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Placement Year Financing watch

    • Thread Starter

    I start a funded placement next year (not sure exactly how much funding I'll get) and was wondering if anyone knew how much maintainance grant I would be entitled to? Or could point me in the right direction of finding out. I've been getting the full grant from the student loans company so far. I know that placement year will be half the tuition fee and wondered if this would affect the amount of finance I'm entitled to.

    I'd be grateful for any help!

    Your not entitled to any means tested support on a paid placement year, no matter what your income - so no maintenance grant. They will give you a loan for the tuition fees your uni are charging and a maintenance loan of around £2500.

    I'm on my placement year at the moment. I'd normally get the minimum maintenance loan (no grants etc) and I get around £2200 loan this year which is about half to two thirds what I would normally get.
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