There are two main costs involved in higher education – the tuition fee for your course, and the living costs associated with studying at university-level.
Tuition fees per year of study are published on each individual course page.
For the majority of our students, you will not have to pay your tuition fee up front, as a government Tuition Fee Loan is available from the Student Loans Company to cover your fees in full (this is also true for Access to HE students aged 19+, who also have an Advanced Learning Loan available to cover tuition fees).
The loan is paid directly to the College by the Student Loans Company to cover your fees, and you only start to repay the loan when you are earning over £21,000 a year.
This loan is available for both full-time and part-time students (so long as the part-time course does not take more than twice as long to complete as the equivalent full-time course).
Visit www.gov.uk/studentfinance for more information about Tuition Fee Loans and how to apply for one.
If you are a full-time student, then there may be some financial support available to help with living costs such as accommodation and food (if you live away from home to study), travel and course materials:
For full-time higher education students, a maintenance loan may be available to you in addition to the tuition fee loan, and the amount available will depend on where you live and study and your household income. If you live at home and come to Stoke on Trent College to study, then the amount you can borrow is reduced as you won’t be paying for accommodation. The maximum loan if you live at home is £6,904 (2016 figure). As with the tuition fee loan, you do not have to pay back any of this loan until you are earning over £21,000. If you live away from home, the maintenance loan is up to £8,200. The exact amount of maintenance loan you can apply for will depend upon your household income. Please visit www.gov.uk/apply-for-student-finance/household-income for full details.
Additional Financial Support
If you are studying an Access to Higher Education course, an Advanced Learning Loan may be available to pay your course fees. See the Advanced Learning Loan page for details.
Additional support for students with dependants, or those who are disabled, may be available. Please contact our finance advisers on 01782 603604 to find out if you would be eligible for any additional support.
Sharia Law Compliance
Under Sharia Law, paying interest is prohibited. This means current-style student loans are deemed not suitable by many Muslims, making it potentially difficult for Muslim students to fund the cost of higher education. The government undertook a consultation on this subject during 2014 and has now confirmed that Muslim students in England will be able to get alternative student finance acceptable under Sharia Law, although this will not be available until 2016 at the earliest.