Student Finance

STUDENT FINANCE

Finance

UK and EU students who wish to study on the DET, HND/HNC in Health & Social Care and Business programmes may be entitled to student loans from Student Loans Company (SLC). These loans are available to help with living costs such as accommodation, food, books and travel whilst studying (Maintenance Loan) and cover the costs of tuition fees (Tuition fee loan). Find out all you need to know about student finance for the listed courses from eligibility of financial support including tuition fee loan you may be entitled to, the maintenance support you might be eligible to receive, to how you repay your student finance loans by following all the links below:

To find out about the eligibility criteria and what amount of tuition fee and maintenance loans you may be entitled to for the Student Finance in England go to: https://www.gov.uk/student-finance.

Student Finance Application Process

New full-time students can apply online by following these steps:

  1. Setting up a student finance account
  2. Logging into your account and completing the online application form
  3. Sending in evidence, such as proof of your identity or household income or any other relevant document, if you’re asked for it
  4. Signing and returning the Education loan declaration you receive in the post

For more information about student finance applications for the 2018/19 Academic Year, go to https://www.gov.uk/studentfinancesteps or view the application demo for England for the 2018/19 Academic Year is available from the link below:

To apply for finance from Student Finance England go to: https://www.gov.uk/student-finance-register-login.

Repaying Your Student Education Loan

All students in receipt of Tuition fee loans and maintenance loans will need to pay back after their studies. Students on special grants and bursaries do not have to repay. Full-time students begin paying back their student loans once they earn more than £25,000 a year. If your income falls below £25,000 a year, your repayments stop.

For further information on student loans repayments, go to https://www.gov.uk/repaying-your-student-loan/overview.

If you do not find what you are looking for in any of these pages, contact the College by email info@lsme.ac.uk for additional support.