Hey there! Sign in to join this conversationNew here? Join for free
    • Thread Starter
    Offline

    1
    ReputationRep:
    How would you explain the following each,

    - student grant
    - student loan
    - student bursary

    No spam please.
    Offline

    13
    ReputationRep:
    A loada ********.
    Offline

    8
    ReputationRep:
    (Original post by WildStriker)
    How would you explain the following each,

    - student grant
    - student loan
    - student bursary

    No spam please.
    Grant - amount of money given to a student for living costs, which does not have to be repaid after graduation. Amount payable depends upon household income. From the government via a Student Finance income-assessed application.
    Student loan - two types: tution fee loan which pays tuition fees direct to university: and maintenance loan which is to live on. Both have to be paid back after graduation when you get a job.
    Bursary - an amount paid by a university to students who qualify, either because they come form a low-income family or because they fulfill certain residential criteria. Bursaries vary in amount and are non-repayable. If you get a grant you usually get a bursary too.
    Offline

    3
    ReputationRep:
    Why?
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Would you like to hibernate through the winter months?
    Useful resources
    How much money do you spend a week?The ultimate guide to tax!Guide to student bank accounts

    Sponsored features:

    Web Legend

    Win a Macbook Air!

    Blog about setting up a website for a chance to win in our Web Legend competition.

    Quick link:

    Unanswered money and finance threads

    Groups associated with this forum:

    View associated groups
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.