student finance 2014 schools and colleges liaison student finance 2015 schools and colleges liaison
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Student Finance
2014
Schools and Colleges LiaisonStudent Finance 2015
Schools and Colleges Liaison
The UCAS process timeline – 2015 entry
1st September
15th October
15th January
Late January
25th February
24th March
6th May
31st May
30th June
1st July
2nd July
13th August
31st August
21st September
Application cycle opens
Deadline for Oxbridge, Medicine, Dentistry and Vet. Science
Deadline for applications made by schools and colleges
Student Finance England (SFE) opens for applications
UCAS Extra opens
Deadline for certain Art and Design courses
Deadline for students to make their Firm and Insurance choice
SFE deadline for guaranteeing funding being in place
Deadline for receiving applications by the normal route
Clearing opens
Deadline for applications via UCAS Extra
Results day. Clearing vacancies published and Adjustment starts
Adjustment closes
Final deadline for applications for 2015 entry
Excellent Graduate Employment
• No upfront payments required
• Bigger borrowing does not increase repayment amount
• Loans are written off after 30 years
The things you need to know
£160 million investment in our campus
• Tuition fee loan
• Maintenance loan
• Maintenance grant
• Additional funding sources
The Financial Support
Winner of the HE Students’ Union of the Year award 2014
• Fees up to £9,000
• Everyone entitled to the loan
• Can be a full or partial loan
• Paid directly to institution
• Apply for each year of study
Tuition fee loan
The Media Archive for Central England is located on campus
• Available to all; partly means tested
• 100% amount depends on where you decide to live whilst at university £4,565 at home £5,740 away from home£8,009 away from home, in London
• Three instalments
• The exact amount you get is based on your household income (thresholds are £25,000 to £58,200 at home, £62,143 outside London, £69,766 in London)
• This loan is applied for each year you study
Maintenance loan
One of the Safest University Cities in the East Midlands
• Additional help for low household income students and is wholly means tested
• The maximum students will receive is £3,387
• The thresholds for household income are £25,000 to £42,875
• This grant is not repayable
• Applied for each year you study
Maintenance grant
Excellent Scholarship Packages
• Disabled Students’ Allowance
• Adult Dependents’ Grant
• Childcare Grant
• Parents’ Learning Allowance
• All of the above are non-repayable
• Applied for each year you study
Potential extra support
Journalism and Psychology courses ranked top 10 in UK
Package of support for 15/16
Household Income
Maintenance Loan (repayable)
Maintenance Grant (non-repayable)
Total Support Package
£25,000 or less £2,872 £4,047 £6,316 £3,387 £6,259 £7,434 £9,703
£30,000 £3,345 £4,520 £6,789 £2,441 £5,687 £6,961 £9,230
£35,000 £3,818 £4,993 £7,262 £1,494 £5,312 £6,487 £8,756
£40,000 £4,292 £5,467 £7,736 £547 £4,839 £6,014 £8,283
£42,620 £4,540 £5,715 £7,984 £50 (min grant) £4,590 £5,755 £8,034
£42,875 £4,565 £5,740 £8,009 £0 £4,565 £5,740 £8,009
£45,000 £4,344 £5,519 £7,788 £0 £4,344 £5,519 £7,788
£50,000 £3,823 £4,998 £7,267 £0 £3,823 £4,998 £7,267
£55,000 £3,301 £4,476 £6,745 £0 £3,301 £4,476 £6,745
£58,200 £2,967 £4,144 £6,413 £0 £2,967 £4,144 £6,413
£60,000 £2,967 £3,955 £6,224 £0 £2,967 £3,955 £6,224
£62,143 £2,967 £3,731 £6,001 £0 £2,967 £3,731 £6,001
£69,766 £2,967 £3,731 £5,205 £0 £2,967 £3,731 £5,205
What could the package of support look like?
Home Away London Home Away London
Industry Accreditations across our courses
• NHS
• University scholarships/bursaries
• Worthy cause funding
• Always check
Other funding sources
£14 million Science & Innovation Park (2014)
• Two loans added together- one overall repayment amount
• Repayments start in the April following your graduation
• Earning more than £21,000 per annum
• Deducted directly from salary
Repaying the loans
Award-winning Great Central Warehouse Library
• Repayment amount is 9% of your gross salary, once earning above £21,000
• At a starting salary of £25,000 – the repayment will be £360/year or £30/month (9% of £4,000)
• Lump sum payments can be made
• Interest accrued from day one of the loan
What you pay
The largest TV Studios in the East Midlands located in the University’s School of Media
• Applications for the main loans and grants made online or on paper via Student Finance England
• SFE deadline 31st May
• Individual university bursaries and scholarships- check with institution
• Other sources- check on how to apply via the institution or funding website
How to apply
New £11.5 million School of Art & Design
• Scotland
• Wales
• Northern Ireland
• Outside the UK
Studying elsewhere
Our students graduate in Lincoln’s historic castle and medieval cathedral
• Graduates do not repay grants, bursaries and scholarships
• Graduates do repay their loans
• Repayments start once graduate earns over £21,000
• Working abroad
Remember
High Student Satisfaction
• Student loans do not appear on credit files
• 2012 structure will now be considered in mortgage applications
• Debt collectors will not chase you for money
Further useful information
Accountancy & Finance ranked 1st in UK for the last 5 years
• slc.co.uk
• gov.uk/student-finance
• gov.uk/unimoney
• scholarship-search.org.uk
• unigrants.co.uk
• studentcashpoint.co.uk
• moneysavingexpert.com/students
• Student Finance England Customer Support Line: 0300 100 0607
Resources:
Top marks from the Quality Assurance Agency
Open days 2014•Saturday 18 October
•Saturday 15 November
•Wednesday 3 December
All of our open days can be booked online and we run informal tours regularly
Thank you for listening | Any questions?
113 Sports Teams & Societies, inc. Gliding, American Football, Rowing and the University Orchestra
Contact Us:
lincoln.ac.uk
enquiries@lincoln.ac.uk
01522 886644
/UniversityOfLincoln
@UniLincoln
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