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    Hi everyone!

    The third year of my four-year degree programme is a year abroad (compulsory). I understand that there's a special 'study abroad rate', which is higher than the usual maintenance loan. I have applied to study in the US, and I'm panicking a little bit about finance. I usually get about £6,000 in maintenance loans/grants each year (I'm a Welsh student, so I'm dealing with Student Finance Wales). Will Student Finance take into account the enormous change in the exchange rate since the EU referendum? Whereas in the past a student receiving (for example) £6,500 for their study abroad year would have had circa $10,000-11,000, the same amount is now only equivalent to about $7,800, which won't be enough to cover the cost of the year.

    Will this be taken into account by Student Finance, and higher loans awarded? If not, how are students expected to fund their study abroad years (particularly in cases like mine, where it's compulsory)?
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    (Original post by TheWorrier)
    Hi everyone!

    The third year of my four-year degree programme is a year abroad (compulsory). I understand that there's a special 'study abroad rate', which is higher than the usual maintenance loan. I have applied to study in the US, and I'm panicking a little bit about finance. I usually get about £6,000 in maintenance loans/grants each year (I'm a Welsh student, so I'm dealing with Student Finance Wales). Will Student Finance take into account the enormous change in the exchange rate since the EU referendum? Whereas in the past a student receiving (for example) £6,500 for their study abroad year would have had circa $10,000-11,000, the same amount is now only equivalent to about $7,800, which won't be enough to cover the cost of the year.

    Will this be taken into account by Student Finance, and higher loans awarded? If not, how are students expected to fund their study abroad years (particularly in cases like mine, where it's compulsory)?
    no it's not taken into account

    17/18 funding is a little higher though
 
 
 
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