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50 Park Place, Cathays Park Campus
2nd Floor, Cardigan House, Heath Park Campus
Student Funding 2009-10
How will I fund my time at university?
Student Loan Tuition Fee Loan Grants Additional Funding Budgeting
Key
Welsh students English students
Scottish studentsNorthern Irish
EU Students
Variable Tuition Fees
Tuition Fee Loan available to all students to pay for fees
Paid directly to the University by Student Loans Company
Student repays after finishing their course
Variable Tuition Fees
Annual Flexible fee is £3,225
UNLESS you normally live in Wales/EU AND study in Wales – Tuition fee grant of £1,940 so max TF loan
needed is £1,285
Student Loans
Tuition Fee Loan Maintenance Loan(loans/grants for living costs only
apply to EU students who have the required UK residency)
Does NOT depend on household incomeMax £3,225Has to be repaid
DOES depend on household incomeMax £4,745 Wales
£4,950 EnglandHas to be repaid
Student Grants
Assembly Maintenance Grant
DOES depend on household incomeMaximum £2,906Does NOT have to be repaid
DOES depend on household incomeMaximum £2,906Does NOT have to be repaid
Learning Grant
Living Costs 09-10
Household Income
Assembly Learning Grant
Maintenance loan**For students living away from home
Total each year
£18,370 £2,906 £3,457 £6,363
£25,000 £1,775 £3,457 £5,232
£35,000 £517 £4,228 £4,745
£39,329 £50 £4,695 £4,745
Living Costs 09-10
Household Income
Maintenance Grant
Maintenance loan**For students living away from home
Total each year
£25,000 £2,906 £3,497 £6,403
£34,000 £1,106 £4,397 £5,503
£40,000 £711 £4,595 £5,306
£50,020 £50 £4,925 £4,975
Additional funding from LEA
• Special Support Grant• Childcare grant• Parent’s Learning Allowance• Adult Dependant’s Grant
• Disabled Student’s Allowance –
PN1 form
Means-tested
Non means-tested
How do I repay my loans? Tuition fee & Maintenance loan are repaid
depending on your income Start repaying once earning more than £15,000 Payments taken out of your wage by your
employer
Earnings per year Repayment per month
£18,000 £22
£24,000 £67
Repayment “Holiday”
Change for English students in 2008-09
Graduates have the choice of putting repayments on hold for up to 5 years
From April 2012
Applying for student funding 09-10
Form PN1 Download forms or apply online: www.direct.gov.uk/studentfinance
Apply Feb 2009 onwards
www.studentfinancewales.co.uk
Apply Feb 2009 onwards
Additional Funding from Cardiff University
Cardiff University Bursaries
Based on household income
*08-09 figures
Household income Bursary each year*
Under £25,000 £1050
£25,001- £39,300 £500
Over £39,301 £0
Cardiff University Scholarships
£3,000 paid over length of degree Based on academic merit Check on web if department offers Scholarships Automatically considered Make Cardiff your firm choice (check web for cut off
date when applying)
Additional help from Student Support
Financial Contingency Fund
Care Leavers
Emergency Loans
Educational grants and Trusts
Student Budget
OUT GOING MONEY INCOMING MONEY
Self catered halls £810 Maint Loan £1,152
Food £450 ALG £876
Toiletries/laundry £45 Bursary £350
Books/copying £117
Travel (inc. travel home)
£90
Telephone £79
Social/leisure £330
Clothes £75
TV License £35
Total £2,031 Total £2,378
Average Termly incomings & outgoings for student in Halls Sept – June
How much will I have left per week?
Incoming money
Outgoing money
£2378 per term
£2031 per term
Total left £347 per term
£347 divided by 12 weeks = £29 spare P/W
Minus
Figures taken from a Welsh household with an annual household income of £20,000
Student funding figures from 2009/10
Useful web addresses
www.studentfinanceengland.co.uk
www.studentfinancewales.co.uk
www.delni.gov.uk/studentfinance
www.saas.gov.uk
www.support4learning.org.uk
Contact us50 Park Place, Cathays Park Campus
029 2087 4844
2nd Floor, Cardigan House, Heath Park Campus029 2074 2070
[email protected]@cardiff.ac.uk
[email protected]@cardiff.ac.uk
www.cardiff.ac.uk
