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Higher education at 18+

Money for higher education

Loans and financial support

As you will have heard, students have to apply for a government loan to pay for tuition fees (up to £9,250 a year for some courses). 

Although this is a lot of money your loan does not have to be paid back until you have finished your course and are earning more than £26,575 per year.

The rate of payback depends on your earnings but, as an example, if you are earning £27,000 you will only pay back £10 a month. Read more about loans and financial support for HE.

Employer sponsorship

If the idea of taking out a loan for your university course is putting you off, bear in mind there are other ways to get a degree - through an employer sponsored degree, a Higher or Degree Apprenticeship or with reduced fees through The Open University, where you can study part-time alongside work.

Scholarships, Grants & Bursaries

Many higher education providers offer scholarships, grants and bursaries to students who meet specific criteria. 

These can be for money off course fees or to help you buy books, cover living costs, etc. You can find out about these by asking the provider or by following this link scholarship hub.

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