Grants and Loans
Buckingham students may choose to apply for support from Student Finance England and if eligible, the maximum tuition fee loan available to Buckingham students is £6,165 for a 9-term programme. For accelerated programmes (8 terms) the maximum loan is £7,400. You will need to contact Student Finance England and provide them with your course details to find out which loan you may be eligible for.
- an annual repayable Tuition Fee Loan of £6,165 is paid direct to the university. Buckingham students will not be eligible for loan that covers the full tuition fee charged. If you are eligible for this loan, it will be paid termly, in amounts. Students are responsible for paying the remaining balance to the university for each term’s fees.
- an annual repayable Maintenance Loan to help with your living costs of up to £8,700 (up to £9,916 for students entitled to benefits), paid in installments directly to you after registration.
Maintenance Loan calculations for 2018/19
|Household Income||*Maximum Maintenance Loan||**Maximum Maintenance Loan For students entitled to Benefits|
|£25,000 or less||£8,700||£9,916|
UK students who are registered disabled or dyslexic are entitled to the Disabled Students’ Allowance (DSA). The DSA is obtained through Local Educational Authorities and is not a loan, but a grant.
Please note that students from outside the UK are, unfortunately, not entitled to the Disabled Students’ Allowance.
As an EU national, or a family member of an EU national, you can generally apply for financial help to cover the cost of tuition fees when studying in England (conditions apply – for more information, visit Student Finance. All eligible full-time EU students (whether new or continuing) can take out a tuition fee loan to help towards the cost of tuition fees.
The maximum you can borrow is the same as that of other universities; namely, an annual repayable Tuition Fee Loan of £6,165 which is paid directly to the university. If you are eligible for this loan, it will be paid termly. Students are responsible for paying the remaining balance to the University for each term’s fees. The loan is administered by The Student Loan Company, and is funded by the UK government. You start to repay the loan after you have left your course and are earning above a certain amount.
You may also be eligible for educational funding in your own country – please contact your own local education department for further details.
EU nationals and 2018/19 student funding in England
On 21 April 2017, the Government confirmed that EU students entering English higher education in 2018/19 will continue to be eligible for financial support. This means they will continue to have access to student loans and grants, even if the course concludes after the UK’s exit from the EU. Read the statement on the Student Loans Company website.
A new system of postgraduate loans for Masters degrees in the UK was introduced in August 2016 with support from the UK Government.
The loan will provide up to £10,609 for taught and research Masters courses in all subject areas. The loans can be used for tuition fees, living expenses or both. You can apply for a Buckingham Masters course now.
Who is eligible?
The loans are primarily intended to support English students. However, eligibility is based on residency, rather than nationality.
The main residency restrictions are as follows:
- UK nationals must have been ordinarily resident in the UK at the start of their course, most recently in England.
- EU nationals must have been ordinarily resident in the EU, EEA or Switzerland for three years up to the start of their course
- Residency that is purely for the purposes of study will not normally be accepted as proof of eligibility.
Find out more:
A Postgraduate Doctoral Loan can help with course fees and living costs while you study a postgraduate doctoral course, such as a PhD. The loan is worth up to £25,000. More details can be found on the Gov.uk website: www.gov.uk/doctoral-loan