Professional Documents
Culture Documents
2017/ 18
EVERYTHING YOU NEED TO KNOW
TuItIon fees TuItIon fee loans
We have two fee levels - 7,965 per year for with the University investing 17.8m on access to WHAT IS A TUITION FEE LOAN? HOW DO I PAY IT BACK?
The Tuition Fee Loan covers the full cost of your tuition fees. You pay on a varying scale (see the back cover for details).
Foundation Degrees and 9,250 per year for 3 or 4 Higher Education, student success and progression
year Undergraduate Degrees and Top-Up Degrees, initiatives. HOW MUCH CAN I BORROW? PART-TIME STUDENTS
which reflect the cost and the type of course being Up to the full cost of your course fee. We anticipate our part-time fees for the academic year 2017/18
130m has been invested in our three campuses, will be 4,880 for 120 credits (813.33 per 20 credits). Its
studied. WHOS ELIGIBLE?
with some of the best facilities in the UK. Fee All full-time students from the UK and EU. Part-time students
always best to check our website www.sunderland.ac.uk for
The money we receive from fees will go towards money will be invested in making sure you leave the most up-to-date information.
can get loans, but terms are slightly different (see part-time
ensuring the student experience at Sunderland Sunderland with the best possible prospects. students). Youll be able get a tuition fee loan too as long as youre
continues to be one of the best in the country, studying at a minimum of 25% the rate of a full-time student.
HOW DO I APPLY?
For example, if the course takes three years to complete
You dont have to wait until youve been offered a place.
full-time and youre taking it over six years, you qualify.
You can apply from February 2017. Please go to:
Repayment terms are a little different for part-time students.
NO UPFRONT
You dont have to pay anything until youre earning over 21,000 per year. www.gov.uk/student-finance
If youre earning over 21,000 per year, four years after starting
Monthly instalment examples can be found on the back page.
WHO AM I BORROWING FROM? your course, you start repaying the loan whether your course
has finished or not. The other terms stay the same. Part-time
PAYMENT
PLEASE NOTE: Students who have previously studied in Higher Education The Government the Student Loans Company (SLC).
may be ineligible for a tuition fee loan. For further advice and guidance please students wont qualify for living cost loans or the majority of
HOW IS IT PAID? University scholarships.
contact the Student Financial Advice Team by phone or email below:
The Government (SLC) pays the money directly to the University.
0191 515 2933 / studentfinancialadvice@sunderland.ac.uk
DO I HAVE TO REAPPLY EACH YEAR?
Yes.
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LIvIng cost loans the facts about Fees
DO I PAY BACK MY TUITION AND LIVING COST CAN I PAY MY FEES UPFRONT?
WHAT IS A MAINTENANCE LOAN? HOW DO I APPLY?
LOANS SEPARATELY? Yes, you have the option to pay all or part of your fees upfront.
The Maintenance Loan is there to help cover living costs, such Go to www.gov.uk/student-finance
No, theyre added together so you make one monthly payment. If you only pay part of your fees upfront, you can take out a
as rent or food whilst you study at university.
WHO AM I BORROWING FROM? loan for the rest.
HOW DO I PAY IT?
HOW MUCH CAN I GET? The Government the Student Loans Company (SLC).
The payment is taken from your salary automatically so you CAN I PAY IT OFF EARLY?
Repayable loans: up to 11,002 a year.
HOW IS IT PAID? dont have to do anything. If youre self-employed, youll pay Yes, there is no charge for settling your loan early.
WHOS ELIGIBLE? Straight into your bank account. through HM Revenue and Customs.
WHAT IF I LOSE MY JOB OR TAKE A CAREER BREAK?
All full-time students from the UK. The figures in the table
DO I HAVE TO REAPPLY EACH YEAR? DO MY FEES INCREASE FOR EACH YEAR OF MY If your salary falls below 21,000, your payments stop.
are based on what an English student might get. Awards for
Yes. COURSE? Payments dont start again until youre earning over 21,000.
students from Scotland, Wales and Northern Ireland may
Your fees may increase by a small amount each year in line with This applies even if you decide to take a pay cut voluntarily.
differ slightly. HOW DO I PAY IT BACK?
inflation, but the Government has yet to make that decision.
You pay nothing until youre earning over 21,000 per year.
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PayIng back your fees
Your monthly payments are based on 9% of whatever you earn above 21,000. Your payments are based on
what you earn, not what you owe. After 30 years, anything you havent paid back doesnt need to be repaid.
These payments dont come out of your bank account, theyre deducted from your salary automatically in the
same way as income tax.
WHEN TO APPLY
You can apply for a loan from BELOW ARE EXAMPLES OF WHAT YOU COULD PAY
February 2017, whilst youre
Your salary is You pay back 9% of Your monthly payment is
waiting to be offered a course
place. To apply, choose a website 25,000 4,000 30.00
depending on your location:
30,000 9,000 67.50
England and other
EU countries 35,000 14,000 105.00
www.gov.uk/student-finance
40,000 19,000 142.00
Wales
www.studentfinancewales.co.uk 45,000 24,000 180.00
Northern Ireland
50,000 29,000 217.50
www.studentfinanceni.co.uk
Scotland 55,000 34,000 255.00
www.saas.gov.uk
60,000 39,000 292.50
GET IN TOUCH
To learn more about the support available at the University of Sunderland you can visit our website,
call or send us an email:
www.sunderland.ac.uk/scholarships
www.facebook.com/SunderlandUniversityScholarships
0191 515 2865
@
scholarships@sunderland.ac.uk
Everything in this booklet is accurate at the time of going to print, but there are some things
WWW.SUNDERLAND.AC.UK
we dont know yet. For example, there may be some last minute changes to the terms of
Government loans that might not be published until after this brochure is printed. NOV 2016 - V2