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I am starting my full-time undergraduate or 2+2 course in 2017-18

First time undergraduates can access government loans. These help to cover the costs of higher education.

Eligibility Criteria

To be eligible for government support you need to fulfill certain criteria. This is based on where you live, your age and any previous study. For the full eligibility criteria visit

Tuition Fees

Undergraduate tuition fees for 2017/18 will be £9,250. Students studying on WBS Foundation Year or 2+2 programmes will be charged £6,750. The University expects to increase fees in line with any inflationary uplift as determined by the UK Government in the second and subsequent years of your course. It is anticipated that such increases will be linked to RPI (the Retail Price Index excluding mortgage interest payments).

You can apply for a Tuition Fee Loan to help with this cost that doesn't depend on your household income.

Maintenance support

The amount of support you qualify for will be based on your household income and where you live.

If you will be aged 60 or over at the start of your course or if you qualify for government benefits, please see this page for details of maintenance support available to you.

These figures are subject to government approval.

Annual Maintenance Loan paid to you in termly instalments

Income (£)

Students living away from parental home and outside of London (£)

Income (£)

Students living in parental home (£)
25,000 and below 8,430 25,000 and below 7,097
30,000 7,825 30,000 6,499
35,000 7,220 35,000 5,901
40,000 6,615 40,000 5,303
45,000 6,009 45,000 4,705
50,000 5,404 50,000 4,107
55,000 4,799 55,000 3,509
60,000 4,193 58,215 and above 3,124
62,187 and above 3,928    

Grants for special circumstances

The government still provide extra support for students with special circumstances in the form of grants to help with living and learning costs. The support given will vary on individual needs and is non-repayable.

You can apply for:

Disabled Students' Allowances if you have a disability, specific learning difficulty, long term health condition or mental health condition.

Parents' Learning Allowance and Childcare Grant if you have care of a child

Adult Dependants' Grant if you have an adult that relies on you financially.

Your income assessment

You will need to provide details of your household income if you want to apply for the full Maintenance Loan or grants for special circumstances. Your household income is made up of your income plus that of the people who live with you; your parents; your parent and their partner or your partner. In certain circumstances you might be considered to be an independent student, for example:

  • You are aged 25 or over
  • You have been in the care of your local authority
  • You are permanently estranged from your parents
  • You have supported yourself financially for at least three years

You don’t need to provide details of your earnings from part-time work but if you have income from another source (such as investments, income from property or interest on savings) you will need to declare it.

Student Finance England will base your Maintenance Loan on the taxable income of your household earned in the 2015/16 tax year. If there has been a reduction of more than 15% since then, you can request a current year assessment.

How and when to apply for your finance

Applications for student finance are open now. Places do not need to be confirmed in order to apply. Applications are made to Student Finance England at

The application process

  1. You and your parent/s or partner set up an online account with Student Finance England (SFE) and are allocated a Customer Reference Number.
  2. Verify your identity using your UK passport number, original birth/adoption certificate or valid non-UK passport with any original supporting letters from UK Visas and Immigration.
  3. Your household income is verified using National Insurance numbers.
  4. Once your assessment is complete, sign the declaration form and send it back to SFE.
  5. Enrol at the university, we will confirm your attendance to SFE.
  6. Your Tuition Fee Loan is released to the university and the first instalment of your Maintenance Loan is paid into your bank account.

Paying it back and interest

Monthly repayments are based on earnings not the amount borrowed.

Repayment of your loans will begin in the April after you graduate or leave your course but only if you are earning over £25,000. Currently you repay 9p
for every pound of income you earn over the threshold.

Other key loan repayment facts:

1. Your loans will be written off after 30 years or if you become permanently unfit for work or die.
2. Repayments are taken automatically through the tax system from your gross salary (salary before tax/national insurance). If you become self-employed
or work overseas, separate repayment arrangements exist.
3. If your income falls below the threshold your repayments will stop automatically.
4. There is no charge for early repayment, either in part or in full

Interest is applied to your loan at the point the payment is made and is currently linked to the Retail Prices Index (RPI) as follows:

During study until entering repayment Interest rate: RPI +3%
Income below £25,000 RPI only
Income between £25,000-£45,000 RPI plus up to 3%
Income above £45,000 RPI + 3%

Paying tuition fees or accommodation charges upfront

You do not have to take out any of the government loans to pay for your degree. Your fees and/ or accommodation charges can be paid in full at the start of the academic year or in instalments as follows:

Term 1 50% of fees and term 1 rent
Term 2 25% of fees and term 2 rent
Term 3 25% of fees and term 3 rent

For more information on ways to pay visit

Managing your money

Living costs on campus will always depend on your lifestyle choices. In a recent cost of living survey our current first year students told us their average weekly living costs added up to £224. This figure excludes all course related costs as these will differ depending on your chosen subject, so it’s worth checking with departments to identify the essential course costs.

Item Costs £
Rent £117
Food & groceries £26
Socialising £23
Emergency fund £26
Transport £6
Phone £9
Clothes & shoes £6
Toiletries & grooming £5
Gifts £3
Health costs £1
Insurance £2

Top tips from our students

  • Always plan for the unexpected and have an emergency fund
  • Get a part-time job
  • Know where to go if you are worried about your money
  • Socialising can be expensive, take cash and not your debit card on nights out so you can keep track of your money
  • Don’t compare your finances to your friends and don’t be afraid to say no
  • Discuss your budget with your parents. Have a rough idea of how much you can spend before starting university

Budgeting as a student can be a challenge, especially as you will need to make your loan payment last for the term. To make it easier, try using the
Warwick Student Budget Calculator online at or download the app for free from the Apple or Android app stores.

University Bursaries and Scholarships

For the latest information on bursary and scholarship opportunites, please visit our Warwick Scholarships and Bursaries page.