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Новый документ-8

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11 views2 pages

Новый документ-8

Uploaded by

liliyasyrt20162005
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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1. What is Student Finance?

Student Finance is a government-backed loan system in the UK that helps students cover their tuition
fees and living costs while studying at university. Different schemes exist depending on the country
within the UK, including Student Finance England, Wales, Northern Ireland, and Scotland.

2. Who is eligible for Student Finance?


Eligibility for Student Finance typically includes: UK nationals, Residents granted status under the EU
settlement scheme or other means (e.g., refugees), Non-UK citizens who have lived in the UK for at
least seven years, Individuals under 18 or those over 18 who have lived in the UK for half their life or
at least 20 years.

3. What two different types of loan does Student Finance offer?


Student Finance offers two types of loans: Tuition Fee Loan: Covers the tuition fees of up to £9,250
per year, paid directly to the university., Maintenance Loan: Helps with living costs such as rent and
travel, available in both means-tested and non-means-tested forms.

4. What is the difference between means-tested and non-means-tested loans?


Means-Tested Loans: These loans consider the financial situation of the student and their family (e.g.,
parental income) to determine eligibility and the amount available.

Non-Means-Tested Loans: These loans do not take into account the financial circumstances of the
student or their family, providing a fixed amount regardless of income.

5. What kind of grants are available in the UK?


The text indicates that Student Finance no longer offers grants or bursaries for maintenance. However,
the NHS provides bursaries for students in certain healthcare programs, especially during their fifth
and sixth years. Other grants may be available for students with disabilities, travel needs, or dependent
care.

6. Are loan conditions similar in all parts of the UK? Give examples.
Loan conditions vary across the UK:

England and Wales: Generally similar in terms of tuition fees and maintenance loans, but Welsh
students may receive higher maintenance allowances in specific cases.

Scotland: Scottish students pay lower tuition fees (£1,820 per year) if attending a Scottish university
and have access to maintenance loans.

Northern Ireland: Students have fewer options, with Student Finance NI providing only means-tested
maintenance loans, while tuition fees must be fully self-funded.

7. What loans can EU students get?


As of August 2021, both EU and non-EU international students must fully self-fund their fees, which
can range from £14,000 to £35,000 per year depending on the university. There are no specific loans
mentioned for EU students in the text.

8. What is a bursary?
A bursary is a form of financial aid that does not need to be repaid. The NHS bursary provides funding
for students in healthcare courses starting from their fifth year, with amounts that can be means-tested
or fixed, depending on the situation.

9. Who is eligible for it?


Eligibility for bursaries, particularly the NHS bursary, typically includes students enrolled in
healthcare programs (e.g., medicine). Other grants may be available for students with disabilities or
specific personal circumstances.

10. What tips are given for budgeting?


The tips for budgeting include:

1. Create a detailed breakdown of incoming funds and likely outgoing expenses.


2. Engage with parents to discuss financial management strategies.
3. Use tools like the envelope system to control spending by allocating cash for specific time periods.
4. Utilize student bank accounts to find the best benefits.
5. Avoid credit cards if possible; if used, manage them carefully to prevent overspending.

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