Money Matters: UK and EU Full-Time Undergraduate Degree Students 2017/18

Overview

Money MattersThese pages outline the tuition fees and financial support arrangements for UK and eligible EU students joining a full-time undergraduate degree or full-time integrated Masters degree at Edge Hill University between September 2017 and August 2018.

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 and does not apply to foundation degree or conversion (top-up) degree students.

Tuition fees and financial support information for overseas students can be found at www.edgehill.ac.uk/international/fees.

Exceptions may apply if you have enrolled on any previous higher education study (at level 4 or level 5), even if you didn’t achieve a qualification, or if the course you are joining at Edge Hill University is of an equivalent or lower level to a qualification you already hold.

Tuition Fees

If you are a prospective UK or EU student joining a full-time undergraduate degree or full-time integrated Masters degree at Edge Hill University between September 2017 and August 2018, the tuition fee will be £9,250 per annum.

The University may administer a small inflationary rise in tuition fees, in line with Government policy, in subsequent academic years as you progress through the course.

If you are starting a sandwich degree in academic year 2017/18, the tuition fee will be equivalent to those of a standard full-time undergraduate degree, with the exception of the sandwich year. We anticipate that tuition fees for the sandwich year will be no more than 20% of the standard tuition fee for full-time undergraduate study, which applies to the academic year in which the placement is undertaken.

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 you have enrolled on any previous higher education study (at level 4 or level 5), even if you didn’t achieve a qualification, or if the course you are joining at Edge Hill University is of an equivalent or lower level to a qualification you already hold.

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).

Maintenance Loans

  • Available to help UK 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.

The maximum Maintenance Loan amounts for eligible UK students are as follows:

  • A Maintenance Loan of up to £8,430 per annum may be available if you live away from home;
  • A Maintenance Loan of up to £7,097 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 a UK student and qualify for the relevant benefits, you may be eligible for an increased Maintenance Loan as follows:

  • A Maintenance Loan of up to £9,609 per annum may be available if you live away from home;
  • A Maintenance Loan of up to £8,372 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 £3,566 of the overall maximum Maintenance Loan amount. There is no special support element within the standard Maintenance Loan.

The maximum Maintenance Loan amount you are eligible to receive will be slightly reduced for the final year of your course.

Please note, the above Maintenance Loan amounts are for students domiciled in England. Maintenance Loans for students domiciled in Scotland, Wales or Northern Ireland are subject to separate financial arrangements and loan amounts, thresholds and eligibility will vary.

English-domiciled students can visit www.edgehill.ac.uk/maintenanceloans2017 for a breakdown of potential Maintenance Loan amounts, subject to eligibility, based on illustrative levels of household income.

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 £21,000 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 £21,000 a year. So, for example, if your salary is £25,000 per annum, the 9% repayment would only apply to £4,000, meaning you would repay around £30 a month. If your income falls below £21,000 a year, for any reason, you will not have to make repayments until your income rises above this threshold again.

The Government intends to 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.

From the April you are due to start repaying:

  • For those whose income is £21,000 or less per annum, interest will be applied at the rate of inflation (RPI);
  • For those whose income is between £21,000 and £41,000 per annum, interest will be applied between RPI and RPI plus 3% on a gradual increasing scale depending on income;
  • For those whose income is £41,000 or more per annum, interest will be applied at RPI plus 3%.

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 £2,834 a year if you have to care for an adult dependant, who is not your grown-up child, while studying. A student may be eligible for this grant in respect of one adult dependant whose net income does not exceed £3,796;
  • Childcare Grant – means-tested support designed to contribute to 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 2017/18 are worth up to £159.59 per week for one child or up to £273.60 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 2017/18 are worth up to £5,358 for specialist equipment (covering the whole course, not per annum), up to £21,305 per year for a non-medical personal helper, and up to £1,790 per year for other disability-related expenditure. These figures are the maximum amounts – most students get less;
  • Parents’ Learning Allowance – means-tested support of up to £1,617 a year if you have children who are wholly or mainly financially dependent on you.

Bursaries

Care Leavers Bursary

UK care leavers joining a full-time undergraduate 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. The bursary is available to eligible full-time students for a maximum of three years. Students joining a full-time undergraduate degree at Edge Hill University who are living in foyer/supported housing may also be eligible for this bursary.

Scholarships

ScholarshipsEdge Hill University offers a range of scholarships to reward excellence in prospective full-time undergraduate students.

  • Excellence Scholarships, worth £2,000, celebrate determination, commitment and achievement in any area beyond your studies, for instance in creativity, enterprise, ICT, performance or volunteering;
  • Sports Scholarships, worth up to £1,000 per academic year, reward talent, achievement and dedication in sport and are designed to enhance your sporting performance;
  • The High Achievers Scholarship, worth £1,000, rewards eligible prospective students who achieve outstanding grades in their final A Level or BTEC examinations;
  • The Liverpool Scholarship, worth up to £3,000, recognises the eligible prospective student(s) living in the City of Liverpool who achieves the highest UCAS Tariff score.

Additional scholarships are available to current students which you can apply for, or be nominated for, once you are enrolled on a full-time degree 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

You must have submitted a UCAS application before you can apply for financial support from the Government but you do not need to have a confirmed place on a course. 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 forms from www.gov.uk/student-finance-forms and apply for funding by post.

Please note, to be able to apply for funding, EU students will need to meet certain residency requirements. If you are an EU national and have been living in the European Economic Area (EEA) and/or Switzerland for three years before the start of your course, you are likely to be eligible for a Tuition Fee Loan meaning the course fees do not have to be paid for upfront. You may also be eligible to apply for additional financial support to help with living costs, providing you have been living in the UK, Channel Islands or Isle of Man for a minimum of five years prior to the first day of the first academic year of your course. Please contact us if you have any queries about what funding may be available to you.

Disabled Students’ Allowances

For information on how UK students can apply for Disabled Students’ Allowances, you should consult the website of the relevant funding body:

If you feel you may have a support requirement, we encourage you to arrange a confidential chat with a member of Inclusive Services.

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 Student Services on 01695 584554 or emailing studentservices@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.

Scholarships

There is no application process for the High Achievers Scholarship. We will assess your eligibility automatically.

Applications for Excellence Scholarships for prospective students can be made by completing and submitting the application form available to download at www.edgehill.ac.uk/excellence-prospective. The closing date is Friday 26th May 2017.

Applications for Sports Scholarships for prospective students can be made by completing and submitting the application form available to download at www.edgehill.ac.uk/sports-prospective. The closing date is Friday 26th May 2017.

Previous Study

If you have studied all or part of a higher education course before coming to university, your entitlement to student funding may be affected.

    • Previous Study 
      If you have studied a higher education course (level 4 or level 5) before, even if you didn’t complete it – you may not get Government tuition fee support for the full length of your course, meaning you may have to pay some fees yourself.
  • Equivalent and Lower Qualifications (ELQ)
    If the course you take at Edge Hill is of an equivalent or lower level to one you already hold – you may not get Government support for your fees or your living costs.

There are exceptions but, if you think this may affect you, it is important to clarify your situation.

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.

Student Finance England’s Student Finance Explained (pdf) guide provides a useful quick overview of financial support for prospective students. Student finance resources and information, including a popular discussion forum, for English-domiciled students can also be found on The Student Room website.

For further information on the financial support available to EU students, you should visit www.ukcisa.org.uk.

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