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American Education

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However, not everyone has to pay tuition fees. If your parents' combined earnings are under a certain threshold they will not have to pay. From the threshold upward, the contributions operate on a sliding scale.

Although, regardless of their earnings, the maximum any family has to pay amounts to around a quarter of the entire cost of the course each year. This is estimated to be around £4,000 and the Government will still pick up the bill for the remaining amount.

As soon as you are accepted into a course you should apply to your Local Education Authority (LEA) to find out what sort of financial help you can obtain.

Thinking of taking out a loan to fund your course? Most students will need to take out one or more student loans to cover their day-to-day living. These are unsecured loans with an especially low interest rate that reflects the rate of inflation meaning you only pay back the exact amount you borrowed.

If you are going to take out a loan you should contact your LEA at the same time you apply for support towards tuition fees. Your LEA will assess the amount of loan you are entitled to and invite you to request how much you want to apply for. You must then tell the Student Loans Company (SLC) of the amount agreed and it will pay the money into your account on the first day of term. Note also that you are eligible for more funds if you are studying in London.

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