If you’re a UK student (or qualify for ‘home’ funding) then you may be eligible to apply for a loan.
The UK Government offers eligible students tuition fee loans and maintenance loans to help pay for tuition fees and contribute towards living costs. If you are eligible and choose to take out a loan to cover the full cost of your tuition fees, you won't have to pay any tuition fees upfront and you don't currently have to start repaying the loan until you have finished your course and are earning over the income threshold.
If you have any previous years of higher education study, or you are repeating a year of study, your funding may be affected by repeat funding rules. Previous years of study include periods of self-funded study, or any study undertaken abroad. If you think that this may apply to you please see the attached guidance on repeat study (.pdf) and compelling personal reasons (CPR) (.pdf).
What you need to know
- You do not need a confirmed place at Essex to apply for Student Finance, check the application deadlines to ensure your Funding is in place in time.
- Tuition fee loans are paid directly to the University at the start of every term once you have registered for your course.
- You can use the student finance calculator to estimate how much Maintenance Loan you’ll get - it will also tell you if you’re eligible for extra grants or allowances.
- Maintenance loans are paid directly into your bank account at the start of each term. Sign into your student finance account to update your bank details and check how much and when you’ll be paid.
- You must remember to reapply for your Tuition fee and Maintenance loans each year.
- You start repaying your loan in the April after you finish your course and only once you are earning over the income threshold.
- Up to date income thresholds and further information on repayments can be found on the Government web pages.
A ‘home fees’ assessment by the University does not guarantee Government funding for fees or living costs. The Student Loans Company will conduct its own eligibility assessment. If you have been assessed as eligible for home fees based on an application to the EU Settlement Scheme, your entitlement to Student Loans Company funding for fees or living costs may be affected in future years if your status changes. Once registered at the University, all students, regardless of funding source and fee status, are liable for their fees. Further information can be found in the University’s Tuition Fees and Liability Policy and on our fee status page.
If you are from Northern Ireland
If you are from Northern Ireland and are thinking of studying with us, you may eligible for funding from Student Finance Northern Ireland. They offer a tuition fee loan to cover your course fees in full and a Maintenance loan for living costs.
If you are from Scotland
If you are from Scotland and are thinking of studying with us, you may eligible for funding from Student Awards Agency Scotland. They offer a tuition fee loan to cover your course fees in full and a Maintenance loan for living costs.
If you are from Wales
If you are from Wales and are thinking of studying with us, you may eligible for funding from Student Finance Wales. They offer a tuition fee loan to cover your course fees in full and a Maintenance loan for living costs.
Should you be getting more money from Student Finance?
If your household income (which is the income of your parent/s if you are aged under 25 and not classed as an independent student) is below £62,311 per year, you may be entitled to a higher maintenance loan from Student Finance England (SFE).
SFE assess applications for maintenance loans based on household income. Therefore, students who do not provide their household income information are awarded only the minimum maintenance loan by SFE, which is currently £4,524 for new students.
By providing your household income information to SFE, your maintenance loan application can be fully assessed and you will be awarded the correct amount of maintenance loan. This is up to £9,706 for new students on standard-length 39 week courses, and up to £12,667 for students studying long courses such as Nursing.
To check how much maintenance loan you might be entitled to, based on your household income, visit the Save The Student webpage for a handy guide.
To provide your household income to SFE, please complete and submit this online form to SFE. SFE will then means-test your application. If you are entitled to a higher maintenance loan, SFE will make arrangements to increase your instalments in line with this.