In this section
Dereham Centre
Do you live near Dereham? If you do, why not visit our Connexions Centre there. You could use the computers there, look through our information library or talk to a Personal Adviser.
For fees
How much can you get?
Universities and colleges can charge new full-time higher education students up to £3,070 per year in tuition fees in 2007/08.
However, all eligible full-time students can now get a student loan for fees (sometimes known as a ¨tuition fee loan¨) to cover the full amount charged. So no one has to find the money for fees before or during their course.
How much will you have to repay?
If you take out a student loan, you won't have to start making repayments until you've left your course and are earning over a certain amount (currently £15,000 a year).
Your repayments will be 9% of your earnings over this set amount. So if, for example, you were earning £18000 (the average starting salary of a graduate level job), your repayments would be £5.19 a week.
The interest rate (currently 4.8%) is linked to the rate of inflation, so the amount you repay is the same in real terms as the amount you borrow.
What if you don't earn enough to afford repayments?
Repayments are linked to how much you earn, not how much you owe. If your earnings dropped below £15000 at any time, your repayments would stop until you were earning over this amount again.
