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Sunday, 22 November 2009

Maintenance Grant: rates if you start in 2009/2010

If you’re a new entrant to higher education in 2009/2010, this page will help you work out how much you could get through the Maintenance Grant or Special Support Grant. It also gives you an idea of the total help you could get with living costs through the Maintenance Grant and Student Loan for Maintenance combined.

Starting in 2009/2010 - will you get the full grant?

The maximum grant available for 2009/2010 is £2,906, available to full-time higher education students with a household income of £25,000 or under.

You’ll get at least a partial grant if your household income is £50,020 or under. 

Exactly how much is available depends on your household income: use the Student Finance Calculator or check the table below for a guide to what you’ll get.

Adding it up: Student Finance Calculator

If you're a new student starting in 2009/2010, enter your details into Student Finance Calculator for a quick idea of how much you'll get.

Guide to how much Maintenance Grant you’ll get if you’re starting in 2009/2010

Household income Amount of grant for 2009/2010
Up to £25,000 Full grant - £2,906
£30,000 £1,906
£34,000 £1,106
£40,000 £711
£45,000 £381
£50,020 £50
More than £50,020 No grant

Maintenance Grant: effect on other financial help

If you’re getting help through the Maintenance Grant, it’s assumed that you won’t need to borrow as much through the Student Loan for Maintenance.

To reflect this, some of the Maintenance Grant is paid instead of the Student Loan for Maintenance. If you're starting a course in 2009/2010, the amount you're eligible for through the Student Loan for Maintenance will be reduced by £0.50 for every £1 of Maintenance Grant you're entitled to.

This means that if you come from a lower income household, you’ll have less to repay when you finish studying and start work.

The tables below show some example figures to give you an idea of how much help you could get towards accommodation and other living costs through the Maintenance Grant and Student Loan for Maintenance.

Figures based on a student starting in 2009/2010 who is living away from home and studying outside London

Household income Maintenance Grant Student Loan for Maintenance Total for 2009/2010
£25,000 £2,906 £3,497 £6,403
£30,000 £1,906 £3,997 £5,903
£34,000 £1,106 £4,397 £5,503
£40,000 £711 £4,595 £5,306
£50,020 £50 £4,925 £4,975
£60,000 No grant £3,564 £3,564

Unless it’s reduced because of what you’re entitled to through the Maintenance Grant, you’ll be able to get 72 per cent of the maximum Student Loan for Maintenance available to you no matter what your household income is. Whether you get the remaining 28 per cent depends on an ‘income assessment’.

See ‘Applying for student finance’ for more on income assessment.

Special Support Grant: effect on other financial help

Unlike the Maintenance Grant, the Special Support Grant doesn’t reduce the amount you can borrow through the Student Loan for Maintenance. If your household income is £50,778, you will be eligible for the full Student Loan for Maintenance - irrespective of how much Special Support Grant you get.

Any money you get through the Special Support Grant won’t be counted as income when working out your entitlement to benefits or tax credits.

Back to ‘Maintenance Grant: help with living costs’

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