Students living in England can apply for a student loan towards the cost of any of our undergraduate or postgraduate courses.

 

Students in England

Student loans aren’t based on household income, although there are some important conditions you have to meet.

For undergraduate student loans you must:

  • be a UK national or have ‘settled status’ (i.e. you have indefinite leave to remain and therefore there are no restrictions on how long you can stay in the UK)
  • normally live in England
  • have been living in the UK for 3 years before starting your course

For postgraduate student loans you must be:

  • under 60 on the first day of the first academic year of your course
  • a UK or EU national, or have ‘settled status’, so there are no restrictions on how long you can stay
  • normally live in England and didn’t move there just to study
  • living in the UK, the Channel Islands or the Isle of Man for 3 years before starting your course

You won’t be able to get a postgraduate loan if:

  • you’re already getting student finance for an undergraduate course in the same academic year
  • you already have a masters degree or a qualification that’s equivalent or higher
  • you received a postgraduate loan before – unless you left your course due to illness, bereavement or another serious personal reason

For all student loans:

Generally, you’ll only get student finance if you’re doing your first higher education qualification at each level. However, you may still get it if you change course, you leave your course but decide to start again, you’re ‘topping up’ a higher education qualification, e.g. you’ve finished an HNC, HND or foundation degree and now want to do an honours degree.

Not sure whether you qualify? Complete our student finance eligibility checker to find out.

If you’re a resident of England, find out more about undergraduate loans and postgraduate loans.

 

Students in Northern Ireland

Residents of Northern Ireland are eligible to apply for up to £3,120 undergraduate tuition fee loan in the 2018 – 2019 academic year. You may also be eligible for grant funding which can reduce the amount of loan you have to repay. Apply to Student Finance Northern Ireland (SFNI).

 

Students in Scotland

Residents of Scotland cannot claim funding for our courses.

 

EU Students

In addition to the criteria above, you may be eligible for help towards the cost of your undergraduate tuition fees if:

  • you are an EU national or a family member of an EU national
  • you have been living within the European Economy Area (EEA) or Switzerland for the three years immediately before the start of your course
  • your main reason for being in the EEA or Switzerland is not to receive full time education

In addition to the criteria above, you may be eligible for help towards the cost of your postgraduate tuition fees if:

  • you’re living in England on the first day of the first year of your course
  • you’ve normally lived in the European Economic Area or Switzerland for the past 3 years (this is also known as being ‘ordinarily resident’)
  • you’ll be studying at a university or college in England

You could also be eligible if you’re:

  • the child of a Swiss national
  • the child of a Turkish worker
  • a refugee or a relative of one
  • an EEA or Swiss migrant worker, or a relative of one
  • under humanitarian protection or a relative of someone who has been granted it

 

Maintenance loans

You can only apply for a Maintenance Loan as a distance learning student if you can’t attend your course in person because of a disability. If you’d like to learn more, call us on +44 (0) 1206 489 358.

 

Loan repayments

If you finance your course using a government-backed student loan from Student Finance England then you’ll be due to start repaying your loan through your employer’s Pay as You Earn (PAYE) system.

You’ll start repayment in the April four years after the start of your course or the April after you leave your course – whichever comes first.

However, you’ll only start making repayments if you’re in work and your income is more than £21,000 a year (for postgraduate loans) or £25,000 (for undergraduate loans) and any outstanding balance will be written off after 30 years.

Your monthly repayments will be based on your income, not how much you borrowed. For undergraduate student loans, you’ll only pay back 9% of any income above £25,000. And for postgraduate student loans, you’ll only pay back 6% of any income above £21,000.

If you have both an undergraduate and a postgraduate student loan, you will pay back both at the same time (if your income is above £25,000).

Income each year before taxEstimated monthly repayment for an undergraduate loan onlyEstimated monthly repayment for a postgraduate loan onlyEstimated monthly repayment for a postgraduate and undergraduate loan
Up to £21,000£0£0£0
£22,000£0£5£5
£24,000£0£15£15
£27,000£15£30£45
£30,000£37.50£45£82.50
£33,000£60£60£120
£36,000£82.50£75£157.50
£40,000£112.50£95£207.50

There is also no charge on graduates who wish to repay their tuition fee loans early.

If you’re a resident of another country, your repayment schedule will vary.

 

Applying for a tuition fee loan

Call us on +44 (0) 1206 489 358 and our specialist student finance team will guide you through your application.

Please note, our team can advise you on your eligibility and the student loan process but the final decision about your fee loan will be made by the Student Loans Company.

Your loan needs to be approved by the Student Loans Company before the course start date.