Student Loans - Continuing Students
The majority of students will be eligible to take out loans for their tuition fees and their living costs. This information applies to students who started their course prior to 1st September 2012
Loans will have to be paid back but not until the April after you leave university and start earning £15,000 or more.
There are two student loans you may be able to get each year of your course:
- a Tuition Fee Loan - to cover the cost of your tuition fees. You do not have to take this loan out if you do not want
- a Maintenance Loan - to pay for your living expenses, such as accommodation, travel, food etc. How much you get depends on where you live and study and your household income. You do not have to take this loan out if you don't want or need to.
If you’re a full-time student, you can apply online and gets lots more information about loans and grants for 2013/14 at http://www.direct.gov.uk/studentfinance
More about Tuition Fee Loans
- Full time Home/EU undergraduate or PGCE students can apply online for a tuition fee loan to cover their tuition fees. at http://www.direct.gov.uk/studentfinance
- LJMU will charge students thats started prior to 1st September 2012 tuition fees of £3,465 for the academic year 2013/2014.
- The tuition fee loan will be paid directly to LJMU on your behalf.
- Eligibility is based on your residency and previous study. If you have studied at HE level previously you are strongly advised to seek advice before you start another course.
- This loan is repayable once you complete your course and your income goes beyond the £15,000 threshold.
- In order for the tuition fee loan to be paid to LJMU, you need to remain enrolled in attendance on your course.
- LJMU will confirm you are in attendance to the SLC and they will pay LJMU directly.
More about Maintenance Loans
- In addition to the tuition fee loan full time Home undergraduate and PGCE students may also apply for a maintenance loan to cover their living costs. This loan will be paid into your nominated bank account by the Student Loans Company (SLC).
- Prior to releasing your maintenance loan the SLC will require confirmation from LJMU that you are at the University.
- For students going on a language year abroad LJMU will notify the SLC in mid-August and your maintenance loans should be in your bank accounts prior to the commencement of the year abroad.
- The maintenance loan is not available to EU students.