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Student Loan rates 2008/2009

Student Loans are available to eligible full-time students doing a higher education course in the UK. This page tells you the maximum rates for students from England over 2008/2009.

Student Loan for Tuition Fees: maximum rates for 2008/2009

The maximum you’ll have to pay for tuition fees depends on when you started your course - and so does the maximum loan you can get.

New students and students who started in or after September 2006

For new students, students who started in 2007/2008 and most who started in 2006/2007 the loan will cover the full amount charged for tuition fees. This means up to £3,145 for 2008/2009.

Students who started before September 2006

If you started your course before September 2006 (or if you are treated as having started then), you may be able to get a Fee Grant to help with the contribution you have to make towards your tuition fees.

Depending on your household income, this could mean up to £1,255 - the full Fee Grant for 2008/2009.

If you only qualify for a partial Fee Grant, you can apply for a fee contribution loan to cover the difference.

Student Loan for Maintenance: maximum rates for 2008/2009

You’ll be able to get 75 per cent of the maximum amount that applies to you whatever your household income. Whether you get the rest depends on an income assessment.

Maximum rates if 2008/2009 isn’t your final year

  Living at home Living away from home outside London Living away from home in London
Maximum Student Loan for Maintenance £3,580 £4,625 £6,475
75% not income assessed (to the nearest £5) £2,685 £3,470 £4,855
Remainder (around 25%) - income assessed £895 £1,155 £1,620

Maximum rates if you’re a final year student in 2008/2009

  Living at home Living away from home outside London Living away from home in London
Maximum Student Loan for Maintenance £3,235 £4,280 £5,895
75% not income assessed (to the nearest £5) £2,425 £3,210 £4,420 
Remainder (around 25%) - income assessed £810 £1,070 £1,475 

Adding it up: Student Loan and grant calculator

If you're a new student, you can use the 'Student Loan and grant calculator' to get an idea of how much may be available through Student Loans and grants.

Back to main page on ‘Student Loans’

For information on how income assessment works and how to apply, follow the link below to return to the main page on ‘Student Loans’.

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