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Theoretical Physics - Physics at Lancaster University

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Student finance<br />

The two main costs you will incur <strong>at</strong><br />

<strong>University</strong> are tuition fees and living<br />

expenses. The following inform<strong>at</strong>ion<br />

details these costs and gives<br />

inform<strong>at</strong>ion on the Government and<br />

<strong>University</strong> help available towards each.<br />

Tuition fee costs: (UK/EU n<strong>at</strong>ionals)<br />

The tuition fee for all new UK/EU<br />

n<strong>at</strong>ionals starting full time<br />

undergradu<strong>at</strong>e courses in 2011 will be<br />

£3290* (subject to infl<strong>at</strong>ion).<br />

Tuition fee assistance – UK<br />

Government Tuition Fee Loan<br />

(UK/EU n<strong>at</strong>ionals)<br />

UK/EU undergradu<strong>at</strong>e students do not<br />

have to pay any tuition fees up-front<br />

while they are studying. Instead they<br />

will be able to defer payment of their<br />

tuition fees by taking out a non-means<br />

tested tuition fee loan to cover the fee<br />

charged. The amount borrowed is paid<br />

directly to the <strong>University</strong> by the Student<br />

Loan Company (SLC). If a student<br />

chooses to borrow less than the full<br />

tuition fee amount charged they are<br />

responsible to the <strong>University</strong> for paying<br />

the difference between the amount<br />

borrowed and the tuition fee charged.<br />

Living expenses<br />

We estim<strong>at</strong>e annual living costs for a<br />

single undergradu<strong>at</strong>e student to be<br />

£6,500 - £9000 per annum. For details<br />

see:<br />

www.lancs.ac.uk/sbs/funding/costsa<br />

ndbudgeting.htm<br />

Assistance with living expenses - UK<br />

Government Loans/Grants (UK<br />

n<strong>at</strong>ionals only)<br />

Student living cost loan:<br />

UK undergradu<strong>at</strong>e students are usually<br />

entitled to a student living cost loan.<br />

The level of loan depends on annual<br />

financial assessment. If you have to<br />

study abroad as part of your course the<br />

student loan for the year spent abroad<br />

is higher.<br />

Higher Educ<strong>at</strong>ion Maintenance<br />

Grant (HEMG):<br />

A grant (non-repayable) of up to<br />

£2906* will be payable to students<br />

where household residual income is<br />

below £25,000*. The grant will be<br />

reduced on a sliding scale until income<br />

reaches approxim<strong>at</strong>ely £50,020* where<br />

no grant will be payable. Students<br />

receiving a HEMG above a certain level<br />

will lose a small amount of student loan<br />

borrowing entitlement.<br />

Other grants:<br />

There are a range of other grants for<br />

students with child or adult dependants.<br />

Making an applic<strong>at</strong>ion and further<br />

inform<strong>at</strong>ion:<br />

For inform<strong>at</strong>ion on the applic<strong>at</strong>ion<br />

process for UK Government Funding<br />

and details of <strong>University</strong> support see:<br />

www.lancs.ac.uk/sbs/funding<br />

Government inform<strong>at</strong>ion including a<br />

guide to student finance is available <strong>at</strong>:<br />

www.direct.gov.uk/studentfinance<br />

(* 2010 figures, subject to increase for 2011. Please<br />

see www.lancs.ac.uk/ugfinance/ for up-to-d<strong>at</strong>e<br />

inform<strong>at</strong>ion.)<br />

36<br />

www.lancs.ac.uk/depts/physics

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