Government loans and funding 2020/21

Most UK students and eligible EU nationals coming to university for the first time are entitled to Government support for tuition fees and living costs.

You can use the student finance calculator (gov.uk) to estimate your loans.

Tuition Fee Loans - no upfront fees

If you're a first-time UK/EU student, you can apply online for a Tuition Fee Loan (gov.uk) from the Student Loans Company to cover the cost of your tuition fees. Your fees will be paid directly to us.

Maintenance Loans - help with living costs

If your funding body is Student Finance England and you're a full time student you can apply for a Maintenance Loan (gov.uk) to help with living expenses.  

The loan is paid into your bank account in three instalments in October, January and April. Just in case your loan is delayed, make sure you have enough money to last you for the first few weeks of term.

Maximum loan amounts for 2020/21 entry are:

  • £7,747 if you live with your parents
  • £9,203 if you're living away from home outside London.

If you’re an EU national

You may be eligible to apply for help with living costs. You’ll need to have lived in the UK for more than five years before the first day of the first academic year of your course.

Find out more about getting help with living costs if you're an EU student (gov.uk)

Extra help

In addition to the maintenance loan you may qualify for extra help (gov.uk) if any of the following apply to you:

  • You have children or dependent adults
  • You have a disability
  • You're a medical or social work student.

Study abroad and placements

If you go on a study year abroad or a year in industry you can still apply for a Tuition Fee Loan to cover the reduced fee for that year. You can also apply for a reduced rate Maintenance Loan.

For a study year abroad you may also be able to apply for help with travel costs.

Nursing and midwifery students

If you're a nursing or midwifery student, the NHS Learning Support Fund (nhs.uk) provides extra help with the cost of travel to placements and the cost of child care. 

Applying

Applications for Government loans will open in February/March 2020.

Your parents or partner provide details of their income either online or on paper.

We recommend you apply early, as the assessment of household income can take some time to complete. You don't need a confirmed place at university or your exam results to apply for funding.

You'll need to re-apply for the loans each year of study.

Repayments

Your Tuition Fee Loan and Maintenance Loan are added together to make one borrowed amount.

You don't start paying it back (gov.uk) until you've left university and you're earning over £26,575 per year.

You pay back 9% of everything you earn above the £26,575 threshold. For example:

  • A person with an income of £27,000 will pay £3.18 per month
  • A person with a salary of £40,000 will pay £100.68 per month.

If you haven't repaid the loan 30 years after you have left university, then any remaining debt will be written off.

If you're from Northern Ireland, Scotland, Wales, Jersey, Guernsey or the Isle of Man

The loan rates and repayment processes are different if you're a student from Scotland, Wales, Northern Ireland, Channel Islands (Jersey, Guernsey) and the Isle of Man. Contact the relevant education authority for more information.

Cost of living in York

Plan your budget using our living costs guide.