Studying at Sheffield –

Information for Parents

•Finance•Graduate Prospects•Pastoral Care•Accommodation

Finance

2 main costs:

• Tuition fees

£9000 pa

NOTHING PAYABLE UPFRONT

• Living expenses

Variable!

How much will it cost?

Government - National Support• Tuition Fee Loan

£9000

• Living Cost Loan £5740

( £4565 living at home) only 25% mean tested

• Living Cost Grants £3387 if income <£25k, £0 >£42k

• Other grants e.g. for childcare

• Apply NOW!!

Loans repayable after graduation and when earningover £21,000 per year.https://www.gov.uk/apply-online-for-student-finance

21/04/23 © The University of Sheffield / Department of Marketing and Communications

Student Loans – How They Work

•Interest is linked with inflation (between zero and 3%).•The Government will write off any unpaid balance after 30 years.•Loans do not affect your credit rating.•Early repayments do not incur a penalty.

£0£30

£68

£143

Loan Repayment Terms

£0

£20

£40

£60

£80

£100

£120

£140

£160

£20,000 £25,000 £30,000 £40,000

Yearly income

Month

ly R

epaym

ent

You start repaying your Student Loan(s):

•The April after you have finished your course.

•Once you are earning over £21,000 per year.

•Repayments are taken directly from your wages (like Income Tax)

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• We offer university bursaries according to income, home postcode and A level grades, care leavers/care responsibilities

• Income will be as assessed by Student Finance UK.• No need to apply. We will write to you at the end of September • Remember to share data with the University, and not to use

college/school email address!

Help from the University

https://www.sheffield.ac.uk/undergraduate/finance/fees/2015/sheffield-bursary

Estimating your entitlement

21/04/23 © The University of Sheffield

https://www.shef.ac.uk/undergraduate/finance/help/student-funding-calculator

University Scholarships• University level• Elite Sports scholarship – for those who compete at

National Level

• Global Scholars (A*AA+ students considered for international summer school funding)

• Faculty/Departmental level• Merit scholarships for AAA+ students

• £2000 on entry, additional £1000 at start of year 2 if marks of 70%+ achieved overall in first year

Other Support

• Industry-funded scholarships

• Access to Learning funds for emergencies and particular circumstances.

• Volunteering/Work Experience grant….

http://www.sheffield.ac.uk/ssid/finance/money

Other sources of income:

Part time work

Local Sponsorship

Parents!

How much money will you need?

Depends on

Where you live (accommodation typically £4k-£4.5K per year)

Lifestyle choices

Help with Budgeting

21/04/23 © The University of Sheffield

www.shef.ac.uk/moneytools

Useful webpages....http://ask.sheffield.ac.uk/

http://www.sheffield.ac.uk/parentshttp://www.moneysavingexpert.com/students/

http://www.sheffield.ac.uk/undergraduate/finance/fees/2015

Graduate Prospects

The Good News- Graduate employment

http://www.ons.gov.uk/ons/dcp171776_337841.pdfFull report - Graduates in the UK labour market 2013, ONS

The Good News- Graduate salaries

http://www.ons.gov.uk/ons/dcp171776_337841.pdfFull report - Graduates in the UK labour market 2013, ONS

•Graduates earn significantly more than non graduates (several £100k more over a working lifetime)

The Good News- Graduate salaries

•Median gross annual wage by graduation subject•Average for Computer Science/ Mathematics ~£32k

http://www.ons.gov.uk/ons/dcp171776_337841.pdfFull report - Graduates in the UK labour market 2013, ONS

The Good News•97% of our 2013 graduates were in work or further study last year 1.

•This compares to national average figures of 62% for Comp Sci/IT graduates 2

1 University of Sheffield Careers Office Statistics 2 http://www.hecsu.ac.uk/assets/assets/documents/wdgd_maths_IT_2014.pdf- linked from prospects.ac.uk

The Good News

• All those in work have graduate level jobs

•The mean starting salary for was £27.7k. Median = £26.5k.

•This is the highest mean salary in the Engineering faculty!

University of Sheffield Careers Office Statistics 2014

Employers of our graduates

Include....Accenture, App Business, Amazon, Aware Monitoring, BAE Systems, Bank

of America, BBC, BJSS, BP, BT, Building Blocks, Certus Technologies, CORE Data Systems, CSE Healthcare Systems, Curtus Technology, epiGenesys, European Bioinformatics Institute, Experion, FDM Group, Fidessa, Foreign Office, Fujitsu, Games Workshop, GCHQ, GNT Information Systems, Google, Greenhead College, Hewlett Packard, HSBC, IBM, Inspec Solutions, Jigsaw, Lightwork Design, MBDA, MCubed Software, Network Rail, Orbis Technology, Plusnet, Procter & Gamble, Quba New Media, Red Hat, SDM Group, Self employed, Sheffield University, Terracoding, The Dextrous Web, Thin Martian, Xbite, Yoomee, Zedcore Systems, Zoo Digital

Pastoral care

How we support our students• Tutorial groups of 5-6 students meet fortnightly during first semester

• Try to maintain same tutor throughout degree

• At university level –SSID and Counselling Service

• We CANNOT discuss students with their parents, unless the students give their permission!

Mentoring scheme

• We have a very active Computer Science Society, which is run entirely by students. They run tech talks, coding competitions, 5 a side football – and much more

• They have their own mentoring scheme, where first years are paired with a second or third year student for help and support

http://www.shefcompsoc.co.uk/society

Accommodation

• Catered University Accommodation

• Self catered flats/houses

• Privately rented housing

• Living with parents

Types of accommodation

•Inclusive of rent and all bills (University owned only) •Additional food charge of ~£44 per week on eatwithus card) -mandatory in some Endcliffe properties•Shared kitchenette and possibly bathroom (others ensuite)•Bars, TV rooms, computer rooms,

games rooms, laundry, sports teams etc •Standard contract length 42 wks (catering for 31 weeks only)

Catered University Accommodation

• Sheffield rent average £60 pw

• Typically after first year • Share with friends • ACS Registration

scheme – all properties inspected

• Most properties in safe areas close to the University

Private Housing

• Cheaper • Familiar environment• Domestic support

But • A lot of social activity based around

accommodation• May need to make more effort to make

new friends

Living with Family

Finally…….• Further information about finance, accommodation

and much more can be found on the University of Sheffield website

http://www.sheffield.ac.uk/ or http://ask.sheffield.ac.uk/

• Information specifically for parents is available on:

http://www.shef.ac.uk/parents/