 | BBC Radio 4's Money Box Live Wednesday, 19 September 2012 at 1502 BST On Radio 4 and Online |
If you are starting a university course in England over the next few weeks you face tuition fees of a maximum of £9,000 a year as a result of a big shake up in the way your course is funded. But you don't need to pay the money upfront and there is financial help available in the form of student loans. Graduates will only start to repay the money once they're earning more than £21,000 a year. The financial situation is different for students across the UK. While Welsh students and Northern Irish students who study at home will pay tuition fees of £3,465, Scottish students studying in Scotland are not charged those fees at all. However, if you decide to study outside your home country but within the UK you will pay bigger tuition fees of up to £9,000 a year. Much will depend on the choice of course, place of study and individual financial circumstances as to your entitlement to a maintenance loan or a grant. 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? I am considering studying abroad, what costs do I face? Vincent Duggleby was joined by: Martin Lewis, Money Saving Expertand head of theIndependent Taskforce on Student Finance Information Phil Davis, chair of the National Association of Student Money Advisers Sharon Sweeney, Student Funding Officer, University of Dundee Presenter: Vincent Duggleby
Producer: Lesley McAlpine
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