Student Finance at Bucks New University

Funding your education at Bucks New University (Bucks) involves understanding the various financial support options available. The primary sources are typically government-backed student loans, but other avenues like bursaries and scholarships can also help ease the financial burden.

Tuition Fee Loans

Eligible UK students can apply for a tuition fee loan from Student Finance England (or the equivalent body for students from Scotland, Wales, or Northern Ireland). This loan covers the full cost of your tuition fees, so you don't have to pay these upfront. The loan is paid directly to Bucks by the Student Loans Company (SLC).

Maintenance Loans

A maintenance loan is also available to help with living costs, such as accommodation, food, and travel. The amount you can borrow depends on your household income (your parents' or partner's income if you live with them) and where you study. Studying in London usually entitles you to a higher maintenance loan compared to studying elsewhere.

Applying for Student Finance

Applications for student finance usually open in the spring before the academic year starts in September. It's crucial to apply early to ensure your funding is in place before your course begins. You apply online through the Student Finance England website (or the relevant agency for your region). You'll need information like your course details, National Insurance number, and household income information.

Repaying Your Student Loan

Repayments on your student loan don't begin until you're earning above a certain threshold, which varies depending on the plan you're on (Plan 1, Plan 2, or Postgraduate Loan). The repayment threshold and interest rates are subject to change, so it's essential to stay informed. Repayments are automatically deducted from your salary through the payroll system, similar to income tax.

Bucks New University Bursaries and Scholarships

Bucks New University offers its own range of bursaries and scholarships to support students. These are often based on academic merit, financial need, or specific course criteria. Check the Bucks New University website for details on available bursaries and scholarships and the eligibility requirements.

Additional Support

Beyond loans and bursaries, consider exploring other funding options like:

• Part-time work: Many students work part-time to supplement their income. Bucks has a careers service that can help you find suitable employment.
• Charitable grants: Various charities offer grants to students based on specific criteria. Research charities related to your field of study or personal circumstances.
• Disabled Students' Allowances (DSAs): If you have a disability, long-term health condition, mental health condition, or specific learning difficulty, you may be eligible for DSAs to help with study-related costs.

Contacting Bucks Student Services

For personalized advice and guidance on student finance, contact the Student Services team at Bucks New University. They can help you navigate the application process, understand your funding options, and provide support throughout your studies.