Student Loan Assessment

Student Loan AssessmentStudent Loan Assessment

Student loan assessment is dependant on a set of circumstances. With course fees now being as much as £3,000 per year, it is becoming increasingly necessary for students to take out a loan and it is important to know what you are entitled to. They are designed to help pay for the costs of university, and all full-time students are eligible to take out a Loan for Tuition Fees for the entire cost of their course fees. There is also a Loan for Maintenance, 75% of which all full-time students are eligible for, but the remainder is means tested, so how much you are entitled to will depend on certain factors, such as:

  • Household income
  • Your own income, including interest from savings but excluding part-time or casual work
  • If you are receiving a Maintenance Grant and if so, how much
  • Whether you are a dependent or independent student
  • Where you study
  • If you have any dependents
  • If you have a disability
  • If you live with parents/spouse/partner, and how much they earn

Get an estimate of how much you might be able to borrow with the loan calculator and apply online

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