An introduction to Student Support
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An introduction to Student Financial Support Student Support is the name for the mains means of finance for students whose main home is in the UK. In this section a ‘home student’ is a person whose normal home is in the UK, and there are no immigration restrictions on their stay in the UK. Also the student will have had to be ordinarily resident in the UK for the three years prior to starting the course. You should check the eligibility section if you are unsure if you qualify for Student Support. This support consists of various loans and grants, the initial application is made to the Local Authority or Council where you normally live. Applications should be made before you arrive at university. The main components of student support are: Tuition Fees Loan All undergraduate students can apply for this element. In the 2008-09 academic year the amount is £2,835 and it is paid direct to UCL. The UCL tuition fees are £3,145, as this is higher than the fees loan, UCL is required to offer a minimum bursary of £310 to each student who receives the maximum maintenance grant. Those students who do receive a maintenance grant will receive a UCL bursary larger than the minimum. Student Loan A loan of up to £6,475 is available to home undergraduate students, only £3,580 if you live with your parents. One quarter of the maximum loan depends upon your (or your parents) income. The calculator on the Student Finance Direct website will help you calculate the amount of loan you can receive. Maintenance Grant Most home undergraduate students can apply for this grant. If your household income is less that £25,000 you will receive the maximum grant of £2,835. If your household income is more than £25,000 but less than £60,005, you will receive some, but not all, of the maintenance grant. If your household income is more than £60,006 you will not receive any maintenance grant. Special Support Grant If you are not eligible for a maintenance grant, but do receive Income Support or another means tested welfare benefit, you may be eligible for the Special Support Grant. For full details of Student Support please refer to the www.studentfinancedirect.co.uk website
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