Government Funded Student Loan & Financial Aid
Many UK students choose to pay for their studies with a student loan from the Student Loans Company (SLC). This Government study loan is typically administered in two parts for each academic year: a tuition fee loan paid directly to your university to cover your fees, and a maintenance loan paid directly to you to cover your living expenses. You can speak to us for more information on how much you can borrow in terms of learner loans.
Repayment of Government Student Grants
Once you’ve finished your course, your loan repayment will begin only once your income rises above the repayment threshold, which is currently £27,295 a year before tax (this equates to £2,274 a month, or £524 a week). So for example, if your salary is £2,310 a month before tax, you'll pay back £3 per month under the current repayment conditions.
Loan repayment terms are reviewed annually, so we recommend visiting the UK Government website for the most up-to-date information.
England Students Repayments
Annual Salary |
Monthly Repayments |
£27,295 |
£0 |
£30,000 |
£20 |
£35,000 |
£58 |
£40,000 |
£95 |
£45,000 |
£133 |
£50,000 |
£170 |
Northern Ireland Students Repayments
Annual Salary |
Monthly Repayments |
£20,195 |
£0 |
£22,000 |
£14 |
£25,000 |
£36 |
£30,000 |
£74 |
£40,000 |
£149 |
£50,000 |
£224 |
Scotland Students Repayments
Annual Salary |
Monthly Repayments |
£25,375 |
£0 |
£30,000 |
£35 |
£35,000 |
£72 |
£40,000 |
£110 |
£45,000 |
£147 |
£50,000 |
£185 |
Wales Students Repayments
Annual Salary |
Plan 2 Monthly Repayments (6th April 2022 - 5th April 2023) |
£27,295 |
£0 |
£30,000 |
£20 |
£35,000 |
£58 |
£40,000 |
£95 |
£45,000 |
£133 |
£50,000 |
£170 |
EU students
You may qualify for a tuition fee and maintenance loan if you’re from an EU country, Iceland, Liechtenstein, Norway or Switzerland.
You may also be able to get assistance for your living costs if the following applies to you:
You’ve lived in the UK for more than 3 years before the first day of the first academic year of your course.
You have settled status.
The process of applying for Govt Student Grant
1. Do extensive research
2. Commination with Universities
3. Follow all the timelines
4. Write separate application
5. Secure admission in Universities
6. Check Eligibilities
7. Lots & lots of paperwork