Whether you're moving away from home for the first time, or returning to full-time education, student finances can seem a little daunting. Here are some simple steps to help you stay on top of the pennies.
- Paying Your Deposit
All International students and Home/EU postgraduate students will be required to pay a deposit to secure a place on their chosen course. The exceptions are:
- Undergraduate and postgraduate students who take out a student loan
- Government-sponsored students
Your deposit will then be deducted from your first-year tuition fees. Details of how and when to pay your deposit will be outlined in your offer letter. If you have any questions, please contact the Admissions team at firstname.lastname@example.org
- Funding Your Studies
How you can fund your studies:
- Student loan
- Receiving bursaries and scholarships from Aston
- Parental contributions
- Working part-time
There are two types of student loan to help you cover the costs of university. You pay these loans back after you finish your course, when you’re earning over £25,000 per year.
Tuition fee loan: available to undergraduate students from the UK or EU, tuition fee loans are paid directly to your university or college by the Government.You can expect to be paid any amount up to the maximum, which equals the cost of fees per year.
Maintenance loan: available to full-time undergraduate students from the UK, maintenance loans help pay for living costs such as food, travel, rent, course materials and accommodation. The amount you are awarded is dependent on household income. The maximum loan you can receive is £8,200 per year.
For academic years 2021/22 and beyond, we don’t yet know what will change regarding tuition fees for EU students. This will be dependent on the UK government’s negotiations with the EU. Please refer to our Brexit page for more information.
It's important to us that your time at University is as enjoyable, productive and worry-free as possible, so there are plenty of places at Aston for advice on money matters.
Our friendly and experienced Financial Assistance team offers information on a number of different funds, trusts and bursaries you can apply to for financial support. And in the Students' Union, the Advice & Representation Centre (ARC) offers extensive independent information, advice and representation services. The team's expertise covers a wide range of areas, including tuition fees and financial worries.
It’s reassuring to know that if finances get tricky during your studies, Aston university offers Hardship Funds that can help you get back on track. Find out more here.