How much is university going to cost
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Transcript of How much is university going to cost
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How Much is it Going to Cost?
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Be clear how HE finance works• No up front fees!
• Fees are up to £9,000 with the average in 2012-13 being £8,414
• What you pay back depends on what you earn and only if you earn more than 21k after graduating
• 30-40% won’t pay back full amount and debt wiped after 30 years
• Plenty of bursaries to support students on lower incomes
• Independent advice about finance at: http://www.moneysavingexpert.com/students/student-loans-tuition-fees-changes#17
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Re-assuring video by Martin Lewis at: http://www.studentfinance2012.com/resou
rces
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More information at: http://www.studentfinance2012.com/
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Financial Support is Available?
• Bursaries range from £100 to £9,000 for a single academic year
• All institutions charging more than the basic tuition fee are obliged to offer National Scholarship Programme (NSP) awards of at least £3,000 to first-year students with a household income of £25,000
• Universities and colleges invest a total of £442.2 million in financial support (bursaries, scholarships, fee waivers, accommodation discounts etc).
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Will Having a Degree Make a Difference to my Future Earnings?
Added lifetime earnings by degree compared to 2 or more A levels