Student Finance Helpline & Frequently Asked Questions – FAQs
How do I apply for a student loan?
You’ll need to apply to Student Finance England (SFE). You can apply online at www.gov.uk/apply-online-for-student-finance. If you haven’t applied for a student finance loan before, you’ll need to set up an online account first.
How much is the tuition fee loan?
The tuition fee loan is currently £9000 for full-time undergraduate students and £6750 for part-time students. Call the student finance helpline and see how much you will get for your Tuition Fee Loan and Maintenance Loan.
What proof of ID will I need to provide with my application?
You’ll be asked to send in your passport details to SFE. If you don’t have a passport, you can send in your birth certificate instead. Original documents will be forwarded back to you within four weeks.
What other documents will I need?
You’ll also need to send in evidence of your earned income, such as payslips or P60 and unearned income such as a bank or building society statements or Self Assessment tax return.
Student Finance Contact Number 0843 455 0057.
I’m a part-time student. Can I still apply for a loan?
Yes, you can apply for a loan if you are studying part-time, for instance with the Open University.
When should I apply for my loan?
As soon as possible. You don’t need to wait for your university place to be confirmed before you apply.
Is there any other financial help available to meet my needs?
If you are disabled you can apply for additional support through the Disabled Students Allowances. You will not need to provide proof of income. The DSA can fund extra equipment, personal assistance or support with travel to help you study. Give the student finance a call on the number provided.
When will I start paying my loan back?
You’ll need to pay back your tuition fee loan and maintenance loan once you earn more than £21000 a year. If your income falls below this amount your repayments will stop.
How will repayments be made?
If you’re employed your repayments will come straight out of your pay packet. Your employer will work out the amount.
How can I apply for a bursary?
Some universities and colleges offer extra financial help through bursaries or scholarships. Unlike loans, these don’t need to be repaid.
I’m doing an apprenticeship instead of going to university.
Can I get a loan?
Students over 24 on apprenticeship programmes may be able to apply for a 24+ Advanced Learning Loan. They don’t depend on your income and there are no credit checks, so call the student finance helpline now and see how easy it is.