Maintenance Loans - England
You may be eligible to apply for a maintenance loan to cover your living costs.
Awarding Body
Student Finance EnglandValue
Dependent on individual circumstancesQuantity of Awards
One application per student per academic yearOverview
The amount available will depend on your household income.
Payment is made in 3 equal instalments – September, January and April.
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
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 Student Finance England
Students who are liable for the payment of tuition fees should refer to How to Pay.
How to Apply
You should apply online through Student Finance England: