Hi hypocriticaljap, thanks for your post mate.
I just received the email from my university regarding this doubt and it seems that it is as i thought it was.
I think it is important that this information stays here in case of someone in the same situation needs some help. EU citizens are in fact eligible for grants from what i observed on direct.gov website and from the words of the university staff response :
"...based on the new information relating to your residency in Australia we would advise as follows :
For undergraduate courses starting in September 2011, EU students are entitled to a fee grant only - this is not a loan and does not have to be repaid. This will cover the cost of the part-time tuition fees.
*You will need to complete the part-time EU Tuition Fee Grant application form (EUPTG1). The form and notes (EUPTG1 notes) for 2011/12 will be available to download from August 2011.
" It is important that you make it clear to Student Finance England, and the University, that your absence from the EU was temporary and solely for the purpose of study."
So it seems that i am entitled to apply for a grant, if i will get it or not, i think it's another story.
Once i am not eligible to ask for a loan and in case this grant application is turned down are there any private financial institutions specialized in student loans that work on the same lines as this government student loans ? With conditions such as, we only start paying back once we get a job and achieve a certain level of income ?
Thanks