Student Finance England is a government-funded body that assists individuals who wish to study at university or college, in paying tuition fees and managing their living costs. The calculation to determine the exact loan and/or grant a person would receive, is based on their household income. The amount of tuition fees that must be paid depends on the individual’s specific circumstances. Further financial support is available for low-income households, those studying with dependents, the disabled, and those with special medical health challenges.
If an aspiring student has financial difficulty in attaining their higher education, then they can apply for SFE. The loans have fixed interest rates meaning they the debt will not increase overtime. There is no increase in monthly payments (once eligible to payback). You only make repayments when you start earning more than £21,000 a year. Repayments are put on hold whenever your income drops below this amount. Loans can discharged.
A well-educated person can give rise to a well-educated generation who can make better innovations for the progression of the society. The student can be more comfortable in schoolwork and college experience while avoiding financial concern.
We are affiliated with the Student Loans Company that offers different types of loans to students in the UK. Our well-informed and experienced staff members have the knowledge and expertise you need to help you find the best type of funding and repayment method to suit your needs. We have many clients who have successfully applied for loans and are successfully pursuing their higher education. Among their reasons: transparency, convenience and what else.
Student Loans Company gives three types of funds:
1. University tuition fee loan (paid directly to the university):
2.Maintenance loan (paid directly to the student):
3. Maintenance grant (paid directly to the student):
Your household income is made up of your income plus that of the people who live with you, for example:
You must provide details of your household income if you apply for any of the following:
Your loan repayments are linked with your future income. You only make repayments when you start earning more than £21,000 a year. Repayments are put on hold whenever your income drops below this amount.
Students submit scanned copies of the following documents to the recruitment advisor:
The DG Study World team checks these and helps you identify suitable partner institutions.
If accepted, you will be invited for a free face-to-face consultation. Here, all the different university options will be discussed. You will then need to fill out the relevant application forms for the institutions under consideration.
All documents are passed on to the selected universities. You should expect to receive an offer letter within 2-3 days of sending the application.
The university invites you to their campus and assists you in completing your UCAS and Student Loans Company (SLC) applications online.
You receive a letter from the Student Loans Company detailing the finances that have been allocated to you. You will start receiving payments after you have successfully enrolled at the university, and after the university confirms your attendance to the Student Loans Company.
17 years and above.
Most institutions offer:
Must be eligible for Student Loans Company (SLC) funding.
Eligibility criteria for SLC funding:
May also be eligible if residency status is ONE of the following:
Age criteria for SLC funding:
Depends on the duration and type of course: £6,000 to £35,000.
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