Transcript UCAS The Next Step and Finance Talk (Feb 2014)

UCAS – Next Steps
David Seaton
UCAS Calendar
Mid October
Deadline for Medicine, Dentistry, Veterinary
Science and Oxbridge applications
Mid January
Closing date for other applications
Mid February
Start of UCAS Extra
Mid August
Results Day
July - September
Clearing
Late Sept – Early Oct
University term begins
2
Your Offers
Once you have submitted your UCAS application, you will begin to
receive decisions from universities:
Conditional Offer
Unconditional Offer
Unsuccessful Application
Withdrawal
Interview
Responding to Offers
When you have heard from all universities, you need to make
your final choices:
Firm acceptance (CF or UF) - first preference
Insurance acceptance (CI or UI) - second preference
Decline (D)
Completed through UCAS Track
Interviews
Courses that interview:
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Teaching
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Nursing
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Art & Design
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Performing Arts
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Medicine
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all Oxbridge courses…
…but universities are increasingly
using interview for selection.
Your Choices
• Never accept a place at a university you have not visited
• Open Day - a general overview of the university
• Applicant Visit Day - more specific information given on the courses
• Campus Tours – if you cannot make the Open Day/AVD
• Make sure that you take a tour of the campus, look inside
accommodation, and ask to be shown your subject specific facilities
What if I get no offers?
 UCAS Extra (Now)
 Enter Clearing (August)
 Resit current course
Accommodation
The university will send you an application form for Halls of Residence
You will be asked for preferences…look at the accommodation in
person before you decide
Each university has different forms and deadlines for application contact institutions directly for more information
SESSION CONTENTS
• Section 1 – The Student Finance Package
• Section 2 – Student Loan Repayments
• Section 3 – Applications & Information
• Section 4 - Managing Your Money
• Questions & Comments
TUITION FEES &
LOANS
•
Universities and colleges* can charge new full-time students up to
£9,000 per year (£6,750 part-time) for tuition fees
•
Eligible students won’t have to pay any tuition fees up front
•
A Tuition Fee Loan is available to cover the fee charged by the university
or college (Up to £6,000 for approved courses at private providers)
•
Tuition Fee Loan doesn’t depend on household income
•
SLC pay any Tuition Fee Loan directly to your university or college
•
The loan is repayable, but only when your income is over £21,000
MAINTENANCE
SUPPORT
•
Maintenance support is available to help with your living costs while
in higher education
•
Two main types of support are available, Maintenance Loan and
Maintenance Grant
•
The Maintenance Loan is repayable and all eligible students are
entitled to receive some funding
•
The amount of loan available will depend on where you live and study
•
Maintenance support is paid directly into your bank account each term
MAINTENANCE LOAN
2014/15 MAXIMUM RATES
Where you Live & Study
Maximum Loan Available
Parental Home
£4,418
Live at home
Elsewhere
Live away from home and study outside
of London
£5,555
London
Live away from home and study in
London
Overseas
Study overseas as part of a UK course
£7,751
£6,600
Additional loan is available for each extra week of study for
students attending their course beyond 30 weeks
MAINTENANCE GRANT
•
The Maintenance Grant doesn’t have to be repaid
•
How much grant you can get depends on your household income
(100% means tested)
Household income thresholds for 2014/2015:
Household Income:
Up to £25,000
Full Grant of £3,387
Household Income:
Up to £42,620
Partial Grant
COMBINED MAINTENANCE SUPPORT
LIVING AWAY FROM HOME, OUTSIDE LONDON
Household
Income
Maintenance
Grant
Maintenance
Loan
Total
£25,000 & under
£3,387
£3,862
£7,249
£30,000
£2,441
£4,335
£6,776
£35,000
£1,494
£4,808
£6,302
£40,000
£547
£5,282
£5,829
£42,620
£50
£5,530
£5,580
£42,875
£0
£5,555
£5,555
£50,000
£0
£4,836
£4,836
£62,132 & over
£0
£3,610
£3,610
You can get a quick estimate of your student finance entitlement
using the calculator on gov.uk/studentfinance
BURSARIES &
SCHOLARSHIPS
Many universities and colleges offer financial support to their students
through bursaries and scholarships
Bursaries:
• Linked to personal circumstances and often, household income
• Awards can include fee waivers or cash
Scholarships:
• Can be linked to academic results or outstanding ability in an area
such as sport, music or art
• Can be subject specific and are limited in numbers
Check university websites and ask at open days for information
on bursaries & scholarships
University of Bedfordshire
Scholarships/ Bursaries
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National Scholarship Programme (NSP)
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Centenary Scholarship
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Vice-Chancellor's Scholarship
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Sports Scholarships
ADDITIONAL SUPPORT
EXTRA SUPPORT MAY BE AVAILABLE IF YOU:
•
Have children or adults dependent on you
•
Have a disability, long-term health condition, mental-health condition
or specific learning difficulty
•
Study an NHS or Social Work course
•
NHS courses include;
Nursing, midwifery, physiotherapy, speech and language therapy,
dietetics, radiography , the later stages of medicine and dentistry
For more information on eligibility and applications for NHS
support go to: www.nhsbsa.nhs.uk/students
STUDENT LOAN REPAYMENTS
AN OVERVIEW
•
You won’t make repayments until your income is over £21,000 a year
gross (before tax)
•
Full-time students will be due to start repaying in the April after
graduating from/leaving their higher education course
•
You’ll repay 9% of your income over £21,000 and if you’re employed
deductions will be made from your pay through the HMRC tax system
•
If your income falls to £21,000 or below your repayments will stop
•
Any outstanding loan balance will be written off 30 years after entering
repayment
STUDENT LOAN REPAYMENTS
THE FIGURES
Income each year
before tax
Income from which
9% is deducted
Monthly Repayment
(Approx)
£21,000
£0
£0
£25,000
£4,000
£30
£30,000
£9,000
£67
£35,000
£14,000
£105
£40,000
£19,000
£142
£45,000
£24,000
£180
£50,000
£29,000
£217
£60,000
£39,000
£292
STUDENT FINANCE
APPLICATIONS
KEY MESSAGES –GET IT RIGHT FIRST TIME
•
Apply online at gov.uk/studentfinance as soon as possible to make
sure your student finance is in place for the start of your course
•
Register on UCAS and we can let you know when it’s time to apply
•
You don’t need a confirmed place at university or college to apply
for student finance
•
Make a note of your account log-in details & keep them safe
•
You can change your details online before starting your course
•
Agree to share information from your application, this helps apply
for many bursaries and some scholarships
STUDENT FINANCE
APPLICATIONS
INFORMATION YOU WILL NEED TO
PROVIDE
Before starting the application, you should have the following to hand:
•
Passport - SLC can check identity using valid UK passport details
for most students
•
University and course details – You can share this information online,
directly from you UCAS application
•
Bank account details
•
National Insurance number
•
Parent’s or partner’s National Insurance number and income details
For most applications, SLC verify income from these NI numbers
with no need to send any documents, unless we ask for them
GOV.UK
FOR MORE INFORMATION & TO APPLY
THE STUDENT ROOM
FOR FURTHER INFORMATION & RESOURCES
SOCIAL MEDIA
FOLLOW SFE FOR THE LATEST NEWS
www.facebook.com/SFEngland
UNISTATS
COMPARE UNI’S COURSES AND FEES
MANAGING YOUR MONEY
HINTS & TIPS TO CONSIDER
Before starting in higher education, think about the costs you are likely
to face and how to manage your money:
•
Plan a budget – and (try to) stick to it!
•
Ask questions and get any advice you need
•
Check out student bank accounts and NUS Extra cards
•
Try to avoid taking credit cards, store cards or pay day loans!!
•
If you need financial support and advice once you are at university
or college, staff there will be able to help
Any questions?
David Seaton
Student Engagement & Recruitment
[email protected]
www.beds.ac.uk
University of Bedfordshire applicant days:
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1 March 2014 – Bedford campus
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8 March 2014 – Luton campus