5th year medicine Student loan

1

Hi,
I’m going into my 5th year of medicine next year and I’m confused about what loans I’d be eligible to receive.
I know that you don’t get a student finance maintenance loan like you do in other years, however would I be eligible to the nhs non means tested bursary, nhs means tested bursary and the reduced rate student finance maintenance loan all at the same time? I think I read somewhere that if you take the non means tested nhs bursary you cant also take the reduced rate student finance maintenance loan

Reply 1

MedMama

Universities Forum Helper

13

Original post

by rob222

Hi,
I’m going into my 5th year of medicine next year and I’m confused about what loans I’d be eligible to receive.
I know that you don’t get a student finance maintenance loan like you do in other years, however would I be eligible to the nhs non means tested bursary, nhs means tested bursary and the reduced rate student finance maintenance loan all at the same time? I think I read somewhere that if you take the non means tested nhs bursary you cant also take the reduced rate student finance maintenance loan

No rush but please @KA_P do you know the answer to this
Thanks in advance and might not see answer today 😊

Reply 2

KA_P

Volunteer Section Leader, Clearing and Applications Advisor

20

Original post

by rob222

Hi,
I’m going into my 5th year of medicine next year and I’m confused about what loans I’d be eligible to receive.
I know that you don’t get a student finance maintenance loan like you do in other years, however would I be eligible to the nhs non means tested bursary, nhs means tested bursary and the reduced rate student finance maintenance loan all at the same time? I think I read somewhere that if you take the non means tested nhs bursary you cant also take the reduced rate student finance maintenance loan

Do you use Student Finance England? Is this your first degree? I really recommend starting a thread here at 'Ask Student Finance': https://www.thestudentroom.co.uk/newthread.php?do=newthread&f=910

Websites to be looking at:
https://www.savethestudent.org/student-finance/nhs-bursaries.html
https://www.nhsbsa.nhs.uk/sites/default/files/2024-11/NHS%20Bursary%20Funding%20for%20Medical%20and%20Dental%20Students%202024-25%20%28V9%29%2011.2024%20%28accessible%29.pdf
https://www.gov.uk/government/publications/student-finance-how-youre-assessed-and-paid/student-finance-how-youre-assessed-and-paid-2022-to-2023

This is taken from the third link:
"4.2 NHS bursaries

If you’re eligible to apply for NHS bursaries that depend on your household income, and you meet the student finance eligibility requirements, you can apply for a reduced rate Maintenance Loan that doesn’t depend on your household income. If you’re eligible to apply for NHS bursaries that don’t depend on household income you can’t apply for student finance from us. You can get more information about NHS bursaries by visiting www.nhsbsa.nhs.uk/students or calling 0300 330 1345."

https://www.thecompleteuniversityguide.co.uk/student-advice/finance/nhs-bursary#MedicalordentaldegreefundinginEngland

Original post

by MedMama

No rush but please @KA_P do you know the answer to this
Thanks in advance and might not see answer today 😊

PRSOM

Reply 3

HopefulHarry

10

Original post

by KA_P

Do you use Student Finance England? Is this your first degree? I really recommend starting a thread here at 'Ask Student Finance': https://www.thestudentroom.co.uk/newthread.php?do=newthread&f=910
Websites to be looking at:
https://www.savethestudent.org/student-finance/nhs-bursaries.html
https://www.nhsbsa.nhs.uk/sites/default/files/2024-11/NHS%20Bursary%20Funding%20for%20Medical%20and%20Dental%20Students%202024-25%20%28V9%29%2011.2024%20%28accessible%29.pdf
https://www.gov.uk/government/publications/student-finance-how-youre-assessed-and-paid/student-finance-how-youre-assessed-and-paid-2022-to-2023
This is taken from the third link:
"4.2 NHS bursaries
If you’re eligible to apply for NHS bursaries that depend on your household income, and you meet the student finance eligibility requirements, you can apply for a reduced rate Maintenance Loan that doesn’t depend on your household income. If you’re eligible to apply for NHS bursaries that don’t depend on household income you can’t apply for student finance from us. You can get more information about NHS bursaries by visiting www.nhsbsa.nhs.uk/students or calling 0300 330 1345."
https://www.thecompleteuniversityguide.co.uk/student-advice/finance/nhs-bursary#MedicalordentaldegreefundinginEngland
PRSOM

Hi, Was there an answer to this ? What do 5th year medics live on ? ( understand nhs covers course fee but no maintenance loan to live on if parental income over 60k ….)
Thks

Reply 4

KA_P

Volunteer Section Leader, Clearing and Applications Advisor

20

Original post

by HopefulHarry

Hi, Was there an answer to this ? What do 5th year medics live on ? ( understand nhs covers course fee but no maintenance loan to live on if parental income over 60k ….)
Thks

This is based on information I received from my university. Your university should be able to help you with this closer to the time.

NHS England:
Tuition fees are paid as a grant and you don't repay this. £1020 non-means tested grant and everyone gets this.

Means tested grant:
Up to £2696 if living away from home or up to £2251 if living at parental home.
Extra weeks allowance is another means-tested grant at £86/week (away from home) and £57/week (parental home).

Other support can include TDAE for placement travel and NHS Hardship Fund.

SFE:
A reduced rate non-means tested maintenance loans of £2753 (away from home) or £2066 (parental home).

Non-English domiciled students are to check Year 5 entitlement from NHS Wales, NI and SAAS.