If your son or daughter decides to go to university there is plenty of financial support available, so no one should be put off coming to UEA because of money worries.
How much does university cost?
Students starting their course in 2019 will pay tuition fees of £9,250 a year. However, fees don't have to be paid before they go to university or while they are studying.
First degree? A student loan is guaranteed.
For UK students studying their first degree, a student loan is guaranteed. The loan is split into two parts: a tuition fee loan and a maintenance loan. The tuition fee loan is paid straight to the university and covers their tuition fees. The maintenance loan is paid straight to them and helps to cover living costs like food and accommodation. The Student Living Index is a good place to have a look at the cost of living in different student cities.
What help is on offer?
Every UK student can apply for a Tuition Fee and Maintenance Loan each year. These loans are designed to pay for tuition fees, living costs and course materials. Your son or daughter will not have to start paying their loan back until after they graduate and are earning over £25,000. Tuition Fee loans are also available to EU students, as well as UK-based.
Various types of funding are also available to UK students from low income family backgrounds, which is never paid back.
Scholarships and Bursaries
UEA offers scholarships and bursaries providing some students with additional financial support, which doesn't have to be paid back. More information can be found on the University's scholarships and bursaries pages.
How to budget
It's important to try and encourage your young person to work out their weekly budget as soon as possible. Their loan will be paid into their bank account in three instalments, so it may feel like they have lots of money to begin with but it’s important that they spend wisely to ensure it lasts to the end of each term.
Sit down together and write a list of likely outgoings. Subtract this from the amount of money they’ll have coming in and then divide by the number of weeks in a term to get a weekly budget. If they’re worried it’s too low, talk about options such as finding a part-time job. Many universities offer jobs right on campus, and it looks great on the CV too.
Find out more
For more information on Student Finance, visit the Fees and Funding pages or email us at firstname.lastname@example.org. If your son or daughter decides to go to university there is plenty of financial support available, so no one should be put off coming to UEA because of money worries.