Undergraduate students from the UK can apply for student finance through the Student Loans Company. Students can apply for two loans: a Tuition Fee Loan, which will cover the cost of your first undergraduate course, and a Maintenance Loan, which can support your living costs.
A Tuition Fee Loan is available from the UK government via the SLC to UK undergraduate students, giving you the opportunity to borrow up to the full cost of your tuition fees. If you take out a Tuition Fee Loan, the money is paid directly to the University to pay your tuition fees.
Maintenance loans are only available to UK undergraduate students. A certain percentage of the loan (around 44%-47%, depending on where you choose to live during term time) is available without any means-testing. The remaining percentage of your maintenance loan will be means-tested based on your household income. This will be your parents’ or guardians’ income if you’re under 25 and depend on them financially, or your income if you are over 25 or an estranged student.
You may also be eligible for a scholarship or bursary. We recommend researching your chosen university to find out what financial support is available to you.
- Individual university scholarships: Universities offer a range of scholarships and bursaries based on different criteria.
- Disabled students allowance: If you have a disability, or physical/mental health condition, SFE may be able to provide extra funding to support you.
- Dependants grants: If you are a young carer, have any children, or anyone that you have to support financially, SFE may also be able to help.
Top Tip
If you think you may qualify for any type of scholarship or bursary, it’s always worth applying to find out!
