Tuition Fees

billy187_2

Right guys was looking for some info on tuition fees, im 18 and gonna be starting uni in septemper this year in manchester and applied for finance through the new online system(student finance direct). Got the sheet back stating what i would be given and signed it and sent it back last week and its been approved. But after having a chat with a few mates been wondering, should i have to pay the tuition fees (3145) eventhough my parents dont work anymore? is there no grant in place for this as im sure there is? the letter i got suggested that i would have to directly pay the fees myself? or is it not like that any more? any infos really appreciated guys

thanx
billy

Helix

There is no grant for tuition fees anymore, even if your on a low income. You can get a loan for Tuition Fees anyone can get this no matter what their income is.

The only grant there is, is for maintenance (living costs) along with the maintenance loan.

billy187_2

oh right so theres no help given with tuition fees anymore? how do most people deal with this then? im guessing people use the maintenance grant for tuition fees then if they dont want to take the tuition fee loan out? are tuition fees paid all together or in installments? so i could pay them with each installment of the grant?

thanx

Masomnia

Tuition fees are paid directly to the university by the Student Loans Company, so you don't see the money.

You pay it back when you're earning, I think it's 9% of everything over £15,000 is paid back to the SLC currently. So if you earn £16,000, you pay £90 back that year.

CLAPTON

You need to review exactly what you asked for on the loan application... you need to actually ask for the tuition fees loan and maintenance grant/loans otherwise you wont get it.
As alrady said, if you do ask for the tuition loan , it gets paid direct to the Uni.

bestpud

billy187 wrote: »

oh right so theres no help given with tuition fees anymore? how do most people deal with this then? im guessing people use the maintenance grant for tuition fees then if they dont want to take the tuition fee loan out? are tuition fees paid all together or in installments? so i could pay them with each installment of the grant?

thanx

As clapton said, you need to clarify what you actually applied for.

But yes, if people were entitled to the grant, and did not want the tuition fee loan, I guess they could pay their fees with the grant. I'm not sure why they would want to though, unless they had sufficient funds, or work, to fund their living costs and wanted to avoid taking the loan.

The maintenance grant is intended to help with living costs though and is provided to lower income families as they are less likely to receive financial support from their parents. If you use it to pay your tuition fees, you will need to find another way of paying your rent etc.

Oldernotwiser

Without any help from your parents, you'll have difficulty living on just the maintenance loan if you use the grant to pay your fees(yes, I know he can work!). I'd use the system in the way in which it's intended.

billy187_2

im staying at home for uni in manchester so wont be going away, which means no rent and also i have a part time job which pays quite good. So i wont have many costs other than just what il need for university. The letter i got showed that i would get the full maintenance grant (£2800) and i applied for a maintenance loan aswell which they calculated up and came up with £2400. I didnt apply for the tuition fee loan as i didnt think id need it.....im guessing il be allright then paying the tuition fees with the grant? do you have to pay the fees staight up at the start or are they paid in installments? (when paying yourself) as the grant is paid in installments isnt it?

thanx for the help so far, its really appreciated

billy

Helix

billy187 wrote: »

im staying at home for uni in manchester so wont be going away, which means no rent and also i have a part time job which pays quite good. So i wont have many costs other than just what il need for university. The letter i got showed that i would get the full maintenance grant (£2800) and i applied for a maintenance loan aswell which they calculated up and came up with £2400. I didnt apply for the tuition fee loan as i didnt think id need it.....im guessing il be allright then paying the tuition fees with the grant? do you have to pay the fees staight up at the start or are they paid in installments? (when paying yourself) as the grant is paid in installments isnt it?

thanx for the help so far, its really appreciated

billy

That's a problem you might have, you will need to ask your university how fees are paid, as it is different at each university.

I know at my university they are in two instalments (if you pay the fees yourself, the second of which needed to be paid in February. So as the maintenance grant is in 3 instalments the last of which you get it April you would have a problem unless you had some other money you could use to pay the fees with until all the instalments had come through.

Oldernotwiser

billy187 wrote: »

im staying at home for uni in manchester so wont be going away, which means no rent and also i have a part time job which pays quite good. So i wont have many costs other than just what il need for university. The letter i got showed that i would get the full maintenance grant (£2800) and i applied for a maintenance loan aswell which they calculated up and came up with £2400. I didnt apply for the tuition fee loan as i didnt think id need it.....im guessing il be allright then paying the tuition fees with the grant? do you have to pay the fees staight up at the start or are they paid in installments? (when paying yourself) as the grant is paid in installments isnt it?

thanx for the help so far, its really appreciated

billy

If you're living at home with parents who aren't working I sincerely hope that you'll be paying your way rather than cadging off them for 3 years!

cardiffforthefacup

If you pay tuition fees yourself you will probably need a bank account as they usually insist on direct debit payments and won't let you register on your course without this requirement. Are you aware that there is also a bursary now available, depending on the uni, it is approximately £800.:D