New postgraduate pre-registration nursing, midwifery and allied health professional students will access loans from the Student Loans Company. They will have access to the Learning Support Fund, administered by the NHS Business Services Authority, for support while attending clinical placements.
Postgraduate pre-registration students will be able to access loans to cover tuition fees of up to £9,250 per year and to support living costs. These loans will be the same as those available to undergraduate students.
Students who are already registered in nursing, midwifery or an allied health profession will not be eligible for support for a second full-time or part-time pre-registration course or a second full-time postgraduate pre-registration course leading to registration in the same profession.
Details of arrangements for repayment of the loan will come from Student Finance England.
Visit www.gov.uk for further information
Can I afford to go to university?
Yes! Many students worry where they’ll find the money from but remember, you don’t have to pay anything upfront and you won’t have to pay anything back until you’re earning over £25,725 (current figure for 2020/21 entry).
The repayments are set at 9% of your salary over £26,575 and are automatically taken from your wages each month.
If this is your second degree, your loans will be combined and you’ll pay back 9% of your salary over £25,575.
If you’re concerned and want to find out more, it’s worth reading MoneySavingExpert’s Mythbusting article, which looks at the realities of student loans in more detail.
How much are my tuition fees?
For September 2020 entry:
- UK/EU students: £9,250
- International students: £15,000
What loans are available?
- Tuition Fee Loan: This covers the full cost of tuition fees
- Maintenance Loan (2020/21 entry figures) - 30 week courses:
- Up to £9,203 if living away from home (not in London)
- Up to £7,747 if living in parental home (not in London)
- Maintenance Loan (2020/21 entry figures) - 46 week courses:
- Up to £11,338 if living away from home (not in London)
- Up to £9,177 if living in parental home (not in London)
You’ll repay these loans once you’re earning over £26,575.
This tuition fee loan for healthcare courses is available to students if you've already studied another degree.
Is there support for childcare?
Student Finance England will provide a Childcare Grant of:
- Up to £174.22 a week for one child
- Up to £298.69 a week for two children or more
You’ll also be able to apply for a Parents’ Learning Allowance of up to £1,766 a year.
The Department of Health will also provide an additional grant of up to £1,000 per student per year. For more information and how to apply visit the NHS Learning Support Fund.
These are 2020/21 entry figures.
What about travel expenses?
Similar to the Practice Placement Expenses detailed in the NHS Bursary Scheme, the new Travel and Dual Accommodation Expenses will be available to reimburse excess costs incurred when undertaking practical training on placements. Eligible students will need to complete a claim form which will need to be approved by your university and this will then come through to the NHSBSA who will process for payment.
Information regarding Travel and Dual Accommodation Expenses, including how to apply, is available via the NHS Learning Support Fund.
What other funding is available?
The Department of Health may provide access to exceptional support of up to £3,000 per year for those students in severe hardship.
If you are a student on an NHS course, you may be eligible for additional NHS support from their Learning Support Fund. Part of the support the NHS offer is the Exceptional Support Fund for students facing financial difficulty. Please note if you wish to apply for the Exceptional Support Fund, you must have applied and received a decision from the BU Financial Support Fund first.
Can international students apply?
Yes. You will need to fund your own your tuition fees which will be £15,000 for September 2020 entry.