Paying for University through Student Loan

Discussion and questions about student financial support arrangements - from government loans and grants to university bursaries. Please use the main Money & Finance forum for more general financial topics.

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  1. Lalarara's Avatar
    • New Member
    • Posts: 7
    Paying for University through Student Loan
    There's so much expense for University, especially for the course and annual accomodation. Can you apply all of these costs to your student loan?? OR do you have to pay things during/up-front.
  2. Shani's Avatar
    • Overlord in Training
    • Location: North Wales
    • Posts: 2,029
    Re: Paying for University through Student Loan
    The tuition fee loan will cover all the tuition fees and is paid directly to the university; you will never "see" that money.

    The maintenance loan, maintenance grant and university bursary are all income assessed. This means the higher your household income, the less you're entitled to.

    The minimum available is £3.5 (ish) up to a maximum of around £9k for studying in London and living away from home.

    You can't request more than your income says you're entitled to, so if it's not enough to cover your accommodation and living fees you will have to find another way of funding it.

    The money you get from student finance can be used on whatever you like, it's up to you to make sure you can "live".
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