The value of a degree
The Value of University • Life-changing knowledge and student experience • £100,000 in your pocket The knowledge you gain and the student experience itself is invaluable. Independent research, including a study done by PricewaterhouseCoopers, has also shown that someone with a degree will earn £100,000 - £160,000 more over their working life than someone without one.
Aﬀordable - here and now • No money up front for Tuition and living costs • Pay it back only when and if you can aﬀord to • Generous Government support for living costs If needed, you can take advantage of up to: • £9,000 tuition fee loan per year • £5,500 living cost loan * per year • £3,250 living cost grant (not repayable) * per year * conditions apply, amounts and eligibility vary according to Residual Household Income, place of residence while studying, age, etc.
• A loan or a tax? • Lower monthly repayments • Many won’t need to repay in full It’s really more like a graduate tax than a loan – you don’t repay anything while your earnings are less than £21,000, and after 30 years your debt is wiped clean, regardless of what you’ve paid. And...the payments stop if you’re not earning. Monthly repayments are actually lower than those to be paid by current students – you simply have longer to repay. And when you do start earning more than £21,000, you only have to pay 9% of anything above that ﬁgure. So a job paying £25,000 per year would mean repayments of £7.50 per week.
Aﬀordable – later as well
Putting things in motion It’s easy! You only have to apply to one place studentﬁnanceengland.co.uk. You can do this on-line, from early 2012, regardless of whether you have chosen your university. They then pay your fees for you and put money for living costs straight into your bank account. It’s just as easy when you end up making repayments – these come directly out of your pay as in addition to your income tax, so you don’t miss what you don’t have.
Further information will be available during the coming months via www.hull.ac.uk Other useful sources: www.directgov.uk www.moneysavingexpert.com/students E: HEfunding@hull.ac.uk 1
University of Hull
Quality and stature The University of Hull welcomed its ﬁrst students in 1928 - it is England’s 14th-oldest university) and has since earned a reputation as one of Britain’s best teaching institutions, a source of landmark research and a proving ground for fresh talent.
Strong and relevant courses Our courses span the academic spectrum, from traditional disciplines to the newest ﬁelds. We provide superb teaching and state-of-the art learning facilities. This year the Times Higher Education ranked us in the national top 10 for our well-structured courses, the quality of our small-group tuition and our staﬀ’s helpfulness and interest. Our research helps solve global problems by advancing technology and understanding. Did you know the University pioneered the ﬁrst liquid-crystal technology, which is now used in the display screens of almost every television, mobile phone or computer monitor? Another exciting thing here is that the staﬀ doing cutting-edge research are the same ones who teach undergraduates – so you’ll receive the beneﬁt of direct contact with world authorities in your chosen ﬁeld.
Outstanding Student Experience Going to university isn’t just an academic education, it’s a social education as well – you’ll mix with people from diﬀerent backgrounds, discovering new viewpoints and making friendships that will last a lifetime. Hull consistently excels in the ‘student experience’ category of various surveys and league tables. The National Student Survey places us in 8th place out of all mainstream English universities, receiving an overall score of 89% for student satisfaction.
£100 million investment in our Facilities 2
This is backed up by our Students’ Union activities and amenities on campus, which have been put in the top 5 nationally by the Times Higher Education Student Experience Survey. In short, we know that you’ll have a fantastic time while you’re with us.
Jobs Afterwards Employers recognise that a University of Hull degree is a benchmark of quality - our graduates are highly-prized and much sought after. Hull has consistently been in the top 10% of universities for graduate job prospects for the past 20 years. The latest ﬁgures from the Higher Education Statistics Agency show that 92% of our students progress into employment or further study within six months of graduating – and of these 71% are already in a graduate-level position. The University proactively builds links with local and national graduate employers, bringing to students a range of jobs and internships. We are pleased to report a 21% increase this year in the number of these opportunities, adding even further to your chances of securing a great job once you leave us.
£15 million investment in new cutting edge research and teaching staﬀ 3
University of Hull
Best value • £3,000 Bursary • £9,000 Scholarship • Lowest Living Costs Tuition fees will be £9,000 per year for students starting in September 2012. Our quality speaks for itself – an investment in Hull is an extremely prudent move. To help those least able to aﬀord any remaining up-front costs, The University of Hull will provide almost £3million of Bursaries and Scholarships.
University of Hull Bursary This is a once-oﬀ, non-repayable award of £3,000 given in your ﬁrst year of study only. £1,500 goes towards reducing your fees to £7,500. You can use the remainder for: • University Residence Fees discount • Learning Resources eg textbooks, ICT resources • *Cash – (£1,000 maximum per annum) *To help pay for other study expenses. Bursaries are awarded to all new Year 1 students who have a Residual Household Income of less than £25,000 per year. Terms and conditions apply
University of Hull Scholarship This is a non-repayable award of £3,000 given every year for a total of three years of study. • Tuition Fees discount (£1,500 p.a. mandatory) • University Residence Fees discount • Learning Resources (Text Books, ICT resources, etc.) • *Cash – (£1,000 maximum per annum) *To help pay for other study expenses. Scholarships are awarded to all new Year 1 students who have a Residual Household Income of less than £25,000 per year and who have achieved results of AAB or higher in three A-Levels (not including General Studies), or equivalent. Terms and conditions apply 4
Lowest Living Costs Your money will buy more here. Recent Independent Research* has shown that Hull provides the lowest living costs of any major city in England. The University also plays its part by oﬀering good quality residences at great prices – current rent for our student houses starts from £57 per week. Our campus at Scarborough provides an equally aﬀordable experience, with Scarborough also having been named the most enterprising town in Britain. *Survey conducted by MGM Advantage, Britain's longest-registered company, and authorised and regulated by the Financial Services Authority
Student House rent from £57 per week
The bottom line
Tuition Fees The University of Hull tuition fees will be £9,000 per year for students starting in September 2012. This is subject to any Government-speciﬁed annual increases, normally in line with inﬂation.
Living Costs In 2011/12, a University of Hull student living in a Lawns Hall on a semi-catered basis might spend during the academic year:
Financial Assistance Provider Government
Maximum amount per year Tuition Fee Loan Living Cost (Maintenance) Loan Living Cost (Maintenance) Grant (not repayable)
University of Hull
£9,000 £5,500 £3,250
£3,000 (year one only) #
*Tuition Fee Loan: This is not compulsory, but it is likely many students will take this option. You are entitled to this loan regardless of your household income, and have the option of a partial amount. **Living Cost (Maintenance) Loan: You are entitled to at least £2,750. Additional amounts will depend on your household income, where you live and study.
***Living Cost (Maintenance) Grant: This is based on your household income.
• £3,250 if household income is £25,000 or under • Partial grant (on a sliding scale) if household income is between £25,000 £42,600
• No grant if your household income is over £42,600 # Eligibility for a University of Hull Bursary includes a Residual Household Income of less than £25,000 per year. The Bursary is a one-oﬀ award of £3,000, in your ﬁrst year of study only. Eligibility for a University of Hull Scholarship includes a Residual Household Income of less than £25,000 per year PLUS results of AAB or higher in three ALevels (not including General Studies), or equivalent. The Scholarship is an annual award of £3,000 per year for three years. A total of £9,000. More information and how to apply – W: studentﬁnance-yourfuture.direct.gov.uk T: 0845 300 5090
Residual Household Income Your household income is the total amount your family earns each year before tax and National Insurance. Household income is usually based on earnings for the previous tax year (2010-11 if you’re applying to study in 2012/13). Pension contributions, number of students in the family, and dependency on parental income are taken into account.
Graduate Repayments Annual salary 2011 system
Deduction from monthly pay packet
Deduction from monthly pay packet
Terms and Conditions
The details below are not exhaustive and are intended only as a guide for prospective students. 1. The information in this document refers to students who: a) Start Year 1 of a Full-Time Undergraduate degree programme in September 2012; and b) Qualify for Home Fee Status, broadly deﬁned as: • Being a UK national or have 'settled status' in the UK (under the terms of the Immigration Act 1971); and • Being ‘ordinarily resident’ in England; and • Being 'ordinarily resident' in the UK, the Channel Islands or the Isle of Man for the three years immediately before starting the course - and not wholly or mainly for the purpose of receiving full-time education. EU nationals outside the UK, or family members of an EU national outside the UK can generally qualify for a Tuition Fee Loan only if: • They have been living within the EEA and/or Switzerland for at least three years when starting their course, and • Their main reason for being in the EEA and/or Switzerland was not to receive full-time education 2. The following Full-Time Undergraduate students are excluded from the information above, because separate and/or slightly diﬀerent fee and ﬁnancial support applies - further details are available from the contact points provided: a) b) c) d)
Social Work Primary Teaching Nursing Medicine
01482 465753 01723 357348 0845 3586655 0870 124 5500
3. Students starting a Full-Time Foundation Degree in September 2012 will be charged an annual Tuition Fee of £7,000, rising to £9,000 during any Foundation Degree Honours top-up programme. This is subject to any Government-speciﬁed annual increases, normally in line with inﬂation.
4. Students starting a Full-Time four-year Undergraduate degree programme containing a Foundation Year, Year 0, or PreCertiﬁcate in September 2012 will be charged an annual Tuition Fee of £6,000, rising to £9,000 in Year 1. Students will not be eligible to apply for a University of Hull Bursary or Scholarship in Year 0 but will be able to apply in Year One. 5. Students starting a Full-Time Undergraduate degree programme in 2012, who already hold a Higher Education qualiﬁcation, may not qualify for Government Financial Assistance. These students will, however, be charged the usual 2012 Tuition Fee and will qualify for a University of Hull Bursary or Scholarship if they meet the criteria therein. 6. Students starting a Full-Time Undergraduate degree programme in 2012 which contains a Year of Study Abroad or Work Placement will be charged a reduced Tuition Fee for the duration of that year only. The exact Tuition Fee is due to be ﬁnalised shortly, but will represent a signiﬁcant reduction. 7. Students ordinarily resident in Scotland, Northern Ireland or Wales starting a full-time undergraduate degree programme in September 2012 will be charged tuition fees in line with those for students ordinarily resident in England. They will qualify for a University of Hull Bursary or Scholarship if the meet the criteria therein. Government ﬁnancial support will, however, vary. Details can be found at: Student Finance NI Student Awards Agency for Scotland Student Finance Wales
Money matters/3.10.11/Lou/job 2603
8. Students ordinarily resident in the Channel Islands and the Isle of Man starting a full-time undergraduate degree programme may attract separate Tuition Fee and supporting ﬁnancial arrangements. Details are to be conﬁrmed.
This publication is intended principally as a guide for prospective students. The matters covered by it – academic and otherwise – are both subject to change from time to time, both before and after students are admitted, and the information contained in it does not form part of any contract. While every reasonable precaution was taken in the production of this publication, the University does not accept liability for any inaccuracies. The ﬁgures quoted above were correct at the time of publication, but are still subject to Parliamentary approval. Depending on the outcome of the Government’s forthcoming consultation, a charge may be applied to any additional payments to repay all or part of a loan early.
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University of Hull Cottingham Road Hull HU6 7RX United Kingdom