UCAS – Managing your Application and Student Finance

1. UCAS – Managing your Application and Student Finance Hannah CollinsHE and Work Experience Coordinator

2. UCAS – Managing your Application • Recap on process • UCAS ‘Track’ • Applicant Open Days • Holding offers • No offers • Student Finance

3. Recap • Able to apply to make 5 choices • Universities will make individual decisions on your application • Hold 2 offers • Conditional Firm • Conditional Insurance CONDITIONS BUILT AROUND THE COURSE(S) YOU ARE STUDYING

4. UCAS Track UCAS ‘Apply’ • How you made the application UCAS ‘Track’ • allows you to manage your application online • method by which you hold offers • keep all informed of changes of personal details e.g. address, mobile phone etc. • http://www.ucas.tv/ucas/video/7Njsb

5. Holding offers • Up to 2 offers: • Conditional Firm (1st choice) • Conditional Insurance (back up choice) • Commitment on both sides • Offers have to be held by the date that UCAS will give you • You will lose your offers if you miss that deadline date • If you applied by the 15th of January you should have all your decisions by March 31st

6. UCAS - Reply by dates

7. Factors to consider – holding offers • Right course and university for you – aim to visit at least your proposed Firm and Insurance choices • Level of the offer – grades required from you – can you meet them? • Conditional Insurance should be a back up – generally lower grades

8. What if I need to add or change a qualification? • Contact all 5 Universities to let them know

9. Applicant Open Days

10. Ask for advice if…….. • Need interview preparation • Offer letter doesn’t make sense • Need advice on CF and CI choices • Receive no offers and become eligible for UCAS Extra

11. Looking ahead • Higher Education Student Finance: • Presentation in class on the principles • Open now and for an on time application need to complete by 30 May 2014 • www.direct.gov.uk • Accommodation – initial letters of choice • Bursary/Scholarship information (including NHS)– sent by post when you get the offer or visit the direct.gov.uk website. • Results time – We’re here for you.

12. What to do if you don’t get into your desired course

13. Step 1: Get Feedback • You have a right to feedback from the university, so contact them and ask. • Sometimes it may be because of a misunderstanding (i.e. missing qualifications off UCAS form). • Feedback should be used constructively to help you plan your next steps.

14. Work out what you want to do next • Do you still want to study that course? If yes then look at why you got rejected. • Why did you choose the course? Is it something you have researched? • Do you want to go to university?

15. If You Still Want To Go To University…

16. No offers at all? • UCAS ‘Extra’ • Comes on stream from 25th February till 2nd July for eligible applicants • UCAS prompts you if eligible • Add one more choice • Please come for advice if you enter ‘Extra’

17. You can apply for... • The same course at a different university. • A different course at a different university • The same universities for a different course. • NOT a course and uni you have already applied for!

18. What if I apply for a different course in Extra • You may have to send a new personal statement via email. Call up the university and ask if they require this and if so, who to send to.

19. What if I don’t find a place in Extra? • Clearing is live on results day in August (14th of August). • Allows you to look for places that have become available.

20. What if I don’t get a place during clearing? • Work out your aims and make sure you have researched them. • If you want to go to uni: Use feedback to determine what you need to do to in order to get in (i.e. take a year of study or work and reapply). • If you don’t want to go to university research what else is available.

21. Not sure what to do next? • Research different Careers: Nationalcareersservice.direct.gov.uk • Speak to me!

22. https://nationalcareersservice.direct.gov.uk/

23. Internships / Work experience • Can be paid or unpaid. Relevant work experience if essential for some jobs. Suggested summer internship companies….

24. The City Brokerage • Paid summer internships in the City in IT, Business, Finance, Law& Marketing. (Can be done before uni!) • Need to have a B in Maths. • Also have a College Leaver programme for students wanting to get straight intop work and have a C in Maths and English GCSE. • More info here: http://www.thebrokerage.org.uk/student-opportunitiesor email: melissa@thebrokerage.org.uk

25. YINI – Year In Industry • Gap year work provider which helps you find paid jobs in STEM subjects and IT for a year including training. • http://www.etrust.org.uk/year_in_industry.cfm • Or email Alex Price a.price@etrust.org.uk

26. STUDENT FINANCE 2014/15

27. i SESSION CONTENTS • Section 1 – The Student Finance Package • Section 2 – Student Loan Repayments • Section 3 – Applications & Information • Questions & Comments

28. ? HOW MUCH DO YOU KNOW?

29. ? HOW MUCH DO YOU KNOW? TUITION FEES Q Q A A *What’s the maximum tuition fee universities or colleges can charge new students in 2014/15? £0 £9,000 How much of this will you need to pay up front before you go to uni or college? *Eligible English domiciled students studying at a publicly funded university or college

30. ? HOW MUCH DO YOU KNOW? REPAYMENTS Q A A Q £30 £21,000 After you graduate, your income is £25,000 a year, what would your monthly repayments be? How much do you need to earn before you start paying back your student loans?

31. SECTION 1 THE STUDENT FINANCE PACKAGE

32. 1 THE STUDENT FINANCE PACKAGE SUPPORT AVAILABLE TO STUDENTS INCLUDES: Tuition Fee Loan The Student Finance Package Maintenance (Living Cost) Support Bursaries & Scholarships Additional Support

33. SECTION 1 TUITION FEES & LOANS

34. 1 TUITION FEES AND LOANS • Universities and colleges* can charge new full-time students up to • £9,000 per year (£6,750 part-time) for tuition fees. • Eligible students won’t have to pay any tuition fees up front. • A Tuition Fee Loan is available to cover the fee charged by the university • or college (up to £6,000 for approved courses at private providers). • Tuition Fee Loan doesn’t depend on household income. • SFE pay any Tuition Fee Loan directly to your university or college. • The loan is repayable, but only when your income is over £21,000. *Publicly funded

35. SECTION 1 MAINTENANCE SUPPORT

36. 1 MAINTENANCE SUPPORT • Maintenance support is available to help with your living costs while • in higher education. • Two main types of support are available, Maintenance Loan and Maintenance Grant. • The Maintenance Loan is repayable and all eligible students are • entitled to get some funding. • The amount of loan available will depend on where you live and study. • Maintenance support is paid directly into your bank account each • term.

37. 1 MAINTENANCE LOAN 2014/15 MAXIMUM RATES Additional loan is available for each extra week of study for students attending their course beyond 30 weeks.

38. 1 MAINTENANCE SUPPORT MAINTENANCE GRANT • The Maintenance Grant doesn’t have to be repaid. • How much grant you can get depends on your household income (100% means tested). • Household income thresholds for 2014/15: Household Income: Up to £25,000 Full Grant of £3,387 Household Income: Up to £42,620 Partial Grant

39. 1 COMBINED MAINTENANCE SUPPORT LIVING AWAY FROM HOME, OUTSIDE LONDON You can get a quick estimate of your student finance entitlement using the calculator on gov.uk/studentfinance

40. SECTION 1 BURSARIES & SCHOLARSHIPS

41. 1 BURSARIES & SCHOLARSHIPS BURSARIES & SCHOLARSHIPS • 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 Check university websites and ask at open days for information on bursaries & scholarships

42. SECTION 1 ADDITIONAL SUPPORT

43. 1 ADDITIONAL SUPPORT ADDITIONAL SUPPORT EXTRA SUPPORT MAY BE AVAILABLE IF YOU: • Have a child or an adult who depends on you financially: • Full-time students in higher education with an adult who depends on them financially can apply for an Adult Dependents' Grant of up to £2,642. • Childcare Grant • In 2014 to 2015 you can apply for: • up to £150.23 a week for 1 child • up to £257.55 a week for 2 or more children • Have a disability, long-term health condition, mental-health condition • or specific learning difficulty (Disabled Students Allowance)

44. Study an NHS or Social Work course? Social Work: Currently £4575 year 2 and year 3 (not guaranteed) NHS courses include: nursing, midwifery, physiotherapy, speech and language therapy, dietetics, radiography, the later stages of medicine and dentistry For more information on eligibility and applications for NHS support go to www.nhsbsa.nhs.uk/students

45. New NHS students can get up to: £1,000 grant from the NHS £3,263 maintenance loan from Student Finance England £5,460 bursary from the NHS Can’t get Tuition Fee loan! Will be a question on student finance form about this. Apply when you have a confirmed place 4th March earliest, 22nd Aug latest.

46. SECTION 2 STUDENT LOAN REPAYMENTS

47. 2 STUDENT LOAN REPAYMENT STUDENT LOAN REPAYMENTS AN OVERVIEW • You won’t make repayments until your income is over £21,000 a year gross (before tax). • Full-time studentswill be due to start repaying in the April after graduating from/leaving their higher-education course. • You’ll repay 9% of your income over £21,000 and if you’re employed deductions will be made from your pay through the HMRC tax system. • If your income falls to £21,000 or below your repayments will stop. • Any outstanding loan balance will be written off 30 years after entering repayment.

48. 2 STUDENT LOAN REPAYMENTS THE FIGURES Interest will be applied to your loan at a maximum rate of RPI +3% More info can be found on www.studentloanrepayment.co.uk

49. Interest

50. SECTION 3 APPLICATIONS & INFORMATION http://www.youtube.com/watch?v=vq7RsIzaxKI