Different student finance supports are available from the government through student loan companies. Every year the government announces the levels of support for joining and continuing undergraduate students. Regardless of where you come from, you can contact the relevant organisation for more guidance and information through a special student finance phone number. The support is available to student in form of tuition fee loan, maintenance loan and maintenance grant.
Tuition fee loan.
Most students studying for their first undergraduate degree do not pay their tuition fee upfront. The government allows you to loan for fees and defer payment until you shall have finished your undergraduate course in the university and you are earning a particular minimum salary. No student is means-tested for the loan regardless of your household income, so you can apply and get it. You actually have the option to take out a partial loan or a full loan. The tuition fee loan is always paid directly to the university. Remember to call student finance phone number 0843 455 0057 for relevant student finance agency for full guidance and details on how to apply for tuition fee loan.
Apart from tuition fee loan, students can also take out government maintenance loan to assist them with living costs. The maintenance loan is divided into two portions-means tested and non-means tested portion. The non-means tested is available to all students regardless of their household income, while means tested portion depends on the level of their household incomes. Unlike tuition fee loan, maintenance loan will be paid directly into your bank account in three installments every year. Moreover, you will not begin to repay your loan until you finish your undergraduate course and at least earning a minimum salary. Refer to relevant student finance authority by using their student finance phone number for more information on maintenance loan.
Note that, if you take out loans from both maintenance tuition fees, then you will have to pay the combined amount when you leave the university into single total sum per installment.
Students from lower income families are permitted to a means-tested maintenance grant or assembly learning grant or young student’s bursary to help them with accommodation and other generating living costs. The level of maintenance grant support depends on your household incomes. Since this is a grant, you will not have to pay it back during and after you complete your course. For more information about grant, you can contact the relevant student finance award agency via any of their reliable student finance phone number 0843 455 0057.
Student Finance England.
PO Box 210.
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