An introduction to the (not so scary) world of student finance
If you’re applying to a UK university for September 2020, you’ve probably read, heard or been told that you’ll need ‘student finance’ to fund your studies.
Universities can charge up to £9,250 a year for tuition, and this means the vast majority of those progressing to university will need some kind of financial support. But what does that look like? First off, you’ll need to figure out if you’re eligible.
Eligibility for student finance boils down to four main factors:
- The institution you plan to study at: Ravensbourne University London, like all UK universities (and most EU universities) is approved, so you don’t need to worry about that.
- The course you’re applying to: again, the same applies and 99% of the time this isn’t a worry. You can apply for funding on both full and part-time courses, as long as you have at least 25% ‘course intensity’.
- It’s your first degree: generally, if you’ve already achieved a degree, you aren’t eligible for funding and will have to source funding yourself.
- Residency status: This is quite defined criteria, but as long as you’re a UK national or have ‘settled status’, you normally live in England and you’ve been living in the UK, the Channel Islands or the Isle of Man for 3 years before starting your course – you’ll be fine.