In Wednesday’s Summer Budget the Chancellor announced changes to higher education student finance.
In order to ensure you have the updated information I have detailed the changes below. Please make time to read the information so that you fully understand how these changes will affect you.
• from September 2016 all means tested student maintenance grants will be replaced with loans. This will not affect students starting courses in 2015/16 or already at university
• maintenance support available in loans will increase to the highest level ever for students from low-income households – by £766 to £8,200 for those studying away from home outside London and to £10,702 for those in London
• university will remain free at the point of entry – most new full-time students will not pay up front, and graduates only have to repay their loans when they are earning above £21,000
• grants for students who are carers, disabled or have dependants will still be available
• tuition fee loans for 2016/17 remain the same.
Further information on these changes and on student finance can be found on https://www.gov.uk/government/news/higher-education-student-finance-changes
Please click here to see an important message for Year 13 regarding UCAS applications for 2015