You can get student finance to help towards your living costs while you’re at university or college. Content provided by Student Finance England.
Part-time student finance applications for the academic year 2023 to 2024 are now open, apply now! Student finance can help pay for things such as rent, food, books, travel, and other costs.
Any loan you borrow has to be paid back, but not until the April four years after the start of your course, or the April after you finish or leave your course, whichever comes first, and only when your income is over the repayment threshold.
Student Finance:
- Discover how student finance can alleviate your living costs during your university or college journey. Content brought to you by Student Finance England.
Apply Now for Part-Time Student Finance
- Don’t miss out! Applications for part-time student finance for the academic year 2023 to 2024 are currently open. Seize the opportunity to secure your financial support.
Funding Your Essentials
- Explore how student finance can be your lifeline, covering expenses such as rent, food, books, and travel.
Repayment Made Easy
- Understand the terms of repayment for loans borrowed, with payments commencing either four years after course commencement or upon completion/exit, whichever occurs first, and only when income surpasses the repayment threshold.
Available Support
- For those embarking on a part-time course post-August 1, 2018, a Maintenance Loan is at your disposal to assist with living expenses.
Eligibility:
Whether you can get student finance depends on your:
- Personal circumstances
- Course
- Course intensity
How to Apply
New Students:
Seize the initiative by applying early to ensure seamless processing of your funding. Establish your student finance account, providing essential details and safeguarding your login credentials. Be prepared to furnish proof of identity, and if applicable, pertinent financial information from your parents or partner.
( Set up a student finance account:
When you register, you’ll be given a unique Customer Reference Number, and will need to create a password and secret answer. You should keep these safe, as you’ll need them to log in to your account to check the progress of your application, and reapply for student finance next year.
( Fill in and submit your application:
The first time you apply, you’ll be asked for proof of identity. You can easily do this by providing your valid UK passport details. If you don’t have a UK passport, you may have to send evidence.
If you want to apply for student finance that depends on your household income, Student Finance England will ask your parents or partner for their National Insurance number, and their personal income details.
- Send any evidence you’re asked for:
Student Finance England may contact you, or your parents/partner, to ask for evidence to support your application. If you’ve had no contact with your parents for over a year, you might be able to apply as an ‘independent student’.
Continuing Students:
Stay proactive by reapplying promptly to secure funds in time for the upcoming academic year.
Navigating Changes
Life is dynamic, and so are your circumstances. Whether you’ve switched institutions, altered courses, or experienced personal changes, keep us informed. Navigate these transitions smoothly by updating your details promptly, ensuring your student finance aligns with your evolving situation.
How to change an application
You must tell Student Finance England about any change in your circumstances which might affect your student finance.
The most common examples are:
- You’ve changed university or college
- You’ve changed your course (but stayed at the same university)
- You’ve left your course
- Your name or contact details have changed
Before your initial course start date, you can tell Student Finance England about any changes by filling in a ‘Change of Circumstances’ form, which you can download from your online account.
After your course start date, you’ll need to ask your university or college to tell Student Finance England about any of the following changes:
- Your tuition fee amount
- Your course details
- Your course intensity
- You repeat a year
- You suspend your studies
Payment Process
Before funds can flow, ensure your university or college registration is complete. Student Finance England disburses your Maintenance Loan directly into your bank account, divided into three installments, typically aligning with the start of each term. While payment dates are accessible through your online account, bear in mind that processing times may vary across financial institutions.
