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