Money Matters: Full-Time Conversion Degree Students 2020/21

Overview

A student flicks through the notes in his file during a seminar.These pages outline the tuition fees and financial support arrangements for UK and eligible EU students joining a full-time conversion programme to honours degree at Edge Hill University between August 2020 and July 2021.

We can help explain what student funding you may be entitled to receive and how to apply for it.

Please note, the information on these pages may be subject to change.

Exceptions may apply if the course you are joining at Edge Hill University is of an equivalent or lower level to a qualification you already hold, or if you have any previous higher education study, even if you didn’t achieve a qualification.

Tuition Fees

If you are a UK or EU student joining a full-time conversion degree at Edge Hill University between August 2020 and July 2021, the tuition fee will be £9,250 (subject to final Government approval).

Eligible students will not have to pay up-front for their tuition and can apply for a Tuition Fee Loan to cover the cost of the course fees.

Exceptions may apply if the course you are joining at Edge Hill University is of an equivalent or lower level to a qualification you already hold, or if you have any previous higher education study, even if you didn’t achieve a qualification.

Loans

Tuition Fee Loans

You will be able to borrow the full cost of your tuition fee from the Government in the form of a Tuition Fee Loan (subject to eligibility).

If you are an EU national or the family member of an EU national, you are likely to be eligible for a Tuition Fee Loan (subject to any previous study) providing you have been ordinarily resident in the European Economic Area (EEA) or Switzerland for the three years prior to the start of your course.

Maintenance Loans

  • Available to help UK and eligible EU students with living costs such as food, accommodation and travel;
  • The amount of Maintenance Loan you can apply for is determined by your household income, where you are going to live while you are studying, and additional criteria;
  • Usually paid in three instalments, directly to your bank or building society account.

Maintenance Loans are subject to different financial arrangements and eligibility criteria depending on whether you are domiciled in England, Scotland, Wales, Northern Ireland or the EU. 

EU nationals may be eligible for the same Maintenance Loan amounts as English-domiciled students, subject to meeting additional criteria.

If you are domiciled in ScotlandWales or Northern Ireland, you should refer to the website of the relevant funding body for loan amounts and eligibility criteria.

For prospective full-time conversion degree students, Maintenance Loan arrangements are also determined by whether or not you are progressing to a full-time conversion degree, directly from a full-time foundation degree, without a break from studying (disregarding any normal intervening vacation period between semesters).

Please select the relevant option below. If you are unsure which category will apply to you, please contact us for advice.

Joining a full-time conversion degree directly from a full-time foundation degree without a break from studying?

The maximum Maintenance Loan amounts for eligible students domiciled in England joining a full-time conversion degree directly from a full-time foundation degree without a break from studying are as follows:

  • A Maintenance Loan of up to £6,135 may be available if you live away from home;
  • A Maintenance Loan of up to £4,821 may be available if you live with your parents.

Joining a full-time conversion degree directly from a part-time foundation degree or after a break from studying?

The maximum Maintenance Loan amounts for eligible students domiciled in England joining a full-time conversion degree directly from a part-time foundation degree or after a break from studying are as follows:

  • A Maintenance Loan of up to £8,703 per annum may be available if you live away from home;
  • A Maintenance Loan of up to £7,290 per annum may be available if you live with your parents.

The maximum amount you can receive as a Maintenance Loan may increase if you qualify for certain benefits.

If you are domiciled in England and qualify for the relevant benefits, you may be eligible for an increased Maintenance Loan as follows:

  • A Maintenance Loan of up to £10,027 per annum may be available if you live away from home;
  • A Maintenance Loan of up to £8,714 per annum may be available if you live with your parents.

You may be eligible for the increased Maintenance Loan if you meet any of the following criteria:

  • You are a lone parent who is responsible for a child or a young person aged under 20 who is a member of your household and who is in full-time education;
  • You are a lone foster parent of a child or young person aged under 20;
  • You have a partner who is also a full-time student and one or both of you are responsible for a child or young person aged under 20 who is in full-time non-advanced education;
  • You have a disability and qualify for a Disability Premium or Severe Disability Premium;
  • You have been treated as incapable of work for a continuous period of at least 28 weeks (two or more periods of incapacity separated by a break of no more than eight weeks count as one continuous period);
  • You are deaf and qualify for Disabled Students’ Allowances;
  • You are waiting to go back to a course having taken approved time out because of an illness or caring responsibility that has now come to an end for a period not exceeding one year;
  • You are entitled to Personal Independence Payment, Armed Forces Independence Payment or Disability Living Allowance;
  • You are entitled to housing benefit or the housing element of Universal Credit.

For those students entitled to benefits who qualify for an increased Maintenance Loan, the Maintenance Loan will consist of a special support element which will be disregarded as student income when calculating benefits. The maximum special support element of a Maintenance Loan will be £3,893 of the overall maximum Maintenance Loan amount. There is no special support element within the standard Maintenance Loan.

Students aged 60 or over on the first day of the first year of their course may be entitled to a Maintenance Loan up to a maximum of £3,893.

Eligibility of EU Students for Maintenance Loans

If you are an EU national joining a full-time conversion degree, in certain circumstances you may be eligible to apply for a Maintenance Loan the same as English-domiciled students.

You will need to meet one of the following criteria:

  • Have been living in the UK for at least five years prior to the start of your course;
  • Be working in the UK or have a family member working in the UK;
  • Be the child of a Swiss national or Turkish worker who’s working in the UK.

For advice on your potential eligibility as an EU student for Maintenance Loans, you should contact Student Finance Services on 0141 243 3570.

Loan Repayments

You will not have to start repaying the total of your student loans until the April after you have completed your course and are earning at least £25,000 per annum. If you leave your course early, you will still have to repay your student loans.

The amount you repay will be linked to your income. Each year you will be expected to repay 9% of your income that is above £25,725 a year. So, for example, if your salary is £30,000 per annum, the 9% repayment would only apply to £4,275, meaning you would repay around £32 a month. If your income falls below £25,725 a year, for any reason, you will not have to make repayments until your income rises above this threshold again.

The Government will apply interest on your loans at inflation (Retail Price Index – RPI) plus 3% while you are studying, and up until the April you are due to start repaying. The interest rate will vary from the April you are due to start repaying, subject to your income level.

The Student Loans Company will work with HM Revenue and Customs to collect repayments. They will be taken by your employer and shown on your pay statement. If you are self-employed, the repayments will be collected through the tax self-assessment system. No early repayment charges will be made. Any monies still owed after 30 years will be written off.

Grants

Supplementary Grants and Allowances

UK students may be entitled to additional financial support such as Adult Dependants’ Grant, Childcare Grant, Disabled Students’ Allowance and Parents’ Learning Allowance.

  • Adult Dependants’ Grant – means-tested support of up to £3,094 if you have to care for an adult dependant, who is not your grown-up child, while studying (subject to eligibility);
  • Childcare Grant – means-tested support designed to contribute up to 85% towards your childcare costs if you have a dependent child/children in the care of an Ofsted-registered childcare provider while you study. Childcare Grants for academic year 2020/21 are worth up to a maximum of £174.22 per week for one child only or up to £298.69 per week for two or more children (subject to eligibility);
  • Disabled Students’ Allowances – support tailored to your individual needs if you have a disability or specific learning difficulty. Disabled Students’ Allowances for eligible full-time students in academic year 2020/21 are worth up to £5,849 for specialist equipment, up to £23,258 for a non-medical personal helper, and up to £1,954 for other disability-related expenditure. These figures are the maximum amounts – most students get less;
  • Parents’ Learning Allowance – means-tested support of up to £1,766 if you have children who are wholly or mainly financially dependent on you.

Bursaries

Care Leavers Bursary

UK care leavers joining a full-time conversion degree at Edge Hill University, who are aged under 25 at the start of their course, may be eligible for a Care Leavers Bursary worth £1,000 per annum, providing that a minimum of 13 weeks has been spent in Local Authority care since the age of 14. Students joining a full-time conversion degree at Edge Hill University who are living in foyer/supported housing may also be eligible for this bursary.

Scholarships

A scholarship winner, with her family, attending a Scholarship Awards Evening.A range of scholarships are available to current students which you can apply for, or be nominated for, once you are enrolled on a conversion degree and studying with us (some exclusions may apply).

You can also make the most of your student experience and take advantage of career enhancing opportunities by applying for financial support from our Student Opportunity Fund.

For more information on the full range of scholarships, including eligibility criteria for each award, visit www.edgehill.ac.uk/scholarships.

How to Apply

Loans and Grants

We strongly recommend applying for financial support as early as possible to ensure your application is received and processed in good time.

The funding application process for English-domiciled students is as follows:

  • Applications are made online to Student Finance England at www.gov.uk/apply-online-for-student-finance;
  • After you have applied for student funding, you will be able to manage your account online;
  • Once your application has been assessed, you will receive a Student Finance Entitlement Letter outlining the support you have applied for and can expect to receive. The Student Finance Entitlement Letter can also be viewed online. If the financial support outlined in your Student Finance Entitlement Letter is not what you anticipated, you are welcome to contact us for advice.

The funding application process is different if you are a student domiciled in Scotland, Wales or Northern Ireland. You should consult the website of the relevant funding body for further information on the application process you will need to follow:

EU students should download the relevant application form from www.gov.uk/student-finance-forms and apply for funding by post.

Care Leavers Bursary

You will have the opportunity to indicate that you are a care leaver during the admissions process. You can also identify yourself after submitting your application or at any point during your course by contacting Kordel Dickinson, Student Transitions and Support Manager, on 01695 654336 or emailing Kordel.Dickinson@edgehill.ac.uk.

Once confirmation of your Care Leaver Status, or evidence of being in supported housing, has been received, a Care Leavers Bursary application form will be issued for you to complete.

Previous Study

If you have previously undertaken a course of higher education, such as a foundation degree, and you plan to ‘top-up’ by studying a conversion programme to honours degree, you should be eligible to apply for the standard financial support package for conversion degree students.

However, all preliminary courses, including repeat years, may impact on your eligibility to receive full funding for a conversion degree and you should contact us for clarification.

To find out more, visit www.edgehill.ac.uk/previousstudy.

Contact Us

If you have any queries about tuition fees or scholarships, or if you have any queries about previous study and the potential impact it may have on your eligibility for financial support, you can email Academic Registry.

If you have any questions about your eligibility for financial support, or if you wish to receive advice and guidance on applying for funding (including support in completing funding applications), you can get in touch with the Money Advice Team.

Alternatively, you can contact the Students’ Union Advice and Representation Centre.

Please note, all advice and guidance provided by the University is subject to any information which you choose to impart to us, about your individual circumstances, being correct.

The advice and guidance you receive will be based upon current eligibility criteria from external organisations, such as the Student Loans Company. However, if any changes are made to this eligibility criteria by an external organisation, the University cannot be held responsible.

All staff will treat any information you share with them in the strictest confidence.

Further Information

Our Student Services website includes useful tips on how to increase your income and reduce your expenses while at University, together with advice about keeping track of your finances and managing your money effectively.

For further information on the financial support available to EU students, you should visit www.gov.uk/student-finance/eu-students.