Undergraduate Financial Support for Full Time UK students
Financial support for full-time undergraduate UK students to help with fees and living costs, comes in the form of help from the University, and help from the Government.
Money from the Government - Maintenance Loan
The exact amount of maintenance loan you get depends on your family income and where you are living whilst you are studying. You only start to pay it back once you have left university and your income is more than £26,575 (as of April 2020). The repayment threshold will normally increase in April each year.
If you are a student with dependants, you could be eligible for additional support.
These schemes can help towards childcare costs and other costs associated with your course.
- A Childcare Grant is available to help with the cost of registered approved childcare if you are studying full-time
- The Parents' Learning Allowance can provide support if you are a full-time student with dependent children
- An Adult Dependants' Grant may be available if you have an adult who is financially dependent on you
The gov.uk website has further details, see Student Finance - Extra help.
Students may be also able to apply for Child Tax Credit or Universal Credit to help with the day-to-day living costs for dependent children.
Students with disabilities or learning difficulties may be eligible for the Disabled Students' Allowance (DSA), to help fund any extra costs that they may have to pay when studying.
This can include specialist equipment, a non-medical helper, extra travel costs, or other costs. You will need written proof of your disability from an appropriate member of the medical profession. If you have a specific learning difficulty, such as dyslexia or dyspraxia, you will be asked to have an independent assessment of your needs.
Money from the University
Once here, you may also be eligible for additional financial support through the University. There are scholarships and bursaries that, depending on your personal circumstances, you may be able to receive. Some you are automatically awarded, such as the Travel Fund, and others you need to apply for, such as the Sports Scholarship.
On top of this, the University has its own hardship fund called the Dennis Turner Opportunity Fund. Although we cannot guarantee an award we do try and help as many students suffering financil difficultes as possible.
A part time job can help ease the journey through University and make a useful addition to your CV. The Workplace Recruitment Shop can help you to find work to fit in round your studies.
Paying course fees
The funding available to you depends on when you started your studies and if you have been to University previously.
If you wish, you can take out a Tuition Fees Loan from the Government which covers the full course fee. You pay it back once you've left university and your income is more than £26,575 (set by the Government in April 2020). More information on repayments can be found at: repayments.
It's available to eligible full-time higher education students and does not depend on family income.
The amount of the Tuition Fees Loan is paid directly to the University of Wolverhampton by the Student Loan Company.
Visit student finance on the gov.uk website to find out more.
Should you be lucky enough to have someone else pay for you, whether your employer is paying for some or all of your fees or you have received funding from a charitable organisation, we will need to see formal evidence of who is paying and how much they are going to pay (could be an actual amount or percentge). An email will not suffice, we will need official letterheaded paper and a signature.
This needs to be produced as part of the enrolment process.