2014 tuition fees - FAQs

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2014 fees and finance10 things you really need to know

How much will the University of Leeds charge for fees in 2014?

Leeds will charge £9,000 for full time UK/EU undergraduate students in 2014. The fees are necessary to offset the cuts that have been made to the amount of direct government funding given to universities. We can guarantee that your fees will be used to cover the costs of teaching and be invested in improving the student experience at Leeds.

You do not need to find the money to pay for your fees upfront. Provided you are new to higher education, you will be able to apply for a non-means-tested loan to cover tuition fees; more information about this is in our government support section

There will be a substantially reduced fee for a year spent studying or working abroad or doing a UK work placement, and for part-time courses. See our fees page for details. In addition, students eligible for our financial support package and opting to receive this as a fee waiver could see their fees reduced by up to £3,000 in year 1.

What financial support is available?

It's important to remember that tuition fees for 2014 will not have to be paid up front. Support for tuition fees and living costs is available from both the government and the University of Leeds.

Government support

  • loans to cover tuition fees (not means-tested)
  • loans to cover living (maintenance) costs (partially means-tested)
  • non-repayable grants (means-tested)

See government support for details

University support

All the University of Leeds support is non-repayable; it is designed to ensure anyone with the talent and potential to benefit - regardless of background - can take advantage of a Leeds education. Support is:

  • Leeds Financial Support (LFS) including the National Scholarship Programme (means tested). Eligible UK students can opt to receive this as a tuition fee waiver, discount on accommodation or cash payments. Eligible EU students can receive it as a tuition fee waiver only.
  • Leeds scholarships (both means-tested and non-means-tested, depending upon the scholarship).

See university support for details.

How do I apply for support from the University of Leeds?

There are three types of funding available at Leeds:

1. Automatic funding based on household income - Leeds Financial Support (LFS) and National Scholarship Programme (NSP)

No separate application is needed for this means-tested funding; all you need to do is apply for means-tested government support (i.e. grant, loans) and allow the results of the means test to be shared with the University. Student Finance England will work out how much loan and grant you can have based on your household income and they will inform us (provided you agree to share this information). Using the information they send to us we will then make an automatic non-repayable award to you if you are eligible. You will be contacted to confirm the award and asked to make a choice about how you would like it to be paid. If you are taking a cash award you will be asked to provide your bank details via an online form.

2. Automatic funding based on grades – academic scholarships

Some academic schools and faculties offer scholarships to encourage applications from high-achieving students. Again, no separate application is required for this funding, which is based on your academic grades alone. Find out more about our scholarships based on academic achievement. If you qualify for an academic scholarship, your school will contact you after you have registered as a student at the University of Leeds.

3. Non-automatic funding based on household income and other criteria – pre-entry application scholarships

You may also be eligible to apply for consideration for a pre-entry application scholarship. You will need to meet all the relevant eligibility criteria and complete a separate application form by the relevant deadline to be considered. Please see our scholarships pages for details of the awards available and to download an application form.

How do I apply to the National Scholarship Programme (NSP)?

You do not need to apply for NSP funding directly: you will be automatically assessed for eligibility providing you undertake a household income assessment through Student Finance England. At Leeds our NSP funding targets new, full-time, UK undergraduates who are liable to pay UK tuition fees of £9,000 and come from households with an income up to £25,000. If eligible, you will be contacted to confirm the award and asked to make a choice about how you would like your funding to be paid. If you are taking a cash award you will be asked to provide your bank details via an online form. More information is available about the NSP

How much will I repay, how and when?

Any funding you receive from the University of Leeds is not repayable; this is the same with the government maintenance grant. Your tuition fee loans and any maintenance/living cost loans are repayable, but the new student finance system is designed to take the 'risk' out of a university education: if you don't benefit from higher earnings you either won't pay back what you owe or will pay back only a small and manageable amount on a monthly basis. Remember that repayments are based on what you earn not the amount you owe.

Key points:

  • As the income threshold has been increased, monthly repayments will actually be less under the new system (though graduates will make repayments for longer)
  • Monthly repayments are based on your earnings not the amount you owe

You will only start to repay your tuition and maintenance loans after you have left higher education and are earning above the repayment threshold. The repayment threshold is currently set at £21,000 but is planned to increase in line with earnings from 2016 onwards. If you have started to make repayments and your income later falls below the repayment threshold, for example if you take maternity leave or a career break, your repayments will automatically be suspended until you start earning above the threshold again.

The amount repaid each month depends on your earnings: repayments are 9% of your income above the repayment threshold. This means that the amount up to the income repayment threshold, currently the first £21,000 per year or £1,750 per month, is not subject to any student loan repayments.

Example

A graduate starting as a newly qualified teacher may earn £21,500. This is £500 above the current repayment threshold so they would make repayments of 9% of this £500 only, equivalent to £45 over the year or just under £4 per month. The monthly repayment would increase to £30 on a salary of £25,000; and £68 on £30,000.

Making repayments

The repayments will normally be deducted automatically from your pay packet through the tax system provided you are earning enough.

Interest rates

Interest on your loan will be charged at inflation (based on the RPI) plus 3% while you are studying, and up until the April after you leave university.

From the April after you leave university, if you are earning below £21,000 then interest will be applied at the rate of inflation (RPI) only.

Graduates earning between £21,000 and £41,000 will be charged interest on a sliding scale up to a maximum of inflation plus 3%.

Graduates earning above £41,000 will be charged interest at the full rate of inflation plus 3%.

This should not be a 'lifetime' of repayments for many people: if you don't manage to repay the full amount, any remaining balance will be written off after 30 years. This 30-year term begins the April following graduation. More information For further information go to www.gov.uk/browse/education/student-finance

Independent advice on student finance is available from the money expert Martin Lewis. You can also download a guide from his site which is packed with useful information and is essential reading for anyone considering going to university in 2014.

I started my course before 2012; will these changes affect my fees or repayment schemes?

No, students who have started their course before 2012 will not be affected by these changes provided that they remain a registered student of the University of Leeds and do not change their mode of study (eg from part-time to full-time and vice versa).

What are the arrangements for part-time students?

The fees and financial support arrangements are changing for part-time students.

The two most significant changes are:

  • Students on most programmes will no longer have to pay their tuition fees up front.
  • Loans for tuition fees will be extended to eligible part-time first-degree students who complete a minimum of 25% of the full-time course load per year (30 credits or more).

Please note that part-time students are not eligible for maintenance loans or grants.

For further information, see our Lifelong Learning Centre website, email part-time@leeds.ac.uk or phone 0113 343 3212.

I'm an international student; do these changes affect me?

No, these changes only affect students from the UK and European Union. Fees and financial support arrangements for international students are decided by universities. See our international students section for further details of fees and finance for international students.

Where should I go if I have other money-related questions?

Try Leeds University Union's Student Advice Centre

What should I do next?

If you are a current student you don't need to do anything. If you are planning to apply for 2014 entry, please check the details on our finance pages. Further advice is available from our undergraduate scholarships team on 0113 343 3378 or email ugscholarships@leeds.ac.uk

Information provided on 31 October 2013