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Student finance watch

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    I'm currently studying a foundation degree which is two years, I have received both a maintenance loan and tuition fee loan for this.
    Next year I plan to study an honours degree but they won't take second year entrance, I'm aware I will have to self fun 1 year as I will have used my 4 years funding, however in my self funded tuition fee year will I still be able to receive a maintenance loan?
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    If you complete your 2 year Foundation Degree and wish to top up to an Honours degree, your student finance is worked out on a calculation - Ordinary Duration of course + gift year - any prev years of study.

    If you are going into year 1 of a 3 year Degree course your calculation will be (3+1)-2=2 so you will receive two years of FULL funding for your 2nd and 3rd years of the course.

    You will have to self fund your fees for the 1st year - you will however be entitled to Maintenance Loan (which can be means tested).

    Hope that helps!
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    (Original post by Spudalump)
    If you complete your 2 year Foundation Degree and wish to top up to an Honours degree, your student finance is worked out on a calculation - Ordinary Duration of course + gift year - any prev years of study.

    If you are going into year 1 of a 3 year Degree course your calculation will be (3+1)-2=2 so you will receive two years of FULL funding for your 2nd and 3rd years of the course.

    You will have to self fund your fees for the 1st year - you will however be entitled to Maintenance Loan (which can be means tested).

    Hope that helps!
    The OP is also affected by the ELQ rules.
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    (Original post by OU Student)
    The OP is also affected by the ELQ rules.
    I know I am a student finance assessor.

    In this particular case - foundation degree to hons degree (or even ordinary degree) is a top up so no ELQ
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    (Original post by Spudalump)
    I know I am a student finance assessor.

    In this particular case - foundation degree to hons degree (or even ordinary degree) is a top up so no ELQ
    Sorry to jump on someone else's query but I am currently on a foundation year (course name extended engineering (4 years)) ad I get the maximum grant. Am I still eligible for a grant next year when I start the first year of engineering (I am on year zero right now) or will I be on the new system with the maximum loan of £8200?
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    The new loan system hasn't been rolled out to us yet so I cannot answer that question I am afraid.

    The only change is there won't be any Maintenance Grants just a Maintenance Loan. The first part of it isn't based on your household income, but you can apply for more that is.

    Sorry I couldn't be of more help. Hopefully we will find out soon.
 
 
 
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