MONEY MATTERS

Tuition Fee Loan

You could get up to £9,250 a year, depending on how much your course costs. How much you get does not depend on your household income.

We pay your loan directly to your university or college. You have to pay it back, including interest, once you’ve finished or left your course.

Help With Living Costs

You could also get a mixture of loan and grant to help with your living costs. How much you get depends on your household income and where you live and study.

These tables show an estimate of how much you could get based on your household income:

outside London

The figures in the tables are for illustrative purposes only. You’ll receive a notification of entitlement letter which will confirm how much support you’re entitled to during the academic year.

Your maintenance loan and grant will be paid into your bank account in three instalments, usually at the start of each term. You have to pay your maintenance loan back, including interest, once you’ve finished or left your course. Your grant does not need to be paid back.

If you’re starting your course on or after 1 August 2023 you are required to pay your maintenance loan back, including interest, once you’ve finished or left your course but only when your income is over £25,000 a year (before tax and other deductions). You do not pay your grant back. Your maintenance loan and grant will be paid directly to you, once per term, when your university or college has confirmed your registration.

CHILDCARE GRANT (CCG)

You can apply for childcare grant to help cover your childcare costs if you’re an undergraduate student who has children under 15 which depend on you financially. How much you are awarded depends on your household income, how many dependent children you have and what your childcare costs are. You do not have to pay it back.

You must cover any remaining childcare costs yourself. If you’re a part-time student, your CCG will be calculated based on your study intensity. You could receive 85% of your childcare costs up to a maximum of:

ƒ £187 per week for 1 dependent child

ƒ £321 per week for 2 or more dependent children

You cannot apply if you claim the childcare element of Universal Credit or Working Tax Credit.

DISABLED STUDENTS ALLOWANCE (DSA)

You can apply for DSA to cover some of the extra costs you may have because of a learning difficulty, mental health problem, long-term illness, or any other disability. DSA is extra support on top of your other student finance.

Notification Of Entitlement Letter

You can receive up to £33,146 a year. This can be used to pay for study-related costs such as specialist equipment, non-medical help, travel and photocopying.

PARENTS LEARNING ALLOWANCE (PLA)

You can apply for PLA to cover some of the extra costs you might have if you have children. You can receive between £51 and £1,896 a year. The amount you are awarded will depend on your household income, your dependants’ income and whether you have a partner. If you’re studying part-time, your PLA will be calculated based on your study intensity.

ADULT DEPENDANT GRANT (ADG)

You can apply for ADG to cover some of the extra costs you might encounter if you’re living with an adult who depends on you financially. You can receive up to £3,322 a year. How much you are awarded will depend on your household income, your dependants’ income and whether you have a partner. If you’re studying part-time, your ADG will be calculated based on your study intensity.

If your application is successful, Student Finance Wales will send you a notification of entitlement letter. This letter explains what type of student finance you’re being awarded, how much you will receive and on what dates you will be paid, subject to attendance confirmation by your university or college.

You must apply no later than nine months after the start of your academic year. For further information and to apply, scan

Questions? Contact the HE team at: Higher_Education_Enq@nptcgroup.ac.uk

Bursaries

The purpose of the Student Bursary Scheme is to provide eligible full-time students with financial aid towards the cost of studying for their qualification. Bursary applications are made each year to the College.

Hardship Fund

The Higher Education Hardship Fund is a discretionary fund administered by Student Support to help Higher Education students who are experiencing genuine and unavoidable financial difficulties.