top of page

Student Financing
Getting your Degree Funded!

Terms

Undergraduate

Postgraduate

£25,000  |  £21,000

Repayment Threshold (Gross Income)

|

0%

3%

Interest Rate (above RPI)

|

40yrs

30yrs

Loan Forgiveness

Overview

Tuition Fees Funding
UK Student Finance loans cover the full cost of tuition fees, which are paid directly to the educational institution. For the 2025/26 academic year, the maximum tuition fee for full-time students is set at £9,535

Maintenance Loan
These loans assist with living costs such as accommodation, food, and travel. For the 2025/26 academic year, the maximum maintenance loan amounts are:
 

Living with parents: Up to £8,877​

Living away from home, outside London: Up to £10,544

Living away from home, in London: Up to £13,762

Master's Loan
Students pursuing a master's degree can apply for a loan to contribute towards course fees and living costs. Students can borrow up to £12,471. This loan is paid directly to the student and is not based on household income.

Structure

Repayment Amount
Graduates repay 9% of their income over the repayment threshold. For postgraduate loans, the repayment rate is 6% of income over the threshold.​

Payment Collection
For employed graduates, repayments are automatically deducted from their salary through the PAYE system. Self-employed individuals make repayments through the self-assessment process.

Interest Accrual
Interest begins accruing from the time the first payment is made to the student or to the educational institution on behalf of the student.

bottom of page