What financial support is available?
There’s lots of financial support on offer when you go into uni or college.
Grants
"But I thought the days of student grants were over!"
Well, they’re not. In fact, next year, around two thirds of all new full-time students will be getting a non-repayable grant - known as a Maintenance Grant - to help with accommodation and other living costs while at uni.
A third of all new students are expected to receive the full amount of Maintenance Grant (£2,835), while the further third will receive a partial grant, depending on household income.
You could qualify for at least a partial grant if your household income is under £60,005.
If you get one, the great thing about Maintenance Grants is this: you don’t have to repay them. Not a single penny. Zilch. Zero. Zip.
Your grant is paid in instalments straight into your bank account.
Taken together with your Student Loan for Maintenance, and depending on where you live, your financial support for living costs could add up to £8,050 a year.
