Fees and Funding: The Facts
No UK student studying a full-time undergraduate degree for their first degree has to pay upfront fees.
You can 'Study First and Pay Later' with a Tuition Fee Loan
Eligible Home and EU full-time undergraduate and PGCE students can apply for a Tuition Fee loan to cover the cost of their fees. This loan is not means tested or dependent on your financial circumstances. You can borrow any amount up to the total tuition fee being charged for your course. This means, for example, that if you have savings, you could choose to 'part-pay and part-borrow'. If you decide to take the loan, it will be paid directly to LJMU on your behalf. From 2012, part-time students will be able to apply for a tuition fee loan for the first time.
You can pay for your living costs with a Maintenance Loan
All eligible students are entitled to a Maintenance Loan, which has to be repaid. The Maintenance Loan is available to full-time, home (UK) students who don't already have a degree and who are under the age of 60 on 1 September the year they start their course. Maintenance loans are used by students to cover their living costs such as rent, mortgage, food and travel. The repayment terms are the same as tuition fee loans.
28% of these loans are means tested, so the amount you receive will depend on your household income.
Part-time students are not eligible for this loan.
Paying back your student loans
You will have to start paying back both your tuition fee and maintenance loans the April after you finish university and start earning £15,000 or more. This threshold will increase to £21,000 for students who join LJMU in 2012.
Support for students from lower income households: Maintenance Grant
The maintenance grant is available to eligible full-time home (UK) undergraduates. How much you will be able to apply for depends on your assessed household income. You don't have to pay this money back and these grants are paid on top of any loans that you are eligible to receive. Part-time students are not eligible for this grant.
Free expert and confidential advice
LJMU's Student Advice team are experts in all matters relating to finance and funding and can offer you help and advice that is relevant to you and where you are in your studies. Simply email: email@example.com, or call 0151 904 6056/6057.