1. Student Finance Matters • Paul Meades • Student Finance Adviser

2. Main changes in 2012/13 • Reduction in HEFCE teaching grant • Universities allowed to charge up to £9,000 Tuition Fees per year (UoP £8,750) • Real rate of interest on the loans for the first time and changes to repayment T&C’s • National Scholarship Programme introduced (Bursaries) • Requirement to provide more information (KIS)

3. Tuition Costs • Tuition fees are different at each University, up to a maximum of £9,000 per year. • Fees will rise each year in line with inflation. • The University of Portsmouth is charging £8,750 for all full-time courses in 2013/14 (Subject to agreement by the Office for Fair Access)

4. Student Support 2013/14 Tuition Costs Loan (repayable) Covers full tuition fees for full-time and part-time UK and EU students. Not income assessed Living Costs Loan (repayable) To help with living costs for full-time English students Partially income assessed Living Costs Grant (non-repayable) To help with living costs for full-time English students Income assessed University Bursaries / National Scholarship Programme (non-repayable) Can be towards fees or living costs depending on institution For full-time English students Income assessed

5. University of Portsmouth Bursary • For full-time, English students • Numbers are not limited • Subject to agreement by the Office for Fair Access

6. Key finance messages • Fees do not have to be paid upfront • Tuition costs loans are not income assessed • Support is targeted at students from low income households • Repayments are linked to income – only repay when earning over £21,000 • 30 year repayment period

7. Contact us • Drop in: Second Floor, Nuffield Centre, St Michael’s Road • Phone: (023) 9284 3014 • Email us: student.finance@port.ac.uk • Web: www.port.ac.uk/money