Financing your studies
As an EU student, you can apply for a student loan to cover the cost of your tuition fees for a course starting in September 2020. Your loan will cover the full duration of your course.
Student loans are available for undergraduate and postgraduate courses and you could receive the following:
- Up to £9,250 per year for an undergraduate course (three years)
- Up to £10,609 per year for a postgraduate course (normally one year)
Applying for your student loan
You may be able to apply for a student loan once you have received an offer for your undergraduate or postgraduate course. You can apply through a website called the Student Loans Company and once you have successfully secured your loan fee you won’t have to pay any upfront fees.
You can find more information about student loans and how to apply on the Student Finance website
Repaying your student loan
You will only start to make repayments on your student loan once you are earning a salary over the equivalent of £21,000.
If you have a loan for an undergraduate course, you will repay 9% of any earnings over the equivalent of £21,000 per year. For a postgraduate loan, you will repay 6% of your earnings each month once you are earning more than £21,000 per year, or equivalent.