This information is based on 2012/13 figures

1. This information is based on 2012/13 figures

2. You will have two main costs to meet when you go to university: • Your Tuition Fees (up to £9,000 per year depending on what course you chose to study and where you chose to do it) • Your Living Costs (i.e. rent, food, bills) Costs

3. Funding from Student Finance England • Maintenance Grant - up to £3,250 • Living Costs Loan - up to £5,300 • Tuition Fee Loan - up to £9,000 • Extra Grants available for students with children and disabled students. Funding from your University : • University Bursaries • National Scholarship Programme Student Finance England Funding

4. Funding from the NHS • Tuition Fees paid directly to your institution. • Non Means Tested Bursary of £1,000. • Means Tested bursary up to £4,395. • Additional grants for students with dependents and disabled students. From Student Finance England • Student loan up to £2,324. NHS Student Funding

5. Maximum Maintenance Grant £3,250 Maximum Maintenance Loan (if £3,875 getting the Maintenance Grant) TOTAL STUDENT INCOME £7,125 divided by 44 weeks £162 per week This assumes you are receiving the maximum loans/grants available. If you are not receiving the full amount you or your parents are expected to meet the difference. student finance England budget

6. Non means Tested Bursary £1,000 Means Tested Bursary £4,395 Student Loan £2,324 TOTAL STUDENT INCOME £7,719 divided by 52 weeks £148 per week This assumes you are receiving the maximum loans/grants available. If you are not receiving the full amount you or your parents are expected to meet the difference. NHS student budget

7. The following is a sample budget. As you can see the figures are VERY conservative but still show you will have more money going out than coming in each week. Rent £70 Books/Stationery £5 Food £25 Clothing £10 Insurance £5 TV Licence £2 Leisure £20 Travel £5 Telephone £10 Gas/Electricity/Water £15 Total Expenditure = £165 per week!!! sample budget

8. In some cases student funding may not cover your full living expenses Tuition Fee loan Part time work Most funding is paid termly Managing your money

9. Open a student bank account Make one weekly cash withdrawal Share costs with friends Don't buy every book on the reading list Take advantage of student offers - e.g. NUS Card 5 top tips

10. Although some groups got into debt it is because we made you make extreme choices. In reality students do not make such extreme choices - they find a balance. You are not alone - your University and/or Students Union will provide advice and support to students on funding, budgeting and any other issues. If ends don't meet you may be able to apply for additional financial support - Access to Learning Funds. don' t worry!!

11. Student Loans £240 £217 £200 £160 £142 £120 Monthly Repayment £80 £67 £40 £30 £0 £21,000 £25,000 £30,000 £40,000 £50,000 Yearly income

12. university pays! Graduate Market Report 2010 - Average Graduate Salaries Both government-commissioned and external studies have consistently found that, over his or her working life, the average graduate will earn comfortably over £100,000 more in today's valuation, net of tax, than a similar individual who achieved university entrance qualifications but did not go into HE.

13. University pays! (cont.) The Office of National Statistics have found that degree holders earned an average of £12,000 a year more than non-graduates over the past decade.

14. Student Finance England • Tel: 0845 800 5090 • Website: www.direct.gov.uk/studentfinance http://bursarymap.direct.gov.uk www.studentfinanceengland.co.uk NHS Student Grants Unit • Tel: 0845 3586655 • Website: www.nhsbsa.nhs.uk/816.aspx Contacts