University Decisions: Support, Options, and Finance Information

1. Achievement for All SIXTH FORM NEXT STEPS EVENING

2. TONIGHT • Options • University? • Support for students and parents • Student finance

3. UNIVERSITY WORK WITH STUDY OPTIONS WORK WITHOUT STUDY GAP YEAR

4. UNIVERSITY TO GO OR NOT TO GO?

5. UNIVERSITY DECISIONS • What to study? • Where to study? • How to apply successfully?

6. SUPPORT

7. SUPPORT How do students apply? • Online • Parents are not required to fill in any part of the form • Tutors help students with every stage of the process

8. SUPPORT What is the process? • Students begin to fill in their forms in tutorial periods • Form tutors there to help • Our internal deadline is 23rd October • This deadline CANNOT be missed for courses at Oxbridge or courses in Medicine, Veterinary Science, Dentistry or Law • The sooner the better!

9. SUPPORT The application form • Personal information • Education • Employment • 5 university course choices • Personal Statement • Reference – information provided by subject teachers, written by the Form Tutor

10. SUPPORT What is the process? • Once forms are submitted, universities will begin to reply through ‘Track’ • Universities have until the end of March to make ‘offers’ • Once students have received all offers, they can reply with their choices • One firm choice, one insurance choice • Students have until the beginning of May to make their final choices

11. SUPPORT What comes next? A lot of hard work to get the results that are needed!

12. SUPPORT What if I get no offers? • Don’t panic! • UCAS Extra • Clearing

13. SUPPORT What if I do better than expected? • An unlikely scenario! • Can change university/course through Adjustment • Extremely limited time period

14. SUPPORT How can parents/carers help? • Discuss options and potential courses/universities and encourage visits to Open Days • Visit ucas.com- Parents section • Encourage participation in extra-curricular activities • Ensure full attendance to tutorial period so that mini deadlines are met

15. FINANCE

17. Overview • What financial support is available? • Scholarships & bursaries • Repaying student loans • When & how to apply?

18. Costs of university - full-time courses Tuition Fees: Full-time Undergraduate degree courses maximum £9,250 Foundation Year: £9,250 Placement Year: £1,850 Students do not have to pay upfront for tuition fees Living Costs: Accommodation, food, social, travel etc. On average £7,500 - £8,500 (living away from home) £3,000- £3,500 (living at home)

19. What financial help is available? * Dependent on Household Residual Income (HRI)

20. How will students be assessed? “Household Residual Income” is………. The joint, gross, taxable income of parent(s), guardian(s), step-parent with whom you live Based on previous financial year (N.B. if change in financial circumstances, can be assessed on current year) Student’s income (earned) is not taken into account Minus allowances for: • Any private pension fund payments • Any business / professional costs on which parents can claim tax relief • Any other child fully dependent on parents

21. Tuition Fee Loan – for all students • No one has to pay fees ‘up front’ • Up to £9,250 to cover the cost of Tuition Fees • Paid straight to the University by the Student Loan Company • Repayments start April after graduation and earnings over £25,725 • Entitlement not based on household income

22. Maintenance Loan – for all students • Receive 3 instalments: Sept, Jan & April • Repayments start April after graduation and earnings over £25,725 • Entitlement is based on household income

23. Students living at parental home – Maximum loan £7,529

24. Students living elsewhere – Maximum loan £8,944

25. Scholarships & Bursaries – for some students Many universities and colleges offer financial support to their students through bursaries and scholarships Bursaries: • Linked to personal circumstances and often household income • Awards can include fee waivers or cash Scholarships: • Can be linked to academic results or outstanding ability in an area such as sport, music or art • Can be subject specific and are limited in numbers

26. Scholarships & Bursaries – for some students • MMU Student Support Package • A support package is available to full-time undergraduate students where household incomes are £25,000 pa or less • Split across three years: £750 in each year • Includes Foundation Year & integrated Master’s degrees • Details of how the Student Support Package is paid are available on our website • www.mmu.ac.uk/moneymatters

27. Scholarships & Bursaries – for some students Care Leavers Bursary - cash bursary of £1,000 Sports Scholarships - A financial contribution available depending on the athlete First Generation - £1000 bursary & other support. The scheme is aimed at students from families whose parent(s) or guardian(s) did not go to university, who live and study at a college in the Greater Manchester area and are currently in Year 12 studying a Level 3 qualification (A Levels/BTEC etc.) Alumni Scholarships- non-repayable scholarships worth £1,000 each to benefit talented students in their first year of study Manchester School of Art Credit* - A £200 non-repayable bursary for students studying a practice-based course(*to be confirmed for 2019 entry)

28. Additional funding – for some students • Disabled Students Allowance • Non-repayable, non-income assessed • Can help with the cost of additional study related support • www.gov.uk/disabled-students-allowances-dsas/overview • University Support Fund • Provides help for students through a range of schemes including Day to Day Support and Accommodation Fee Support. • The fund is discretionary so whether or not you get an award depends on your individual circumstances www.mmu.ac.uk/studentfinance • Learning Support Fund (NHS students)offers support for: • Practice placement travel and/or temporary accommodation costs • students experiencing financial hardship • www.nhsbsa.nhs.uk/LSF.

29. Additional funding options: Parental Support Gap Year work Additional sources Company Sponsorship Part-time work

30. Paying back loans • Begin the April after finishingcourse as long as your earnings exceed £25,725 • If earnings fall below £25,725 or you cease working,repaymentstops • Any debt left after 30 yearsis written off • Interest is applied to loans - Variable rate applied depending on earnings i Early repayments can be made at any time (with no penalty) if a student wants to reduce their loan balance early.

31. Repaying student loans

32. Applying for Student Finance Via Student Finance England www.gov.uk/student-finance • Apply online from February 2020 onwards for student finance. • Students do not need a confirmed place to apply – simply put down their first choice & amend online if needed • Deadline by which to apply – likely to be end of May 2020 • Students and sponsors (e.g. parents) can register & apply in one session • Can access an online calculator to work out estimated entitlement

33. Find out more: MMU Website: for information on MMU’s fees, Student Support Package & also videos on student finance: www.mmu.ac.uk/moneymatters Student Finance England: to make an application www.gov.uk/student-finance Customer Helpline: 0300 100 0607 Student Loans Repayment:www.studentloanrepayment.co.uk Advice on finance & budgeting:www.moneysavingexpert.com/

34. Any questions? Debra Worthington Recruitment & Admissions www.mmu.ac.uk/moneymatters