Understanding the changes
Changes from 2012/13
The University of Nottingham is setting undergraduate fees for full-time home students and EU students at £9,000 from 2012. The University has a wide range of options available for helping you to pay for your undergraduate course, including bursaries if you’re from a lower-income family. For example, over a third of undergraduate students will be eligible for our core bursaries which offer up to £3,000 per year of study.
Information for eligible undergraduate students starting in 2012/13
For further information on student finance, visit the Department for Business Innovation and Skills (BIS) website.
Student finance guides
It is important that you understand the changes that are being made to tuition fees. This is the best way to make an informed decision about the affordability of university.
In order to help with this, both Money Saving Expert’s Martin Lewis and Directgov have produced new student finance guides.
Martin Lewis is Head of the Independent Taskforce on Student Finance Information and is turning his attention to students' bank balances.
Together with student charity Brightside, he has released a wide-ranging guide to student finance
Directgov has also produced a comprehensive guide to answer a range of student finance questions, including:
How much will university cost from September 2012?
How will I repay these costs?
What other financial support is available?
What if I'm a part-time student?
What the changes mean
There are several changes being brought in from 2012/13. This includes an increase in the earnings threshold from £15,000 to £21,000 before you are eligible to repay your student loans.
Money Saving Expert Martin Lewis explains these changes in this video in an attempt to clear up myths and misunderstandings surrounding student finance:
The Independent Taskforce has also developed a student finance calculator. This is a useful way of starting to think about budgeting.