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Finance

When you come to university, it’s important to manage your money carefully. Our student support service, askUS, offers information and advice on all aspects of student finance, whether you’re a current or prospective student.  

You can find out more about student finance by contacting our course enquiries team on enquiries@salford.ac.uk or +44 (0)161 295 4545.

All full-time undergraduate degree courses at the University of Salford are £9,250 per year for UK/EU students starting their course in September 2019 or January 2020 (with the possibility of slight increases for subsequent years of study). Courses with a foundation year as the first year of study may have a reduced tuition fee for the duration of the foundation year of study only – this information can be checked online which is always the most up to date source of information on fees and funding. Course fees are on our course finder pages and money advice and guidance is on our money matters pages.

Applications for student finance will open in the spring, usually towards the end of February. We’ll let you know when applications open. Tuition fee loans are provided by the Student Loans Company and applications are made to Student Finance England, Wales, Scotland or Northern Ireland as appropriate. To guarantee that your funding is in place by the time you start your course, you should apply before the end of May 2019. If you’re a student from outside the UK you can find a handy guide to applying for student finance on the Student Room.

If you have any queries about your eligibility for student finance, you should check this with the relevant funding body as appropriate. We do not make decisions about eligibility for loans; the decision lies with the funding body directly.

If you’re not paying your tuition fees via loan, or for more detailed information on student finance, visit our askUS finance page here.

The other major cost at university is living costs – this includes accommodation, utilities, travel, food, stationery and any course materials. If there are costs associated with your particular course of study this will be outlined on our course finder pages.

To support with meeting these costs, you’re entitled to apply for a maintenance loan. This is a means-tested loan and will take a number of factors into consideration including:

  • Household income – this means the total gross income of the students’ parent(s), caregivers or spouse living in the household where the student lives;  
  • Living arrangements – students living away from home are entitled to a higher maintenance loan than those staying in the family home;
  • Students with a dependent child(ren) or spouse may also be entitled to extra funding to support them such as a Childcare Grant, Parents Learning Allowance or an Adult Dependants’ Grant.

There are other factors taken into account but these are the major ones. There is a handy calculator on the Student Finance website which you can use to check eligibility for student loans.

You apply for your maintenance loan at the same time as your tuition fee loan and it is paid directly into your bank account in three instalments. The first instalment will be paid once your attendance at University has been confirmed – we use the date you collected your ID card as the confirmation  of attendance and it can take three to five working days after this before the monies are released.

Some basic budgeting skills will be important for all students. You’ll find a wealth of information online to support with this and we’ve created a guide to living costs at Salford too. Our student bloggers have also put together their advice on saving before starting uni and tips on money-saving whilst shopping which are well-worth checking out.

The Student Room is an excellent resource for applicants covering information on a wide range of topics. The Money Saving Expert website also has a dedicated page for students including budget planners, money saving tips, student bank accounts and discounts and deals for students.

If you have any further questions about finance at University, contact our course enquiries team on 0161 295 4545 or enquiries@salford.ac.uk.

When you complete registration here on campus you'll automatically be given access to an Inspire account. The scheme is open to all new home and EU undergraduate students joining a foundation year or year one of an undergraduate degree based at the University, and gives you £150 of credit to spend in a dedicated online store. You'll be able to buy learning resources such as text books, electronics or stationery, to give you the best possible start to your studies here at Salford. This scheme will run annually, meaning you’ll receive £150 of credits each year of your undergraduate degree if based here on campus.

For students from low-income backgrounds and living in areas where participation in higher education is low, there will also be the opportunity to receive an additional £350 of credits, bringing the total to £500 each year. This will be based on your personal circumstances and will be assessed at the point of registering as a student here in September.

For further details on the scheme and to get an idea of what you can buy, visit the Inspire site. You can also see full terms and conditions and some frequently asked questions on the website.

Care leavers from the UK who are studying an undergraduate degree will be eligible for an annual bursary of £1,000. This  will be paid in two instalments of £500, the first in November and the second in April. To find out more, including full eligibility, please contact our Course Enquiries Team on 0161 295 4545 or enquiries@salford.ac.uk.