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Get a comprehensive guide to university student life, including academics, social activities, career support, and managing university costs. Learn about scholarships, loans, and repayment options.
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Student Life Anita Magee, Schools’ Liaison Officer, Emmanuel College April 2016
Studying at university Lectures, seminars, practical classes, supervisions, museums, libraries,
Free Time and Social Life • Clubs & Societies • Try something new • Over 800! • Student Union • Run events - Freshers’ Week • Represent you to the university • Beyond the university • Cinemas, theatres • Nightlife – pubs, clubs, bars and theatres • Music venues etc • Sports facilities • Career?
Welfare and support • Tutor (Director of Studies) • University Nurse/ Doctor • Disability Resource Centre • Student Union Welfare Team • Peer Support / Mentoring • Financial Aid/ Grants
University: how much does it cost? AM Nov 20155
How do I pay my university costs? Most universities in UK charge £9,000 per year. Fees paid directly to the university. Tuition Fee Loan
How do I pay my university costs? Money paid into student’s bank account at the beginning of each term. *Important to budget* Amount you are entitled to is based on: • where the student will be living. • Household Income Maintenance (living cost) Loan
Maintenance (Living Cost) Loan You do not need to take out the full loan you are entitled to, you can specify the amount you want.
How do I pay my university costs? Sometimes given out by universities, companies or charities. This is not paid back Scholarships and Bursaries
Paying it back • Not paid back until April after course finishes . • Only if the student is earning over £21,000 a year ~ £1,750 a month. • Pay back 9% of everything earned over £21,000. Taken directly from earnings. How much will I pay back? £24,000 a year = £23 a month • Interest £21,00-£41,000 =Inflation + up to 3% (the interest rises 0.00015% for every extra pound you earn over £21,000. So you earn £1,000 more, you accrue 0.15% extra interest) Over £41,000 = Inflation + 3% Wiped after 30 years!
Am I likely to pay it all back? Even those who start on higher salaries are unlikely to pay it all back with interest. Students might as well take the higher maintenance (living cost) loan.
More information: • Money Saving Expert – Student Loans myth busting • Student Finance England