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Undergraduate study

Undergraduate student funding

Invest in your future

We can tell you the price of a degree - but that's not the same as its value. You really can't put a price on turning your dream into reality.

When thinking about going to university you will have two key costs to consider. Firstly, the cost of tuition fees for your chosen course of study and secondly, the living costs you will need to budget for. For each of these costs, financial support is available from Student Finance England (SFE) for every eligible student to access.

Tuition fee loan


If you are an eligible full-time undergraduate student from the UK or EU you can apply for a tuition fee loan to cover the full cost of your fees each year. The tuition fee loan is repayable - but not until you’ve left university and your income is over £25,725 a year.

Maintenance loan


Full-time students can also apply for financial support for help with their living costs such as food, travel and accommodation. This support is in the form of a repayable maintenance loan. The amount of maintenance loan you can get depends on where you live, where you study and your household income.

If you are a student applying from Scotland, Wales or Northern Ireland you can find out more about your entitlements here:

Student Finance Calculator

Repayments


Student loans are different to other types of loan. Below are the key facts about student loan repayments:

  • you will only start repaying your tuition fee and maintenance loans once you’ve left your course and your income is over £25,725 per year
  • the amount you repay each month is based on your income and not on how much you owe
  • your repayments are 9% of your income over the threshold of £25,725 per year
  • if you stop working or do not earn over £25,725, you do not have to make repayments
  • any loan or interest still outstanding after 30 years will be written off.

More about funding available for full-time undergraduate students

Funding for part-time students


Eligible part-time students can apply to Student Finance England (SFE) for a tuition fee loan to cover the cost of their course and a maintenance loan to help towards their living costs.

Tuition fee loan

Students can apply for a tuition fee loan of up to £6,935 each year of their course. A tuition fee loan is available for all eligible students to cover this cost and is paid to your university by SFE on your behalf. Tuition fee loans are not income assessed so anyone who meets the eligibility criteria will be able to take out a loan each year to cover the cost of their fees.

The tuition fee loan is repayable in the future but not until you’ve left university and your income is over £25,725 per year.

Maintenance loan

Part-time students can also apply for financial support to help towards their day-to-day living costs, such as rent or food. This support is in the form of a repayable maintenance loan.

The amount of maintenance loan you can receive depends on household income, course intensity and where you live while studying.

This loan is repayable in the future but not until you’ve finished your course and your income is over £25,725 a year.

More about funding available for part-time undergraduate students

Previous study


If you have attended a higher education course before, this can have an impact on the funding you get for any course you want to do in the future. Please contact a student adviser in Student and Library Services for advice about your edibility before starting a course.

Teesside University online learning


Our students use a variety of ways to finance their study; some take advantage of our flexible pay-per-module scheme, others are funded by their employer. If you're based in the UK, you may be eligible to apply for a tuition fee loan.
More about online learning funding

Other forms of support


You may also be eligible for other forms of support that don't have to be paid back.

Fees enquiries


Please contact Student Fees.

 

Funding enquiries


Please contact Student Finance.