Government grants and loans

Alongside the bursaries and scholarships offered by the University of Exeter, there is financial support available from the Government to help cover the costs of living and studying. The figures below relate to financial support for students who are normally resident in England and starting university in 2017. Financial support is also available for students from Northern Ireland, Scotland and Wales and also other EU countries; for further details visit the Gov.UK Student Finance website or the Student Funding pages.

Maintenance loan

If you are a full-time UK student, you can apply for a loan to help with your living costs in each year of your degree. The amount you get will depend on your household income and the level of grant you receive.

Full-time studentLoan amount available for 2018/2019
Living at home Up to £7,324
Living away from home, outside London Up to £8,700
Living away from home, in London Up to £11,354
Spending a year of a UK course studying abroad Up to £9,654

For further details visit the Student Finance website.

Tuition fee loan

Covers your full tuition fees and means that you will not have to pay undergraduate tuition fees before you start or during your time at university. It is paid direct to the university.

Repaying your loans

You will start to repay your total loan (loan for fees and loan for living costs) after you have graduated and are earning more than £25,000* a year. You then pay back nine per cent of your income over £25,000. The level of interest charged will depend on the amount you earn and the lowest earners will only pay interest at the rate of inflation.

Applications and repayments

Information on applying for funding can be found on the applying for financial support pages.

Information about loan repayments can be found on the repaying your student loan pages.

Maintenance grant

Maintenance grants will be replaced with loans for new full-time students in England starting their courses from September 2016. From 1 September 2016, the student finance package will include a tuition fee loan and a maintenance loan only. You will still be able to apply for grants if you're eligible for certain benefits, disabled, or need help with childcare costs.

*subject to Government confirmation