UWE Bristol Changes to funding for NHS courses

1. UWE BristolChanges to funding for NHS courses Presentation by Graham Wright Money Advice and Funds Service

2. Agenda • Which courses, which students and when • Funding for 2017/18 • Comparison with current scheme • Repayment of student loans • Key messages • UWE plan!

3. What courses? • Nursing: • adult, • children’s, • learning disabilities • mental health • Midwifery, • Occupational Therapy, • Physiotherapy, • Radiotherapy and Oncology.

4. Which students? The system of commissioning student numbers will end after 2016/17 entry. There will be no cap on the recruitment for NHS courses. • UK and EU fee status • Starting after September 2017/18 • Or progressing from Foundation year in Health Professions started in 2016/17

5. Funding changes Current scheme • Apply to NHS BSA for: Grant & Bursary, Disabled Students Allowances and support for children • Apply to Student finance for small maintenance loan 2017/18 scheme One application to Student Finance England (Wales, Scotland, Northern Ireland) for: Fee loan Maintenance Loan Disabled Students Allowances Support for children

6. Funding – Tuition Fees NHS • Fees paid by NHS for 36 months • Extension beyond 36 months - discretion of SHA, NHS BSA & academics Student Finance Fees covered by tuition fee loan Statutory right to gift year of fee loan for repeat study

7. Tuition Fee Loan For full-time & part-time study Paid directly to the university in October, February and May Previous study can affect entitlement pre-entry advice critical HE qualifications can remove entitlement will there be an exemption for degree holders applying for NHS courses?

8. Funding – Living costs NHS • Non-repayable funding for 36 months via bursary and grant • Extension beyond 36 months - discretion of SHA, NHS BSA & academics Student Finance England • Maintenance loan for living costs until honours degree achieved

9. Scrapping of Grants for English resident students • 2016/17 – no maintenance grants for new students from SFE • Grants up to £5k for living costs and £5k for fees available from SFW 2016/17 • Welsh students’ debt = £27k

10. SFE Maintenance Loan – replacing the NHS Grant, Bursary and small loan £8,200 + £88 per week for courses lasting longer than 30 weeks + £792 Occupational Therapy + £968 Nursing + £1,320 Midwifery £6,904 + £57 per week if living with parents

11. Funding – Living costs NHS + SF Maximum funding (Midwifery) • £7,815 Minimum funding (all courses) • £3,324 SFE • £9,520 • £3,821

12. Funding – Income assessment NHS No step-parent income included No age limit to dependence on parents Preceding financial year 2015/16 for 2016 entry Student Finance Step-parent income included Aged 25 and over, count as independent Prior financial year 2014/15 for 2016 entry

14. Support for students with additional support needs Disabled students Lone parents Students with children

15. Maintenance Loan (2) – increased amount for specific low-income students Students entitled to ESA, PIP or DLA or lone parents. £9,347 + £88 per week for courses lasting longer than 30 weeks + £792 Occupational Therapy + £968 Nursing + £1,320 Midwifery If you live with your parents while you study: £8,144 + £57

17. Funding – support for children NHS Parents learners allowance £1,204 Dependents Allowance £2448 (1st child or partner) £449 additional child Childcare Allowance 1 child £128 2 children £191 Student Finance £1,573 per annum £2,757 per annum n/a £155 per week £266

18. Student loans Level of debt Interest rate repayments

19. Interest rates Retail price index (RPI) + 3% will be charged during study RPI is currently 0.9% Interest rates after study depends on level of earnings.

20. The price tag for an NHS degree Fees £9,000 Living cost loan £10,315 (lone parent on nursing course) £19,315 x 3 years £57,945 Interest rate @ 3.9% = £4,519 interest accrued during study = £62,464 Current Scheme £6,459 + £543 interest = £7,002

22. How much will your degree cost? Will depend on: Interest rates Earning threshold increasing or not Your earnings

23. What are we waiting for? • Confirmation of funding entitlement for degree holders • Confirmation of who administers placement support • Confirmation of impact on 2016/17 Foundation year zero students • Loan forgiveness (like teachers in 2004)

24. Good news • One Funding Application • Statutory rights to funding for repeat study • More money • Termly payments – more money paid to students during academic year • These students will be included under the UWE Access Agreement

25. Access Agreement • 20% of fees above £6k directed to WP initiatives • 1,000 students = £600k in 2017/18 • Eligible for the UWE Bursary • No need to fight for the Learner Support Fund for NHS students

26. Bad news • No Maternity Bursary • Level of student debt • Subject to the DSA changes • Inclusion of step-parents in income-assessment • Termly payments of funding

27. Key Messages • Price tag vs. cost • Loan write-off • More money while study especially for lone parents and disabled students

28. UWE’s draft plan of action • Talks to HE advisers in January/March • Resources for teachers at schools and colleges • Staff briefings at Glenside and Gloucester To do • Applicant information • Web information, student handouts

29. Support once you have applied to UWE Pre-entry Money Advice Line: Every Wednesday November to August 14.00 – 16.00 Tel: 0117 328 5432 mafs@uwe.ac.uk

30. Any Questions?