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The impact on students of managing fees and funding University of Exeter Students’ Guild Advice Unit. Joanna Thomas – Senior Student Advisor. Financial impact from a student perspective... What course and where to study Where to live Alternative study options
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The impact on students of managing fees and funding University of Exeter Students’ Guild Advice Unit Joanna Thomas – Senior Student Advisor
Financial impact from a student perspective... • What course and where to study • Where to live • Alternative study options • Understanding entitlement and processes • Extra support on offer • Hardship funds • The level of enquiries don’t seem to have changed this year!
Sources of Funding Government support: • Tuition Fees Loan – up to £9,000 • Maintenance Grant – up to £3,354 • full grant (£3,354) - household income less than £25,000 • partial grant - household incomes between £25,000 - £42,611 • Maintenance Loan • between £3,575 - £5,000 living outside of London • between £4,988 - £7,675 living in London • between £2,843 - £4,375 living at home • - Additional support...
Sources of Funding University specific: National Scholarship Programme - fee waivers/bursaries for household incomes below £25,000; varies depending on the University Bursaries - awards for household incomes below £42,611; varies depending on the University Scholarships – - awards for merit (e.g. academic, sport); varies depending on the University Additional support...
University of Exeter Support Exeter National Scholarships – for incomes below £25,000: £2,000 partial fee waivers plus: £2,500 bursary for household incomes below £16,000 • £1,500 bursary for household incomes between £16,001 - £20,000 £1,000 bursary for household incomes between £20,001 - £25,000 Access to Exeter bursaries - for incomes above £25,000: £1000 per year – Household income between £25,001 to £35,000 £500 per year – Household income between £35,001 to £42,600 Care leavers: Receive full fee waivers for all years of study and support with additional accommodation costs • Scholarships: • Academic, sport, music, debating....
Additional support for: • Students with disabilities • Students with children • Students with dependants • NHS Funded course • Teacher Training courses • Social Work courses • Care Leavers • Other sources of funding: • Employment • Household/parental contribution • Bank overdraft • Additional grants
Important Messages for advisers • Explain support on offer • Explain additional support for specific cases • Explain how, when & who needs to apply • - also note if the household income changes by more than 15%, • get the student/sponsors to do an year-assessment • Explain repayment terms • Contact us if you need support
Important messages for students • Apply early – don’t wait until you have a firm offer • Apply for government funding via www.gov.uk • Check on how to apply for University specific funding • Keep in touch with Student Finance – • it is your responsibility to notify them if your circumstances change! • Make sure you sign the declaration form • Make sure you give consent to share • Set up a student bank account
Thank you for listening Any Questions? Joanna Thomas University of Exeter Students’ Guild