Get a student loan now Leeds

April 20, 2016
Leeds University students

The funding you get now and in future, can be affected by a change in your circumstances, for example if you're repeating a year, suspending or withdrawing, coming back to university or transferring.

Find out what to expect if your situation changes, and if your eligibility for funding or the level of funding you will receive is likely to be affected.

Funding for the length of your course + 1 year

The Student Loans Company will generally fund your tuition fees for the length of your course, plus one more year (your "+1 year"). For example, if you're doing a four-year programme and have not studied in higher education before, you'll be eligible for four years of funding plus one extra year, if you need it.

As an internal student

If you're an internal student (ie studying with tuition, on campus) and this is your first repeat year, you should be eligible for funding from the Student Loans Company. This includes your Tuition Fee Loan, your Maintenance Loan and any supplementary grants you get. This will count as your +1 year though, so if you need to repeat another year later on, it's very unlikely you'll receive a Tuition Fee Loan or Maintenance Grant (though you may still receive a non-means-tested loan).

As an external student

If you're repeating a year as an external student (studying without tuition, off campus), you're not eligible for any funding from the Student Loans Company. It doesn't make any difference if this is your first or second repeat year.

You're not eligible to claim state benefits either. If you have children you may still be eligible for Child Benefit and tax credits.

As an external student, you don’t pay tuition fees. But before becoming an external student, think carefully about how you'd pay for rent and living costs for the year. Most external students have to find paid employment to help cover their costs.

Suspending or leaving your studies

If you suspend your study or withdraw (permanently leave) part way through the year, you'll still have to pay some of the tuition fee. The amount you're liable for will depend on when you suspend or withdraw.

This will also affect the amount of living costs funding you'll receive.

Your living costs

The Student Loans Company will only pay you for the number of days you've attended university that year.

Example

If your term started on 23 September, and you left university on 13 October, the Student Loans Company would only pay you for 21 days’ funding. You would already have been paid the first instalment of your loan, which would be more than 21 days of funding. So, the Student Loans Company will ask you to repay the money, and could potentially deduct it from any payments they make to you in the future.

Source: students.leeds.ac.uk
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