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How Much is it Going to Cost?

How much is university going to cost

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Page 1: How much is university going to cost

How Much is it Going to Cost?

Page 2: How much is university going to cost

Be clear how HE finance works• No up front fees!

• Fees are up to £9,000 with the average in 2012-13 being £8,414

• What you pay back depends on what you earn and only if you earn more than 21k after graduating

• 30-40% won’t pay back full amount and debt wiped after 30 years

• Plenty of bursaries to support students on lower incomes

• Independent advice about finance at: http://www.moneysavingexpert.com/students/student-loans-tuition-fees-changes#17

Page 3: How much is university going to cost

Re-assuring video by Martin Lewis at: http://www.studentfinance2012.com/resou

rces

Page 4: How much is university going to cost

More information at: http://www.studentfinance2012.com/

Page 5: How much is university going to cost

Financial Support is Available?

• Bursaries range from £100 to £9,000 for a single academic year

• All institutions charging more than the basic tuition fee are obliged to offer National Scholarship Programme (NSP) awards of at least £3,000 to first-year students with a household income of £25,000

• Universities and colleges invest a total of £442.2 million in financial support (bursaries, scholarships, fee waivers, accommodation discounts etc).

Page 6: How much is university going to cost

Will Having a Degree Make a Difference to my Future Earnings?

Added lifetime earnings by degree compared to 2 or more A levels