Student Support
Student support for new students starting full-time postgraduate ITT courses from 2011/12. This page will be updated for 2012/13 as soon as new financial information becomes available. You can usually apply online for student loans etc from March. www.direct.gov.uk/studentfinance
Fee Support
• New students starting full-time postgraduate ITT courses will be eligible for a non means-tested loan for fees of up to £3,290.
Living Cost Support
• New students starting full-time postgraduate ITT courses will be able to apply for a fully means-tested Maintenance Grant of up to £2,906. Students on household incomes of £25,000 or less will be eligible for the full grant. For household incomes exceeding £25,000 up to and including £34,000, the grant is reduced by one pound for every £5 by which the income exceeds £25,000. For household incomes exceeding £34,000 up to and including £50,020, the grant is reduced by one pound for every £15.17 by which the income exceeds £34,000. A student whose income is £50,020 will be eligible for a minimum grant of £50. A student whose income exceeds £50,020 will not be eligible for a grant.
• New full-time ITT Students will also be entitled to apply for a full rate loan for living costs of up to £4,950 / £6,928 for students living away from the parental home and studying outside / in London or up to £3,838 for students living in the parental home, although the amount they receive will be reduced if they are in receipt of a Maintenance Grant. Where a student’s household income does not exceed £50,020, the maximum amount of loan for living costs will be reduced by £0.50 for every £1 of Maintenance Grant payable.
• New full-time ITT students who are in principle eligible for means tested benefits from the Department for Work and Pensions will be able to apply for a £2,906 means-tested Special Support Grant. Students who are eligible for the Special Support Grant will not be eligible for the Maintenance Grant. The amount of Special Support Grant payable will be assessed in the same way as for the Maintenance Grant. However, students who receive the Special Support Grant will not have any of their loans for living costs reduced.
