There are two elements of Student Finance available to all eligible students:
- Tuition Fee Loan – This is not means-tested therefore it doesn’t look at household income. It is paid directly by Student Finance England to your University and covers the entire cost of your tuition fees. As this is a loan you will have to pay this funding back.
- Maintenance Loan – This is to assist with living costs such as accommodation, bills, food and your social life. The loan is part non means-tested and part means-tested. Means testing is when your household income is taken into consideration. As this is a loan you will have to pay this funding back. Students with an underlying entitlement to benefits may be eligible to apply for a larger maintenance loan.
Follow the links below to view more specific information about Student Finance:
Student Finance have produced a video explaining how to apply for Student Finance for 2017/18. This video can be viewed below:
Remember it is really important to always keep all your contact details up to date with Student Finance England (or equivalent). If you do not do this it may lead to implications with your student funding.
If you have any further questions about student funding you can email our Student Funding Team at firstname.lastname@example.org. Alternatively if you are in Lincoln you are welcome to attend the Student Funding drop-in session which runs Monday-Friday between 12 noon-2pm in the Student Support Centre.