Student Wellbeing Services
Student Funding Service
Funding Menu
EU/International Students Funding
EU Undergraduate Students > Tuition Fee Loan
Full time undergraduate EU Undergraduate students who choose to study in the UK will be liable to pay the same level of fees as UK full time Undergraduate students.
From 2006 EU students were entitled to take out an annual non-means tested tuition fee loan from the UK Government to defer repayment of the tuition fees until after they have finished their course.
Current EU Countries (26) :
Austria |
France |
Poland |
For current information please refer to the http://www.direct.gov.uk/studentfinance and choose "Not from England" from the menu.
The majority of EU students will continue to be INELIGIBLE for maintenance support (student living cost loan, grant etc) unless they satisfy residency conditions. If you think you qualify contact the EU team below for advice or information.
EU Customer Services Team
http://www.direct.gov.uk/en/Dl1/Directories/DG_6000071
Tuition Fee Loan - Repayment
The loans you take out to cover your tuition fees start to accrue interest from the date the University receives the funds. The interest is set at the rate of inflation so that in real terms you only repay what you have borrowed. The interest rate is determined by the UK retail price index (inflation rate) and is set annually by the UK Parliament.
You only start repayment of fee loans in the April following graduation, providing your are earning above the threshold. For further details click here.
E.g. If you settle in the UK the repayment threshold is £15,000 (this will be £21,000 for 2012 entry students onwards). The repayment rate is 9% of any income above this amount. For example if earning £16,000 the difference is £1,000 and you would repay 9% of this over the year or £90, which equates to only £7.50 per month.
*The repayment period varies depending on debt and salary changes.
