What to know about student finance for university

Applying to university is an exciting time. A degree can significantly improve your chances of securing a well-paid, rewarding job in the career of your choosing – not to mention exciting experiences and new friendships along the way.

Financing Your Studies

However, financing your time at university can feel like a daunting prospect when you consider the cost of both tuition fees and the associated living expenses while you’re away from home. Fortunately, that’s where student finance comes in.

The majority of students can access financial support to cover the costs of attending university. This may take the form of a tuition fee loan to cover the course costs, as well as a maintenance loan to cover things like accommodation, books, and food, according to Student Finance England.

While these do need to be paid back, this will only start when graduates earn over a certain amount later down the line.

Anyone who is considering applying to university for a professional qualification such as a journalism degree may also wish to gain work experience to boost their CV. A journalism degree is a great route to a rewarding and fulfilling career.

Other Support

Some students may qualify for additional support, for example, if they are disabled, have a low income or have dependents. This type of financial support does not always need to be paid back. Of course, it’s an option for many students to work alongside their degree as well, whether in a part-time weekend job or in a bar or club in the evening.

Tony Jimenez

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