Part-time student funding and fee waiver update
Under the current student loan system, part-time students can apply for a tuition fee loan if studying at a publicly-funding university or course as long as their course intensity is at least 25 per of the full-time equivalent. Unfortunately, this has meant that although part-time students can delay paying towards their loan costs upfront, they have still had to juggle finances when it comes to reducing working hours for classes and private study, as well as other costs of studying, such as textbooks, childcare and even travel costs to and from the University.
However, from August 2018, Student Finance will also offer eligible part-time students maintenance loans to help cover living costs during their period of study. These maintenance loans are means tested, which means the amount given will be dependent on the household income of the student and the number of credits they will study over the University year (also referred to as ‘course intensity which is measured against a full-time degree’).
If you are interested in studying a part-time degree with us at the Centre for Lifelong Learning we are accepting applications for 2018 entry (starting October). Student Finance applications are expected to open May 2018 for students preparing for the next academic year. View a full course list here. For more information on funding please visit our funding pages.
Scholarship applications open in April:
The Warwick Scholarship for part-time students opens for applications next month with a fee waiver of £770 per 30 credit module for the next academic year. You must have taken out the Tuition Fee Loan and any Maintenance Loan entitlement available to you, so please remember to apply for this, even if you are considering applying for a scholarship too. In addition, you must be in receipt (or have a spouse or partner who is in receipt) of one or more of the means-tested benefits or tax credits listed below at the start of the 2018 academic year:
· Income Support
· Income-based Job Seekers’ Allowance
· Income-related Employment and Support Allowance
· Housing Benefit
· Council Tax Reduction
· Working Tax Credit
· Pension Credit
· Universal Credit
Applications for Warwick Scholarships will open in April 2018. You can complete an application form on our website. Fee waiver awards for subsequent years of your study may be adjusted in line with any increase applied to tuition fees and will depend on your continued eligibility for the scheme. You must apply for the fee waiver every year of your course, so please apply again if you were in receipt of the scholarship in previous academic years.
*(pro-rata for modules of less than 30 credit. Available to part-time degree students whose tuition fees are charged at the rate of £1,540 for a 30 credit module)