The impact on students of managing fees and

funding

University of Exeter Students’ Guild Advice Unit

Joanna Thomas – Senior Student Advisor

Financial impact from a student perspective...

- What course and where to study- Where to live- Alternative study options- Understanding entitlement and processes- Extra support on offer- Hardship funds

The level of enquiries don’t seem to have changed this year!

Sources of Funding

Government support:

- Tuition Fees Loan – up to £9,000

- Maintenance Grant – up to £3,354

- full grant (£3,354) - household income less than £25,000- partial grant - household incomes between £25,000 - £42,611

- Maintenance Loan

- between £3,575 - £5,000 living outside of London- between £4,988 - £7,675 living in London- between £2,843 - £4,375 living at home

- Additional support...

Sources of Funding

University specific:

National Scholarship Programme

- fee waivers/bursaries for household incomes below £25,000;

varies depending on the University

Bursaries

- awards for household incomes below £42,611;

varies depending on the University

Scholarships –

- awards for merit (e.g. academic, sport);

varies depending on the University

Additional support...

Exeter National Scholarships – for incomes below £25,000:

£2,000 partial fee waivers plus:

£2,500 bursary for household incomes below £16,000

£1,500 bursary for household incomes between £16,001 - £20,000

£1,000 bursary for household incomes between £20,001 - £25,000

Access to Exeter bursaries - for incomes above £25,000:

£1000 per year – Household income between £25,001 to £35,000

£500 per year – Household income between £35,001 to £42,600

Care leavers:Receive full fee waivers for all years of study

and support with additional accommodation costs

Scholarships:Academic, sport, music, debating....

University of Exeter Support

Additional support for:

• Students with disabilities• Students with children • Students with dependants• NHS Funded course• Teacher Training courses• Social Work courses• Care Leavers

Other sources of funding:• Employment

• Household/parental contribution• Bank overdraft• Additional grants

Important Messages for advisers

- Explain support on offer

- Explain additional support for specific cases

- Explain how, when & who needs to apply- also note if the household income changes by more than 15%,

get the student/sponsors to do an year-assessment

- Explain repayment terms

- Contact us if you need support

Important messages for students- Apply early – don’t wait until you have a firm offer

- Apply for government funding via www.gov.uk

- Check on how to apply for University specific funding

- Keep in touch with Student Finance – it is your responsibility to notify them if your circumstances change!

- Make sure you sign the declaration form

- Make sure you give consent to share

- Set up a student bank account

Thank you for listening

Any Questions?

Joanna Thomas

University of Exeter Students’ Guild