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Applications for maintenance loans go through the Student Loans Company

Fees and Funding Explained

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Going to university is a life-changing step but it ‘ s important to understand the costs involved and the funding options available before you start. With no fees to pay upfront for eligible UK undergraduates, a university education should be affordable for all. Our Advice Service is here to help you, offering comprehensive information and advice about all aspects of student finance and funding.

Tuition Fees and Loans

At the University of Lincoln, UK student tuition fees for 2022 undergraduate entry are ?9,250 per year full-time or ?77 per credit point for part-time study.* Most students cover the cost of full-time fees by applying for a Tuition Fee Loan. If you apply and meet the eligibility requirements, the Student Loans Company pay this loan directly to the University to cover your tuition fees.

Repayments for your student loan will not begin until you finish your studies and are earning at least ?27,295 a year, ?2,274 a month, or ?524 a week. The amount you repay will depend on how much you earn, regardless of what you borrow. The current rate is nine per cent of income above the relevant threshold.

Whatever you borrow, any outstanding balance of the loan is written off by the Student Loans Company 30 years after the April you were first due to repay (unless you are in arrears).

The fees system and available funding differs for part-time and international students. More information on fees and funding for International students can be found within our International pages.

Bursaries and Scholarships

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For eligible undergraduate students going to university for the first time, some scholarships and bursaries are available to help cover costs. The University of Lincoln offers a variety of merit-based and subject-specific bursaries and scholarships which students can apply for.

Living Costs

It is important to consider your living costs as you will need to cover day-to-day expenses such as food and accommodation while studying at university. Continuar leyendo: “Applications for maintenance loans go through the Student Loans Company” →