If you want to study for your first degree but need to keep up work, part-time study might be the right option for you. Lots of universities offer part-time students, and the number of part-time degree courses available is on the rise. Whilst the government got a lot of bad press when they increased tuition fees for 2012, one of the positive things they did was make funding available to part-time students for the first time. You can't get a maintenance loan to fund your living costs,

If you want to study for your first degree but need to keep up work, part-time study might be the right option for you. Lots of universities offer part-time students, and the number of part-time degree courses available is on the rise. Whilst the government got a lot of bad press when they increased tuition fees for 2012, one of the positive things they did was make funding available to part-time students for the first time. You can't get a maintenance loan to fund your living costs,

Finding Funding for Part Time Degree Courses

Posted in Undergraduate Finance Advice

 

If you want to study for your first degree but need to keep up work, part-time study might be the right option for you.  Lots of universities offer part-time students, and the number of part-time degree courses available is on the rise. 

Whilst the government got a lot of bad press when they increased tuition fees for 2012, one of the positive things they did was make funding available to part-time students for the first time.  You can’t get a maintenance loan to fund your living costs, but you can get a tuition fee loan of up to £6,750 per year if you’re studying at least 25% of a full-time course. This amount will be enough to cover part-time fees at the majority of universities.

As well as a loan to cover your tuition fees, you may also be eligible for funding from your university, or another organisation that supports students who study your subject (the NHS offers funding to people studying to become nurses, for example).  Part-time students who already have a degree may be eligible for help from the same sources.

If you’re earning over £21,000 per year whilst you’re studying part-time, you will begin paying back your student loan four years after you begin your course, even if you’re still studying.  If your income goes below this amount at any point, your repayments will stop. 

Some universities offer student funding specifically aimed at undergraduates who want to study part time.  Search for funding for your part-time degree course on Scholarship Search now.

If you’re nervous about part-time study or uncertain about paying your fees, watch this video from Direct.gov for a bit more information on finance for part-time students.