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Understanding Student Finance: Costs, Payments, and Repayment Options for Oxford Brookes University

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samara
21 diapositives · 350 Views · Jul 30, 2014

This guide provides essential information on the costs students can expect when attending Oxford Brookes University, focusing on tuition fees (£6,000 - £9,000 per year) and living costs. Learn how students can finance their education through loans, grants, bursaries, and scholarships. This includes details about maintenance grants, tuition fee loans, and repayment structures based on future earnings. Get informed about the application process for student finance and discover additional resources and support available for students, including specific financial packages for NHS and social care courses.

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  1. Student finance Georgie Smith Schools and Colleges Liaison

  2. Main topics What are the costs? How will students pay for it? What are the repayments?

  3. What are the costs? Two main costs: • Tuition Fees • Living Costs

  4. Tuition fees £6,000 - £9,000 per year - 2013 entry (Check individual universities and courses for details) Oxford Brookes University £9,000 per year Undergraduate degrees taught at Oxford Brookes

  5. Foundation degrees Foundation degree costs may differ to onsite degrees Oxford Brookes University £6,000 per year / £7,000 per year for top up year (Foundation/Bachelor degrees taught in Further Education Colleges)

  6. Living costs

  7. How will students pay for it all? LOANS NON-REPAYABLE SOURCES Maintenance Grant Bursaries Scholarships Tuition fee loan Maintenance loan

  8. Tuition fee loan £6,000 - £9,000 per year - 2013 entry Tuition fee available to all Fees are paid directly to the university

  9. Maximum maintenance loan allowance

  10. How do the loans work? Loans combined into one amount Repayments start: • Aprilafter the course finishes • Student earning at least £21,000per year Loan wiped after 30 years Interest Rates Inland Revenue

  11. repayments Repay tuition fee and maintenance loan at: 9% of income over £21,000

  12. How will students pay for it all? LOANS Non-Repayable Sources Maintenance Grant Bursaries Scholarships Tuition fee loan Maintenance loan

  13. Maintenance grant Payment up to £3,354 per year (means-tested – not all are eligible)

  14. Applying for student finance 1 Fill in and send application online: www.direct.gov.uk/studentfinance 2 Application assessed 3 Financial Notification letter sent

  15. Bursaries and scholarships National Scholarship Programme Free foundation year Cash bursaries Fee waivers Halls discount Check university websites for details University specific financial packages

  16. Bursaries and scholarships

  17. Nhs and social care courses • Tuition paid in full (Nursing, Midwifery, Occupational Therapy, Operating Department Practice and Physiotherapy) • Grant and Loan (non-means tested) • Bursary (means tested) Social Care • Bursary being reformed for 2013. Consultation will take place in the new year.

  18. Other help Access to Learning Fund (One off-payment) • Disabled Student Allowance • www.direct.gov.uk/studentfinance • Processed by Student Finance England • Student Services can help • Support available for dyslexic students

  19. Useful websites FINANCE:www.direct.gov.uk/studentfinance www.brookes.ac.uk/studying/finance www.nhsbsa.nhs.uk/students (NHS and Social Care courses) BROOKES:www.brookes.ac.uk