2nd degree with student loan

Ed-1

SeduLOUs wrote: »

Yes, that's my understanding too, but it's a couple of years off yet - it means I could potentially drop my hours to complete my final year without the pressure of a full time job though!

It'll only be for new courses starting 2018/19.

hannahvictorius

This is the first I have heard about the possibility of full time loans for second degree in STEM subjects for 2018/19. Do you have any further info? Would students be able to access maintenance loans too? I appreciate that things are still being ironed out in this regard, but any info would be helpful.

Ed-1

hannahvictorius wrote: »

This is the first I have heard about the possibility of full time loans for second degree in STEM subjects for 2018/19. Do you have any further info? Would students be able to access maintenance loans too? I appreciate that things are still being ironed out in this regard, but any info would be helpful.

In fact, I've just realised it's 2017/18 that it's planned that tuition fee loans will be available for second degrees in STEM subjects. 2018/19 is part-time maintenance loans. Maintenance loans won't be available for second degrees in STEM subjects, just fee loans.

Pages 47 and 126 of the Spending Review and Autumn Statement 2015.

"1.183 Financial support for higher education will be increased substantially to enable people to study for a degree. The government will lift the age cap on new loans to postgraduates from 2016-17 so they are available to all those under 60. Following a sharp decline in part-time students since 2008, the government will introduce new part-time maintenance loans from 2018-19 to support the cost of living while studying. The government expects 150,000 part-time students could benefit each year by the end of the Parliament. For all STEM subjects, tuition loans will be extended to students wishing to do a second degree from 2017-18."

"3.118 Equivalent or Lower Qualification bar – The government will enable people to retrain in Science, Technology, Engineering and Mathematics by removing the restriction on accessing tuition fee loans for a second degree in these subjects from 2017-18."

SeduLOUs

Ed-1 wrote: »

It'll only be for new courses starting 2018/19.

Ah, my dreams of skiving have been shattered! Back to the grind it is then.

I wonder if the second subject loans apply for people who already have STEM subjects, i.e. can I do a physics degree with tuition fee loan straight after I finish my maths degree?

hannahvictorius

I believe it doesn't matter if your first degree was in a STEM subject. At least that's what I was told regrading the Engineering/Comp Sci part-time relaxation when I enquired last year. Although, with a maths degree, is there not a possibility of enrolling on a mathematical physics masters? Or was that just an example?

Either way, good luck to everyone who undertakes a second degree!