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Tuition Fees, Scholarships and BursariesBen is 21 and lives at home in Leeds with his Mum, whose income is assessed as £16,000 a year. Ben wants to do Media Studies with Computer Animation at University and is thinking of going to The University of Bradford. He would continue to live at home while he studied.
The course fees are £3,375 per year and Ben can take out a fee loan to cover the cost of his course if he wants to.
The table below shows the support that Ben can receive throughout his course and how much he will have to repay when he finishes:
PDF file.
Ben won't start paying back his loans until he gets a job and earns over £15,000 per year.
If Ben's first job has a starting salary of £18,000 year he will pay back 9% of the difference between £18,000 and £15,000 in that year, which is £5.19 per week. At this rate, Ben’s loan will be written off after 25 years. However as his salary is likely to rise significantly he will pay off more money per week.
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Page last updated: 14 March 2011
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