Professional and University-Level Loans
Paying for Professional and University-Level Courses
The majority of students applying for a university-level course in 2018/19 are entitled to apply for a student loan to cover some of the costs of studying. This is provided by the Student Loan Company and is repaid in small monthly instalments once your course is complete and you are earning over a certain amount each year. For further details please visit www.direct.gov.uk/student-finance
Many of our courses are accredited by a number of universities including Sheffield Hallam University and the University of Derby, but our fees are much lower than many other providers, which means you can afford to study a university-level course without paying fees of over £9,000 per year.
Our current course fees (as of September 2017) are:*
Foundation Degree/Top-up Degree
Full-time study £5,995 per year
Part-time study £32 per credit
(includes registration fee)
Full-time study £5,995 per year
Part-time study £25 per credit
(doesn’t include registration fee)
CertEd and PGCE
£45 per credit (includes registration fees)
There are two ways to pay your course fees:
1. The majority of students are eligible for a student loan to pay for course fees. For more information please visit www.direct.gov.uk/student-finance or contact our careers guidance team.
2. Alternatively you can choose to pay for your course in five instalments over the year. 20% of the total course fee will be paid upon enrolment, with a further four instalments during the year.
*Full-time students may be entitled to a maintenance loan. This is dependent on family income.
All course fees are reviewed annually. Please check our website course pages for the most up-to-date course fees as they may change.
If you have a question regarding fees and finance you can contact our careers guidance team on 01246 500500.
Withdraw from a course
Please be aware that if you withdraw from a higher education course and you have taken out a student loan you will be required to pay back a pro-rata amount depending on the date of withdrawal. You will also have used up some of your student loan entitlement should you wish to transfer to another course.
University-level students have the opportunity to apply for a bursary (which you don't need to pay back) to help with costs such as travel, books, and equipment. For further, detailed information on the bursary and how to apply, please call 01246 500500.
This will help cover your living costs throughout the academic year. How much you get will depend on where you will be living whilst studying and your household income, and will be repayable after you have left the programme.
This grant helps cover your living costs throughout the academic year and you do not have to pay it back. How much you receive will depend on your household income.
Disabled Student Allowance
If you have a disability, mental health condition or specific learning difficulty you can apply for this non-repayable grant. It can help pay for the extra costs you may have during your programme as a result of your disability, mental health condition or specific learning difficulty. Follow the link below: https://www.gov.uk/disabled-students-allowances-dsas
Parents' Learning Allowance
If you’re a full-time student with dependent children you may be eligible for help towards your learning costs. How much financial support you receive will depend on your household income; in the 2017/18 academic year you could receive between £50 and £1,617 a year. The money will usually be paid in three instalments at the beginning of each term.
Students from England with dependent children may be eligible if they are studying:
· A full-time undergraduate course
· An Initial Teacher Training course (ITT)
The allowance doesn’t have to be paid back and won’t affect your benefits or tax credits, plus the money will be paid directly into your bank account on top of other student finances.
You can apply for the Parents’ Learning Allowance through Student Finance. Once you have applied you’ll receive a letter with details of how much money you will receive.
The Childcare Grant helps with the cost of childcare with a registered or approved childcare provider. If you qualify, the Childcare Grant could cover as much as 85% of your childcare costs during term time and holidays. How much you get depends on your household income and the actual costs of your childcare. This is paid on top of the standard student finance package, and does not have to be paid back.
Student loans now offer varying rates of interest. For the latest information on how much you will pay back, please visit https://www.gov.uk/student-finance
Council Tax relief
If you are over 18 and classed as a full-time student, then you may be entitled to a reduction in your Council Tax. This means that if you are the only adult living in the household, or if you live with other students, you don’t have to pay any Council Tax. If you live with other adults who are not students, you would be entitled to a discount in your Council Tax.
Council tax discounts are available for full-time students who meet one of the following criteria:
1. Aged 18-19 and studying on a course that is NOT Higher Education and which lasts for at least 3 months and you are in college for at least 12 hours per week (not including private study).
2. Aged 20+ and studying on a course that lasts for at least 24 weeks, and you are studying at least 21 hours per week (including lessons and private study).
3. Aged 18+ and studying on an apprenticeship and earning less than £130 per week.
Many councils will accept your Learner Agreement as evidence for Category 1, but some will ask for a specific Council Tax Discount Certificate. For Categories 2 and 3 you will definitely need the specific Council Tax Discount Certificate.
Certificates are produced by the Student Records team, who can be contacted on email@example.com
Child Tax Credits
Students with children may also be eligible for Child Tax Credits from the HM Revenue & Customs. To find out more visit www.hmrc.gov.uk/taxcredits or call them on 0845 300 3900.
For those thinking about higher study funded by employers, please contact the college to discuss how we can help with your application.