 | BBC Radio 4's Money Box Live Wednesday, 23 May 2012 at 1502 BST On Radio 4 and Online |
If you're planning to go to university this Autumn, now is the time to apply for funding. There are big changes to how much it will cost to study in the UK. From September 2012, universities in England are raising tuition fees to a maximum £9,000 a year. Universities in Scotland, Wales and Northen Ireland are also increasing their fees to a similar level, but their home students won't be affected. There is financial help available in the form of student loans and you don't need to pay the money upfront. Graduates will only start to repay the money once they're earning more than £21,000 a year. There are also grants, bursaries and scholarships to help fund studies. Eligibility will vary, depending on the choice of course, place of study and individual financial circumstances. If you've got a question about how to pay for your university education, you can ask our panel of experts. How much will it cost to be a student? How do I pay the tuition fees? Who is entitled to a maintenance loan or grant? What rate of interest is charged on student loans? Where can you find information about bursaries and scholarships? Paul Lewis was joined by: • David Malcolm, Head of Social Policy, National Union of Students • Miriam Craven, Student Awards Agency for Scotland • Claire Evenden, Trustee, National Association of Student Money Advisers You can call the programme when lines open on Wednesday at 1300 BST. The number to call is 03700 100 444. Presenter: Paul Lewis Producer: Sally Abrahams
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