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Financing Higher Education

Financing Higher Education. Aims and objectives. By the end of this session you will have; An understanding of why it is important that you begin to thinking about student finance An overview of the main costs associated to university life An overview of the support available

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Financing Higher Education

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  1. Financing Higher Education

  2. Aims and objectives By the end of this session you will have; • An understanding of why it is important that you begin to thinking about student finance • An overview of the main costs associated to university life • An overview of the support available • An overview as to how to apply for Student Finance and how to pay it back • www.exeter.ac.uk

  3. Tuition Fees Universities and college can charge between £6,000 and £9,000 per year The majority charge the full fees of £9,000 You do not need to pay upfront • www.exeter.ac.uk

  4. Living costs • www.exeter.ac.uk

  5. Available finance Tuition fee loan Living cost support Maintenance Loan Maintenance Grant Institutional support Other support • www.exeter.ac.uk

  6. Sources of income • www.exeter.ac.uk

  7. Support for living costs • www.exeter.ac.uk

  8. Sources of income: • www.exeter.ac.uk

  9. University support Care leavers will receive a full fee waiver for all years of study and support for additional accommodation costs • www.exeter.ac.uk

  10. Other support Disabled Students Allowance (DSA) Access to Learning Fund Dependence allowance Parental contribution Part-time employment • www.exeter.ac.uk

  11. Paying back your loan • You do not pay until you are earning over £21,000 • If your earnings change, your repayments change • You start replaying April after graduation • Interest is variable and is a lot less than normal loans • After 30 year, your remaining loan will be written off • www.exeter.ac.uk

  12. Paying back your loans • www.exeter.ac.uk

  13. How do I apply? Visit the student finance website Complete the online application You will need to provide evidence of your household income You can apply in early spring of the year of entry Make sureyou apply by the set deadline • www.exeter.ac.uk

  14. Finding out more Search online for… University of Exeter Student Finance Calculator 2014 Student Loans Company Student Application Demo University scholarships • www.exeter.ac.uk

  15. www.exeter.ac.uk01392 724043visitus@exeter.ac.uk

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