Finance

All universities and colleges charge tuition fees.

Usually fees to study higher education qualifications at a college are lower than at a university.

Your child may be eligible for the government’s tuition fee loan and the maintenance loan. Neither of these loans have to be paid back immediately. Only when your child starts earning above the threshold of £21,000 do they start to pay back. Universities and colleges may be able to give additional grants and bursaries to individual students.

Check their websites for information and who to contact to find out more. Care leavers and those with caring responsibilities may be eligible for special bursaries.

Individual universities and colleges offer bursaries and scholarships which are worth checking out once your child is looking at choosing an institution to study at.

Don’t let finance put you off supporting your child to go to university or college. Have a look at the Student Finance video ‘Student Finance Explained for a good overview of how it works. Brightside Knowledge is a guide with extensive advice on careers, education and student life and has a section on student finance.

The UCAS website also has in depth information on student finance and a video for parents. Read up about what the university or college your child is interested in can offer on their website or try the student finance section of Which University.

The Complete University Guide gives information on a range of topics from finance and fees to choosing a university or course. You can also use the ‘ask a question’ area to ask your own particular questions to the experts online and there is a section specifically for parents (in the ‘Preparing to Go’ section).

Go to the Resources page for more useful websites to look at and check the information provided by Our HE Partners.