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Student Finance and NHS Bursary

red_debs
red_debs Posts: 34 Forumite
Part of the Furniture Combo Breaker
Student Finance and NHS Bursary
Hoping for help as I am getting different messages from all sources.
My daughter is hoping to study Occupational Therapy and is applying for Student Finance. Tuition fees are paid for by the NHS as it is a funded course and she also qualifies for the non-means tested grant from the NHS of £1000.
When applying to Student Finance she ticked the box that said that the course is an NHS course. The impact of doing this means that instead of the full amount of non means tested maintenance loan £5330 (London rates) she only qualifies for £3263.
This means that with the £1000 grant it will only total £4263 over £1000 less than full loan amount.
Does this sound right? Any advice would be appreciated.

Comments

  • Topper1900
    Topper1900 Posts: 79 Forumite
    Something similar occurred when my daughter applied for her loan in similar circumstances, not sure why the Bursary effects the loan but I guess it means she eventually has less to pay back. Although given the sums involved I'd get your daughter to call them to double check the figures, which I think my daughter did at the time.
  • unforeseen
    unforeseen Posts: 7,460 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    That is correct. SF will be a flat rate with an NHS bursary based on one of London, outside London or living at home.

    My daughter only qualified for the living at home rate.

    However the £1000 is only the grant not the bursary. She will be assessed for the bursary under roughly the same rules as SF loans I.E. means tested.
  • Because your daughter will be receiving a means tested (income-assessed) bursary from the NHS, the amount that she can receive from Student Finance England (SFE), is less than someone who only received standard (core) funding from SFE and didn't get any other funding.

    Essentially, your daughter will only receive a RRML (Reduced Rate Matience Loan) from SFE, as any other funding will come from the NHS or the University or College. The good news is, that as she will receive less from SFE (than for instance, an Economics) student, she will have less to repay overall, as NHS Bursaries are non-repayable.

    Hope this is of some help.
    Thank you all for helping me make my day by saving money!
  • rtho782
    rtho782 Posts: 1,189 Forumite
    Part of the Furniture 1,000 Posts
    edited 3 May 2016 at 3:39PM
    I thought NHS bursaries and tuition fee funding had been dropped for September 2016?

    EDIT: No it's for September 2017 it's stopped, ignore me!

    My partner studied nursing from September 2012, she's now working. She was classed as an independent student, no parental support.

    She got about £400 a month in bursary, and then a reduced rate maintenance loan that was not means tested.

    As stated here: https://www.gov.uk/nhs-bursaries/what-youll-get

    It's £3,263 in london.
  • Topper1900
    Topper1900 Posts: 79 Forumite
    I'm not sure having to pay back less in the future is really seen as a bonus now to either the student or the parent having to fund the education! It seems an odd system to me that a student supported by an NHS Bursary actually receives a lower grant than a student without any support, surely they should at least get the same overall amount, although I guess they will when NHS funding is removed in 201& at the cost of having to repay the full grant.
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