Funding for new undergraduate students in September 2018

Coming to University can be life changing and learning to deal with money is something you will learn alongside studying your chosen course and pursuing your favourite leisure activities.

The Government offers loans, and the University offers a generous package of bursaries and scholarships, to help towards costs while you are attending your course. It is important to understand what funding you are eligible to apply for so you can plan ahead.

On this page information is for full time undergraduate students who normally live in England and have 'home' fee status. In other words you must have 'settled status' and lived in England for more than three years prior to the start of your university course. In addition, you must not already hold an honours degree.

You can also find the latest student finance information at www.gov.uk/studentfinance

Female student

 

 

Details below are for students who normally live in England. Students who normally live in Wales, Scotland or Northern Ireland should check their funding with the relevant body.  (See related links)

The information below relates to funding offered by the UK Government and the University for students who intend to start a first undergraduate degree in September 2018. 

From the UK Government   

Starting University in September 2018 

Tuition Fee Loan

The Tuition Fee Loan offered for 2018 will be up to £9,250 . This is likely to be the fee for the University of Nottingham undergraduate courses, for new students with 'home' fee status, from September 2018.

Living Cost (Maintenance) Loan

The maximum maintenance loan you will be able to apply for in 2018/19 is £8,700. You can receive some of the loan without having a household income assessment carried out, but if your household income is around £62,000 or below you will receive a higher rate of loan. Check the table below for more details, including the Governments expected contribution from the person/people whose income has been used within the assessment process:

Maintenance Loan (Living away from home)
 Household incomeAssessed contributionAmount of Loan
 £25,000 £0 £8,700
 £30,000 £0 £8,076
 £35,000 £0 £7,452
 £42,875 £0 £6,469
 £50,000 £890 £5,579
 £55,000 £1,514 £4,955
 £62,215 £2,415 £4,054
 £65,000 £2,415 £4,054

 

If you decide to stay at home and live with your parents while you are a student, the amount of loan you can receive is less: see table below

Maintenance Loan (Living at home)
 Household incomeAssessed ContributionAmount of Loan
 £25,000  £0 £7,324
 £30,000  £0 £6,707
 £35,000  £0 £6,090
 £42,875  £0 £5,118
 £50,000  £880 £4,238
 £55,000  £1,497 £3,621
 £58,215  £1,894 £3,224
 £60,000  £1,894 £3,224

 

Please note the loan rate for all students in their final year is less than the figures given in the two tables.

Have a listen to our presentation - "Funding your undergraduate course"

Transcript for presentation  PDF file icon

Additional Support

Grants are available depending on your specific circumstances and awards are assessed on your household income. These are the Childcare Grant, Adult Dependants' Grant, and Parents Learning Allowance. Full details can be found at www.gov.uk/studentfinance

If you already hold an honours degree please call us for further information.

If you are hoping to study Nursing, Midwifery, Physiotherapy or Dietetics you may also be eligible for the Learning Support Funds offered through the NHS 

Information about repaying your student loans

 

From the University

The University will continue to offer a generous bursary scheme and there are a number of scholarships offered. Award levels will be confirmed soon when further details will be available on our Bursaries and Scholarships pages.

If you find you are struggling financially while at University then there are support funds available that you can apply to.  Visit the Support funds and Managing your money pages for more information.

You can access online modules, to help you prepare your finances for University, through our digital education partner Blackbullion. You will need to create an account using your email address and the University of Nottingham's code BBUON1718