There is an overwhelming array of information out there on fees and funding, so we’ve put together this simple overview. Please check our money pages for the latest information.
The government provides student loans to help students with the cost of studying. These loans don’t need to be repaid until your son or daughter has left university and is earning above the income threshold. Read the full details on how the loan repayment works.
To help meet their living costs while at university, for things such as rent, food, books, etc, all eligible students can also take out a Maintenance Loan. The Maintenance Loan is partially means tested, so the total amount that students can borrow is dependent on your household income. Any money received is paid directly into students’ bank accounts.
Currently students from lower-income households in Wales, Scotland and Northern Ireland may also be eligible for a Maintenance Grant. This is 100% means-tested, does not have to be repaid, and is designed to offer additional financial support to those who may need it the most.
All eligible UK students can take out a tuition fee loan to cover the cost of their fees. Eligible students who normally live in Wales before study are entitled to a Welsh Government Tuition Fee Grant of £4,954*, which they need to apply for through Student Finance Wales. This means they only have to pay £4,046* towards their fees per year. This grant is non-means tested and does not have to be repaid. Once again, please check our website for the latest information about financial support for 2017-18.
*Provisional figures yet to be confirmed by the Welsh Government.
Find out more about scholarship and bursary opportunities.