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Helpful advice on financing your studies

University may be one of the biggest investments you make so you need to make sure you have all the facts.

A great place to find out about financing your studies is the Direct Gov student finance website. You can find all you need to know about fees, loans, bursaries and grants, if you qualify for student finance and how to apply for it.

If you've already had some experience of living independently, you'll probably have a good idea of what your living costs are. If you're not sure, there are some handy budgeting tips on the UCAS website.

Our Student Money Advice Team is also on hand to offer free, confidential and impartial advice on funding, budgeting and debt to ensure you have access to the information you need.

Student Finance Explained

 Click on the links below to read about our fees and your finance options.

 

Our Tuition Fees

For most full-time undergraduate courses starting in 2014/15 the fees are £9,000. Fees for part-time undergraduate courses are usually a proportion of the full-time fee depending on the number of modules studied.

You won't have to pay any tuition fees upfront if you're an eligible UK or EU student, whether full-time or part-time. You'll be able to apply for a loan from the government to cover the full cost of your tuition fees. 

At Leeds Metropolitan University we strongly believe in preparing our students for the world of work.  Many of our courses are available in the sandwich mode, where students enter employment between their second and final year of studies in order to enhance their skills and extend their knowledge. As this is an important feature in a number of our courses we have decided that students starting their course in September 2014 will not be charged a fee for their placement year. (Please note, this does not apply to courses that are NHS and TDA funded). Find out more about placements and other opportunities.

Student Loans & Grants

Most students can take out a tuition fee loan to pay their fees. You’ll only start repaying these after you have graduated and are earning £21,000 per year or more. Your repayments will be fixed at 9% of your salary above £21,000. So, if you earn £25,000 after graduation the repayment would be £30 per month when you start to repay your loan.  

SALARY

MONTHLY PAYMENT

£25,000

£30.00

£30,000

£67.00

£40,000

£142.00

£50,000

£217.00

£60,000

£292.00

 

In addition to the tuition fee loan, you can apply for a maintenance loan to help pay for your living costs (food, travel, accommodation etc). These are available to full-time UK students (not distance learning students). The maximum maintenance loan for new students starting in September 2014 is:

  • £5,555 if you live away from home and study at a university or college outside London
  • £7,751 if you live away from home and study at a university or college in London
  • £4,418 if you live at home

 

Maintenance grants are also available to full-time UK students, depending on your household income. You can apply for:

  • a full Maintenance Grant of £3,387 if your household income is £25,000 or under
  • a partial Maintenance Grant if your household income is between £25,000 and £42,620

 

If you get or qualify for Income Support or Housing Benefit you may get the Special Support Grant instead of the Maintenance Grant.

Find out more about loans and grants on the Direct Gov website.

If you still have concerns Martin Lewis offers a straight forward guide to Student Loans here.

Scholarships

High Achievers Scholarship
Our University offers a High Achievers Scholarship to students joining us in September 2014, who have achieved A level grades ABB or equivalent.

National Scholarship Programme
If your household income is less than £25,000 a year you may be able to find help through the National Scholarship Programme.

If you are awarded funds as part of the National Scholarship Programme, you will receive a cash bursary of £1000 and £2000 of institutional services in Year1. In year 2 and 3 of your course, you will also receive institutional services up to a value of £1,500 per year.

Find out more about our scholarships.

NHS funded courses

If you’re applying to an NHS related course, you may be eligible to have your fees paid in full. You may also be entitled to apply for an NHS means-tested bursary to you during your studies.

Find out more about NHS funded courses.

Earn while you learn

Our in-house employment agency can help you find a job to fit around your studies. Rates of pay are competitive and work is flexible. You choose to offer your availability for work, when it suits you.

Visit the Job Shop website or telephone + 44 (0)113 812 6700 to find out more.