7. Financial

Bursary

Money given to a student because of financial need.

International Fees

The amount of money that a student from outside the UK will have to pay for university tuition. This is more than the amount a student from the UK has to pay. From 2021-2022 onward, EU and EEA students won’t qualify for home fee status and will be seen as international students. Asylum seekers in the UK have to pay international fees.

Home Fees

The amount of money that a student living in the UK will have to pay for university tuition. This is much less expensive than  an international student will have to pay. As of 2017, the home fees are £9,250 per academic year. Refugees in the UK count as Home students.

Maintenance Loan

A loan that home students can apply for each year which covers your basic living costs at university and is paid to your own bank account. It is paid in three instalments, and the amount you receive depends on whereabouts you live, whether you will live at home or university and your household income. This is paid back after university with your student loan.

Means Tested

Funding available to people whose financial situation deems them eligible.

Scholarship

Money given to a student because of academic achievement. You can find information on scholarship opportunities at STAR or the Displaced Student Opportunities website.

State-funding

Money provided by the government. The funding for academies come directly from the government, through the Department of Education. Most schools get government funds via a local authority.

Student Finance

Student Finance is funded by the UK government and allows students from any financial background to go to university. The government will lend students a loan for course fees and a means-tested Maintenance Loan to cover the living costs. For more information about what funding refugees and asylum seekers can access, visit the Student Action for Refugees website here.

Student Loan

A loan available to home students paid directly to your university which covers the tuition fees set by your university and that you have to pay back after university. You only start  repaying the loan when you are earning more than a certain amount of money a year. You will pay a small amount monthly which stops once you have repaid the full amount or after 30 years.

Tuition Fees

The amount of money a University charges to study there.