www.gov.uk/studentfinance

2015/16

STUDENT

FINANCE

UPDATEINFORMATION FORPRACTITIONERS

HELOA HE ADVISOR DAY 2015Andy Shenton - Regional Advisor South West

2015/16

SESSION CONTENTSi• Section 1 – Student Finance for 2015/16

• Section 2 – Applications & Information

• Section 3 – Practitioner Resources

2015/16

SECTION TITLE IN HERESUBHEADER IN HERE

SECTION 3

TUITION FEE Loan

MaintenanceSupport

Extra Support

Student

Finance

Package

2015/16

Tuition Fees: Capped at £9,000 with Access Agreement

Maintenance Grant: Maintained at £3,387

Maintenance Loan: Home : £4,565Increased by 3.34% Elsewhere : £5,740

London : £8,009

• Tuition fee loan does not depend on household income

• 65% of maintenance loan does not depend on household income

• 35% of maintenance loan and all the maintenance grant are means tested

STUDENT FINANCE PACKAGE

2015/16

Dependants Grants: Childcare Grant pays 85% of actual approved childcare costs up to maximum of:

Increased by 3.34%£155.24 per week for

one child£266.15 per week for two or more

children

Parents Learning Allowance max = £1,573

Adult Dependents Grant max = £2,757

STUDENT FINANCE PACKAGE

2015/16

Disabled Students Allowance (DSA)

DSA amounts are maintained at 2014/15 levels:

DISABLED STUDENTS ALLOWANCE

Allowance Part-Time Full-Time

Non-medical personal helper £15,543 £20,725

Per academic year

Specialist equipment £5,212 £5,212Duration of

Course

Other disability-related expenditure £1,305 £1,741

Per academic year

Disability related travelNo Limit – Reasonable spending can

be claimed

2015/16

Disabled Students Allowance (DSA)

Proposed changes to DSA policy:

• Broad rationale is to target the limited resource available to those students in most need of it

• Current system of DSA support has not been reviewed since 1995 and doesn’t take into account technological advances, increases in the use of technology or the introduction of the Equality Act 2010

DISABLED STUDENTS ALLOWANCE

2015/16

DSA funding will no longer be provided for:

• Entry Level computers (used only for web browsing, word processing, spreadsheets and the least technically demanding software)

• Higher specification or higher cost computers where they are required solely due to the way in which the course is delivered

DSA funding will be provided for:

• Additional costs of a higher spec than entry level computer (£200)

• Complex Non Medical Helper Support

Further Guidance due February 2015

DISABLED STUDENTS ALLOWANCE

2015/16

2015/16

Apply

Online

Students APPLY on time

We ASSESS theirapplication

They get PAID!

2015/16

SECTION 2

Please encourage the students you work with to apply on time!

• It will take at least six weeks to process an application so apply early

• The easiest way to apply is online at gov.uk/studentfinance*

• Students don’t need a confirmed place to apply

• Apply with their first choice, they can change details later if necessary

• Students can apply NOW!! The deadline is 31st May 2015

STUDENT FINANCE APPLICATIONSKEY MESSAGE – APPLY EARLY

i *Students wishing to study at alternative providers may need to wait until HEFCE approve the course designation before applying

2015/16

SECTION 2

www.gov.uk/studentfinance

GOV.UKFOR MORE INFORMATION AND TO APPLY

2015/16

SECTION 2

www.thestudentroom.co.uk/studentfinance

www.youtube.com/SFEFILM

www.twitter.com/sf_england

www.facebook.com/SFEngland

SFE ONLINEFOR MORE INFORMATION AND RESOURCES

2015/16

SECTION 3

Practitioners WEBSITE

IAG MATERIALS

Student Finance ADVISERS

SFE

Resources

SECTION 4

2015/16

www.practitioners.slc.co.uk

PRACTITIONER RESOURCESDEDICATED WEBSITE

SECTION 4

2015/16

Access and download our wide range of IAG resources including:

• Suite of Factsheets

• Series of Quick Guides

• PowerPoint Presentations

• Videos and Marketing Materials

All sorted by audience type tomake it easy to find what you need

i New resources will be added during the year, as the informationstudents need changes. Register/check back for updates

PRACTITIONER RESOURCESIAG MATERIALS

SECTION 4

2015/16

Our quick guides highlight key informationstudents and parents need to know

Currently available:

• Student Finance Explained

• Dependants’ Grants

• Student Finance Explained for Parents

The quick guides are available to downloador order from the practitioner website

PRACTITIONER RESOURCESQUICK GUIDES

SECTION 4

2015/16

Our factsheets are designed to help youexplain student finance, covering keysubjects including:

• Student finance and eligibility

• Students with dependants

• Repayments

• Myths, facts and FAQ’s for parents

PRACTITIONER RESOURCESFACTSHEETS

SECTION 4

2015/16

Help understanding the finance available to students and if/how theycan apply. Training on the guidance materials and resources availableto practitioners and their uses:

• Staff development events

• Annual updates

• High level interventions

• Relevant email communications

PRACTITIONER RESOURCESREGIONAL SUPPORT

www.gov.uk/studentfinance

2015/16

IF YOU ARE UNSUREPLEASE ASK!

QUESTIONS

OR

COMMENTS?

2015/16

• Finalised DSA Policy

• New Resources at www.practitioners.slc.co.uk

• Virtual Money Week (9th February) on www.thestudentroom.co.uk

• UCAS Higher Education Conventions

• IAG Quality Award – working towards in 2015

Further Ahead...

• Proposal for postgraduate loans for 16/17

• Proposal for Sharia Compliant Loans System

• BIS agreement to explore use of Digital Signatures from 16/17

COMING SOON…