How Many Years Do The Student Loans Company Fund You?

A four year long degree with a year in industry is only a three-year long degree, as you do not pay tuition fees for your year out. If you have never spent any time at university before, and are eligible for funding, it should be funded.



No, the Student Loans NEVER pay for Masters degrees. They fund undergraduate degrees only. You pay for the masters yourself.

Hi annkaytk,

This all depends on what funding you received from the SLC in the first degree.

I'm guessing that for the first year, you took both the tuition fees loan and the maintenance loan (the loan that is paid directly to you).

It also seems you took the maintenance loan in the second year as well. However, as you left during the first term of this second year, do you know if you took a tuition fee loan for this year as well? I know that SFE won’t pay the tuition fee loan now if a student leaves before December (meaning the student has to pick up the bill), but you would have been assessed by your Local Authority. Sometimes LEAs were a bit more forgiving, so they may have paid the fee loan for you.

Essentially, your new three year course has 3 years + 1 additional year of funding available (so 4 years in total). As you have taken 2 maintenance loans, the regulations state that your previous funding is deducted from total number of years of funding available on your new course (so 4 years - 2 years of maintenance loans = 2 maintenance loans left) This funding will then come in years 2 & 3.

However if you have only taken one tuition fee loan in your previous degree, you may still have 3 years left of this, so potentially enough to pay for the whole degree. However if you have taken 2 years of tuition fee loan then you would only be eligible for the final two years.

It’s best to speak to the SLC to confirm what you funding you have taken and what their position is before you start the course though.

Hope that helps!

Sfdoctor

Hi Taiko,

Would regulation 20(7) allow for the payment of fees in the first year of the new course, if there were compelling personal reasons behind annkaytk's decision to leave the previous course?

BAMP

If I complete a 2 year course and graduate. Then want to do a 4 year degree course, will they fund me for the next four years?

I'm not 100% sure, so you might need clarification, but given that their calculation for entitlement is "number of years you want to study" + 1 year - any years previously studied, the simple answer to your question would be no - you'll need to fund at least the first year yourself.

The other thing that you might have problems with (and this is the bit I'm unsure about) - if you've already gained an undergraduate degree (BA, BEd, BEng, BMBS/BMBCH, BMus, BNurs, BSc, BTh, BVetMed, LLB) then you'll need to pay ELQ (equivelent or lower qualification) fees if you're planning on doing another undergraduate degree. Student finance do not cover this AFAIK as they only provide funding for your first degree.

Probably best to check with them direct to be sure though.

Screenager is right, duration of the new course plus one year less any years of previous study = entitlement.

Sorry to bump this old stuff people.

I know you're the UCAS guy - is the above still the case?

Never worked for UCAS, but that is correct.

Sorry to bump this old stuff people.

I know you're the UCAS guy - is the above still the case?

How does this apply to five year courses ? I checked and it looks like it does. But alot are saying it is a max of 5 years?