Tuition Fee Loans - England & Wales

Tuition Fee Loans - England & Wales

Tuition Fee Loans are available for students from England and Wales

Awarding Body

Student Finance England
Student Finance Wales

Value

Dependent on individual circumstances

Quantity of Awards

One application per student per academic year

Overview

You will not have to pay fees before you start university or whilst you are studying. Instead, if you wish, you can apply for a tuition fee loan to cover these costs.

The amount of tuition fees for your course can be found on the individual course pages. The Student Loans Company (SLC) will pay fees directly to the university on your behalf. You will repay the loan once you have left university.

Loan Repayment

Repayment will not begin until the April after you complete or otherwise leave your course.

Your repayments are linked to your income. You will repay 9% of your income over the repayment threshold which is currently £25,725 a year in the UK. If your income changes, either rising or falling, your repayment amounts will automatically change to reflect this.

Any outstanding balance is written off after 30 years.

Repayments which you would make at different income levels
Income each year before tax Approx. monthly repayment
£25,725 NIL
£27,000 £9
£29,500 £28
£31,000 £39
£33,000 £54

Further details about student loans, repaying your loan and the interest rate:

Eligibility

Eligible Countries of Residence

  • England
  • Wales

Eligible Courses

Course Level

  • Undergraduate

Mode of Attendance

  • Full Time

Mode of Study

  • On Campus

Subject Area

  • All Subjects

Other Requirements

Applicants must have met the conditions set out by your funding body.

Students from Wales may also be eligible for a Tuition Fee Grant to cover the difference between a tuition fee loan and the actual amount of the tuition fee. Details are available from Student Finance Wales.

Students who are liable for the payment of tuition fees should refer to How to Pay.

How to Apply

You should apply online through the appropriate Student Finance website:

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