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Finance

The cost of university can be a major concern but the most important thing to note is that there are no upfront costs for tuition fees, and any repayments will be linked to the graduate’s salary once they reach a certain threshold for repayment.

All full-time undergraduate degree courses at the University of Salford cost £9,250 per year* for entry in September 2018 or January 2019. Any 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. 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. See Help and advice section for details.

* Please note, our fees are reviewed on an annual basis and may be subject to change.

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. It is recommended that applications for student finance are made by the end of May 2018 for students starting their studies in September 2018. This is the last date for application to guarantee that funding is in place and it is worth noting that without funding being in place, we do not allow students to register for their course.

Applications for funding are now open, further details can be found on at www.salford.ac.uk/my-application.

The other major cost at university is living costs – this includes accommodation, utilities, travel, food, stationery and any course materials. If there are additional costs associated with your son or daughter’s particular course of study, such as specialist equipment or membership of professional bodies, this will be outlined on our course finder pages. To support with meeting these costs, students are 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 student’s parent(s), care giver(s) 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.
  • Dependents – 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 is a handy calculator on the Student Finance website which you can use to check eligibility for student loans, visit www.gov.uk/student-finance-calculator.

Students apply for their maintenance loan at the same time as their tuition fee loan and it is paid directly into the student’s bank account in three instalments. 

The first instalment will be paid once the student’s attendance has been confirmed – we use the student’s collection of their ID card as the confirmation of attendance and it can take up to five working days after this before the monies are released.

All students should be prepared for this to take a bit of time at the start of the year and it’s recommended that they have an alternative source of funds available to use until they receive their loan. The second instalment is in January and the final at Easter time.

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 online too.

The Student Room is an excellent resource for applicants and their families and it contains 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.