Financing your studies
Financing your studies
The words ‘student finance’ might sound scary. But don’t worry, we’re here to you help you understand how it all works, and what you need to do next.
Firstly, check if you’re eligible for a student loan. There’s some great information and advice on the Government student finance website. This will also show you were to go to apply for student finance if you’re living in Scotland, Wales, Northern Ireland, Jersey, Guernsey or the Isle of Man.
Remember, you don’t need to wait for your offer to be confirmed, you can apply for your student loan as soon as you’re ready – you could even start now!
You can apply for a maintenance loan to help you with your living costs – accommodation, travel, food and drink, social life. There’s a minimum amount you can have, but you may be able to borrow more depending on your household income. You’ll apply for this on the Government student finance website at the same time as you apply for your loan.
The earliest you’ll start to repay your student loan is on 6 April the year after you finish your course, and that’s only if you’re earning over £25,000 per year. When your repayments start, you’ll pay back 9% of anything you earn over £25,000. So if you earn £27,000 a year, you’ll pay back 9% of the £2,000 that’s over the threshold, which is £180 for the year – that’s just £15 per month.
Your repayments will come straight out of your pay, you’ll see them in your pay slip. If your earnings drop below the threshold, you’ll stop paying. Your loan will be written off 30 years after you started repaying it.
Read more on the Government student finance website.
We offer a range of bursaries to support eligible students studying on our degree courses. Unlike your loan, these don’t have to be paid back and don’t affect your eligibility to state support.
You could be eligible if you’re:
1 March 2019 – applications for bursaries open. Visit our finance page to find out more and apply (when they open).
There are plenty of opportunities to work at Hartpury while you’re here. If you’re passionate and motivated, our Student Ambassador scheme could be a great way to earn money while working flexibly around your studies. You could be helping at recruitment events such as open days or careers fairs, sharing your expertise and experience with potential students, or doing office work with the marketing team.
Our Innovation, Careers and Enterprise team also advertise part-time job opportunities to boost your CV and earn you some extra spending money. Find out more when you get here.