Edge Hill University: University of the Year 2014/15

Student Finance 2017-18

• Tuition Fee Support

• Maintenance Support

• Repaying Student Loans

• Scholarships & Bursaries

• Any Questions?

Student Finance

Tuition Fees

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Tuition Fees

OUT

IN

• Lectures, seminars and tutorials

• Compulsory course field trips

• Professional Body Examination Fees

• University support services

• Access to university library

• Access to computer facilities

• Administrative costs

• Membership of a students’ union

What do tuition fees cover?

• Max. £9,250/year

• Eligibility:• English citizen• Studying in UK• First Degree

• Paid directly to your university

• No up-front fees

What are Tuition Fees?

Maintenance Loan

What do students need money for?

Edge Hill UniversityEdge Hill University

Average Accommodation = £147

£72 per week

£119 per week

Edge Hill University

Recent Awards…

Covers cost of living

Loan is optional

Part non-means tested, part

means-tested

Repayable

Transferred to your account in

three Termly Instalments

Maintenance Loan

Maintenance Loan

Full Year Student Maximum Loan Amount from SFE

Parental Home £7,097

Elsewhere £8,430

London £11,002

Overseas £9,654

Maintenance Loan

Household Income

Continuing Student 2016/17*

New Student2017/18*

£25,000 & under £7,784 £8,430£30,000 £7,298 £7,825£35,000 £6,812 £7,220£40,000 £6,325 £6,615£45,000 £5,810 £6,009£50,000 £5,262 £5,404£55,000 £4,714 £4,799£60,000 £4,166 £4,193

*Maximum Loan Amounts

Based on gross taxable household income- If parents are separated, household income is

based on income of household where the student predominantly resides

- Step parents/partners’ incomes are included in household income

Assessed based on previous financial year

If income has dropped by more than 15% you can request a current year assessment

Income Assessment

Professional Health Courses

Professional Health Services

From 2017/18, they now come into line with all other

university courses

e.g. Nursing, Midwifery, Paramedic Practice and

ODP

Pay Tuition fees and receive a maintenance loan through Student Finance

Repaying Student Loans

Repaying Student Loans

The two loans are combined together

Start to repay once:• You’ve graduated

• You’re earning above £21,000

You will repay 9% of everything you earn

above £21,000

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Income each year before tax

9% will be deducted from

Monthly repayment (Approx)

≤ £21,000 £0 £0

£25,000 £4000 £30

£30,000 £9,000 £68

£40,000 £19,000 £143

£50,000 £29,000 £217

£60,000 £39,000 £292

Repaying Student Loans

After 30 years of repaying, whatever’s

left over is written off completely

You will only ever repay from when

you’re earning above £21,000

Repaying Student Loans

If you move or work overseas,

repayments will still be taken

• Early repayment not particularly advised

• Repayments taken directly from salary

• Repayments stop if salary does

Repaying Student Loans

Whilst studying and until the April after leaving the course RPI plus 3% (6.1%)

From April after leaving the course Salary Interest charged

≤ £21,000 RPI Only (3.1%)

£21,000 - £41,000 RPI + up to 3%

≥ £41,000 RPI + 3% (6.1%)

Additional Support,Scholarships & Bursaries

Who is eligible for a Student Loan?

Additional Support

• Disabled Students Allowance (DSA’s)

Mental Health Conditions Specific learning disabilities

• Dependants GrantsChildcare grant

Parents Learning AllowanceAdult Dependants Grants

• University specific scholarships & bursaries

• Non-repayable

Further information can be found at www.gov.uk

Universities set their own criteria

Normally reward excellence or focus on lower income families

Applications vs guaranteed scholarships

Fee waiver vs cash

Can be achieved through a variety of methods & activity areas:

Sport Volunteering

Performing ArtsA-Level/BTEC Grades

Scholarships

Excellence Scholarship

• Full-time undergraduate degree

• Nothing to do with your financial situation, degree subject or academic

achievement

Demonstrate determination, commitment and achievement outside your studies.

Creative Arts

ICT and Enterprise

Performing Arts

Volunteering and Citizenship

Worth £2,000 (4 installments in first year) + discounted membership

Sports Scholarship

• Full-time undergraduate degree nothing to do with your financial

situation, degree subject or academic achievement

• Worth up to £1000 per year

• Talented at sport - competitive level

• Three levels of scholarship (Gold, Silver & Bronze) with different benefits

and qualification criteria

• Progress in both your sporting andacademic pursuits to have the scholarship renewed annually

High Achievers & Liverpool ScholarshipsHigh Achievers Scholarship

• Full-time and accepted a place• 144 UCAS points in your final exams (from a

maximum of three grades)• Up to £1,000 and discount card for the Arts

Centre• Automatically assessed and contacted by

letter

Liverpool Scholarship

• Full-time domiciled in the City of Liverpool with highest UCAS Tariff Score

• Up to £3,000 in instalments (Amount varies if more than one student)

• Students awarded a Liverpool Scholarship may not be able to receive High Achievers

• Automatically assessed and contacted by letter

Not usually eligible for both

‘Try before you buy’ 4-week Premier membership trial period at the gym for on-

campus students – after that, membership is subsidised for remainder of the residential

contract period

Students can also join The Arts Centre for free and

receive four free tickets per season to see any

performance or film of their choice!

Other university perks!

Applying for Student Finance

Online application

Apply as early as possible

31st May deadline for guaranteed

money

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What is the role of the supporter?

A parent/carer/partner who provides some details to support an application

They will be sent an e-mail with log-in details after students start application

Supporter needs to fill in income details. For this they may need evidence

• Gross Financial income for previous tax year (unless 15%+ drop)

• National Insurance Number to verify income

Don’t immediately need any evidence but good to save it in case!

Will also be asked for the number of dependants who are both wholly, and

partially, financially dependent on you (the supporter)

Supporting an application

What happens next?

What happens next?

1. You can track the progress of your application by logging in.

2. When you arrive at university you will receive your money

3. Tuition paid directly to the university

4. Maintenance paid into your bank once your university has confirmed your enrolment (approx. 1 week).

5. A late application can result in late payment

6. You re-apply every subsequent year

Top Tips

Key Messages

• Apply early – can take six weeks or longer in some cases!

• Don’t need a confirmed place at university to apply

• Apply with preferred choice

• Agree to share information – grants, bursaries

• Make sure evidence needed is supplied first time

• Apply even if delay in supporter income details

• RETURN the online declaration form!

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Consent to sharing information

Edge Hill Works Free service

Help to find part-time/temporary/holiday

work

Bar work/care work/IT, Mentoring/Tutoring/Office/Retail/Student Guides/Ambassadors

Work AbroadDISNEY

Camp AmericaCCUSA

Part-time work

Recap

Financial support availableTuition Fee Loan Maintenance Loan

Paid direct to university

Paid to you in instalments

Up to £9250 Up to £8430Repayable Repayable

• Optional

• Only make repayments once you’ve left university and your income is over £21,000 a year

• If you go below £21,000, repayments stop

The Student Room: • www.thestudentroom.co.uk/content.php?r=56

59-Student-Finance

Student Finance:• www.studentfinance.direct.gov.uk

• www.gov.uk/apply-online-for-student-finance

Brightside Calculator:• www.studentcalculator.org.uk

Student Finance England:• www.youtube.com/user/SFEFILM

NHS Business Services Authority:• www.nhsbsa.nhs.uk/Students.aspx

Summer Residentials

Summer Residentials 2017

Gain an understanding of what university-level work is

Experience life as a student living on campus

Meet other students interested in your subject area

Work with current Student Guides

Places are fully funded

•Visit: ehu.ac.uk/y12res

•residentials@edgehill.ac.uk

ehu.ac.uk/y12res

Summer Residential Weeks

JULY31st –August 3rd 2017

AUGUST 7th – 10th

2017• Advertising & Design • Animation • Creative Performance• Creative Writing• Dance• Drama • English Language• English Literature• Film & TV Production • History• Music • Musical Theatre• Public Relations• Social Sciences • Sport and Physical Activity

(Physical & Social)

• Applied Health and Social Care • Biology• Business/Economics/Accountancy

/Marketing• Computer Science• Geography• Geology• Law, Criminology & Policing• Professional Health• Psychology• Teaching & Education

• Early Years and Primary age group (0-11)

• Secondary age group (11-19)

ehu.ac.uk/y12res

Day 1 Day 2

Registration and Induction Personal Statement Introduction Get to meet your department Introduced to your Independent project Campus Tour & Library Induction Evening Activity!

Academic Workshops Application Advice

drop in Study time for

Independent project Societies night!

Residential Timetable

ehu.ac.uk/y12res

Day 4

Day 1

Day 3

Day 2 Registration and Induction Personal Statement Introduction Get to meet your department Introduced to your Independent Project Campus Tour & Library Induction Evening Activity!

Academic Workshops

Application drop in Study time for

project Societies night!

Academic Workshops Optional alternative

accommodation tour Celebration dinner Edgefest!

Room checkout Residential and Personal

Statement summary Student marketplace: including

student services and finance Residential Close Optional tour of Ormskirk

Residential Timetable

ehu.ac.uk/y12res

Any Questions?

Open Days

Saturday 17th June 2017Saturday 19th August 2017

www.edgehill.ac.uk

Edge Hill University: University of the Year 2014/15