All about money for 2013 entry
Our guide to funding for UK/EU undergraduates starting University in September 2013.
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Fees, discounts and awards
The fee for all UK/EU students studying a full-time undergraduate degree is £9,000. The fee for all UK/EU part-time students will vary depending on the number of credits taken per year.
Our fee discounts and cash awards are reductions and free sums of cash to help you study - you don't have to pay them back.
| What's available? | Who is it for? | How much is it? |
|---|---|---|
| Vice-Chancellor's Excellence Scholarship | If you achieve ABB at A level or equivalent. (Please note you may not be automatically entitled to an award or discount) | £2000 cash award for the first year of your course |
| Salford National Scholarship Programme | If you're a Greater Manchester resident and your household income is less than £25,000 (Please note you may not be automatically entitled to an award or discount). Apply by 31 August 2013 | £2000 discount on your fees plus £1000 cash award for the first year of your course |
| Accession states bursary | If you’re an undergraduate student from one of the Accession States, currently Bulgaria or Romania | £1500 cash award for the first year of your course |
For more information on our Salford National Scholarship Programme.
Loans
If you're a full-time student studying on your first higher education course, you can get government loans for your tuition fees and living costs. You have to pay these back – but not until you're earning more than £21,000 a year, please see the All about repayments section.
Part-time students
If you're a new part-time student studying on your first higher education course you will have access to a tuition fee loan if you are studying at least 25% of a full-time course.
The living cost loan is not available to distance learning students and part-time students.
| What’s available? | Who is it for? | How much is it? | How do I apply? |
|---|---|---|---|
| Tuition fee loan | Anyone who is NOT studying an NHS-subsidised programme or is studying at least 25% of a full-time course | Full-time students: Up to a maximum of £9,000 depending on your course. Part-time students: Up to a maximum of £6,750 depending on your course |
You can apply from January 2013 student finance. www.gov.uk/student-finance The money will be paid direct to the University |
| Living costs loan | Students who need help with accommodation and other living costs | A maximum of £5,500 if you’re living away from home or a maximum of £4,375 if you are living at your parents’ home |
You can apply from January 2013 student finance www.gov.uk/student-finance The money will be paid direct to your bank account in three instalments – one at the start of each term |
The deadline for student finance applications from UK/EU full-time students is 31 May 2013 and for part-time students it is up to 9 months after the start of your course.
Maintenance Grant and Special Support Grant
If you are a full-time student, you may also be able to get a Maintenance Grant - if your family income is less than £42,600 a year. If your family income is less than £25,000 you will be eligible for the maximum amount of £3,250. This is extra support to help with living costs – and you do not need to pay it back.
If you receive income support or other benefit, or if you are a single parent, you may qualify for a Special Support Grant instead of a Maintenance Grant. Again, you do not need to pay this back.
| What’s available? | Who is it for? | How much is it? |
How do I apply? |
|---|---|---|---|
| Maintenance grant | Students who are not studying on an NHS subsidised course, and with a family income of less than £42,600 a year | A maximum of £3,250 | You can apply for this at the same time as you apply for other student finance. You can apply from January 2013 www.gov.uk/student-finance. The money will be paid directly into your bank account at the start of each term |
| Special Support grant | Students on income support or other means-tested benefits, single parents, parents whose partner is also a student and students with certain disabilities, for example | Depends on your income | You can apply for this at the same time as you apply for other student finance. you can apply from January 2013 www.gov.uk/student-finance. The money will be paid directly into your bank account at the start of each term |
Other Sources of Funding
There’s a lot more funding available to those who need it. We’ve put together a selection of other help available.
| What’s available? | Who is it for? | How much is it? |
How do I apply? |
|---|---|---|---|
| NHS Funded Bursaries | For students on certain Health courses | Varies depending on course and circumstances | Contact our Faculty of Health & Social Care or NHS Student Grants for more information or see NHS student bursary website |
| Disabled Students’ Allowance | UK students with a registered disability, mental health condition or specific learning disability. If you get the NHS funded bursary the DSA support will be incorporated | Covers the extra costs of studying as a direct result of your disability, eg, you could get up to £5,161 for any specialist equipment you need | 1. If you're applying for DSAs only, you complete form DSA1 2. If you're also applying for the student finance package, you indicate on the main application that you want to apply for DSAs – and then complete a 'short' version of the DSA1 form. |
| Access to Learning Fund grant | Students who need extra support due to having higher than average living costs or facing unexpected financial problems during their course | Discretionary | The Student Life advisors at the University of Salford will be happy to help with your application. Telephone +44 (0)161 295 0023 or visit our Student Life pages |
| Childcare grant | If you have dependent children under 15, or under 17 if they have special needs |
Up to £148.75 a week for 1 child and up to £255 for 2 or more children | You can apply for this at the same time as you apply for other student finance. you can apply from January 2013 www.gov.uk/student-finance. |
| Helena Kennedy Foundation - Article 26 | If you are seeking sanctuary | Full tuition fee waiver by the University until such time as your status in the UK is resolved and you can access student finance and a support package | For more information on this funding and eligibility criteria. Please contact the Article 26 Project Manager, Rebecca Murray, by email to register your interest. |
| Parents' learning Allowance | Full-time students with children |
Up to £1,508 | You can apply for this at the same time as you apply for other student finance. you can apply from January 2013 www.gov.uk/student-finance. |
| Adult dependents' Grant | Full-time students with an adult who depends on them financially |
Up to £2,642 | You can apply for this at the same time as you apply for other student finance. you can apply from January 2013 www.gov.uk/student-finance. |
Your repayments
You don't have to pay your tuition fee loan and your living cost loan back until you are earning over £21,000 a year. You repay your loans back at a rate of nine per cent of your income over £21,000. So if your salary is £25,000 a year, you pay nine per cent of £4,000, which is £6.92 a week.
On top of that even if you are earning over £21,000 you will not have to start your repayments until the April after your graduation.
You don't have to arrange your repayments this is done for you. When you are earning over £21,000 the repayments will be automatically collected along with your tax from your pay.
Repayments will be lower than the existing system
| Earnings | Current System | New 2012 system | ||
|---|---|---|---|---|
| Annual Repayment | Monthly pay packet reduction it's equivalent to | Annual Repayment | Monthly pay packet reduction it's equivalent to | |
| £15,000 | Nothing | Nothing | Nothing | Nothing |
| £16,000 | £90 | £7.50 | Nothing | Nothing |
| £21,000 | £540 | £45 | Nothing | Nothing |
| £22,000 | £630 | £52.50 | £90 | £7.50 |
| £25,000 | £900 | £75 | £360 | £30 |
| £30,000 | £1,350 | £112.50 | £810 | £67.50 |
| £40,000 | £2,250 | £187.50 | £1,710 | £142.50 |
| £50,000 | £3,150 | £262.50 | £2,610 | £217.50 |
How long will it take to repay?
How long it takes you to repay the loan depends on the size of your loan and how much you earn. If you haven't paid the loan off after 30 years you won't need to make any further repayments.
Need more help? To find out all about the Government student finance package for 2013 entry including the costs, repayments and financial support visit the www.gov.uk/student-finance
Please remember that the information on this page is based on our current available information.