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STUDENT FINANCE ENGLAND
In the UK, students have access to various finance options to support their education. Student Finance England offers loans for tuition fees and living, which need to be repaid after graduation, based on income. Additionally, there are grants and scholarships available for eligible students, including those from low-income backgrounds. It's essential to explore all options to ensure you have the necessary financial support throughout your studies.
Who are eligibility for Student Finance
People eligible to apply for Student Finance
1.Settlement Status in the Uk
2.Pree-Settle Status in the Uk need to work part time or full time
3.Ukraine Refugees in the Uk
4.Indefinite Leave to Remain in the Uk
5. UK Nationals:
You must be a UK national, Irish citizen, or have settled status (no restrictions on how long you can stay).
6.EU Students:
EU students may be eligible for tuition fee loans, but not maintenance loans.
7.Residency:
You must have lived in the UK, British overseas territories, the Channel Islands, or the Isle of Man for three years before your course starts (apart from temporary absences
Extra Help:
Students with disabilities, long-term health conditions, or those from low-income backgrounds may be eligible for extra financial support.
When you start repaying
You’ll only repay your student loan when your income is over the threshold amount for your repayment plan, unless you’ve been overpaid.
Your income is the amount you earn (including things like bonuses and overtime) before tax and other deductions.
The threshold amounts change on 6 April every year.
The earliest you’ll start repaying is:
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the April after you leave your course
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the April 4 years after the course started if you’re studying part-time and your course is longer than 4 years
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April 2026 if you’re on Plan 5
Your repayments automatically stop if either:
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you stop working
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your income goes below the threshold
You’ll make a repayment if your income goes over the weekly or monthly threshold for your plan (for example, if you’re paid a bonus or overtime). You can ask for a refund at the end of the tax year if your annual income was less than the yearly threshold for your plan.