Tuition Fees 2012 for University of Essex Students
Changes for UK and EU undergraduate students from 2012 onwards
The increases to annual tuition fees will take effect for students starting their undergraduate course from autumn 2012 onwards;
this will include students who have deferred their entry to College/University from 2011 to 2012. These changes only apply to UK
and EU students wishing to study at a University or College in England.
Colleges and Universities are likely to be able to charge between £6,000 - £9,000 per year, subject to meeting conditions on widening participation
and fair access. Colleges and Universities will also be able to charge different fees for different courses.
Tuition fees are being increased as the University of Essex and in turn the College is likely to suffer significant cuts in the public funding
they receive from the Government. Some £2.6 billion is expected to be cut from the overall £5.1 billion higher education grant in England.
We would not be able to continue to deliver a high-quality student experience without an alternative source of funding.
The College, in line with its partner, the University of Essex and all other English universities,
will not be setting 2012 fees until the proposals to reform student finance have been approved, which is expected to be spring/summer 2011.
Once the fees are set, details will be available on the College website.
As is the case now, undergraduate students will not have to pay their tuition fees up front. The Government will provide UK and EU students with a
tuition fee loan which students will start to repay once they graduate and are earning over £21,000.
Financial help will be available for tuition and living costs and the Government’s new reforms are aimed to offer a more generous package of financial
support for students from low income backgrounds to go on to higher study at College or University.
A new National Scholarships Programme will provide £150m to help fund bright potential students from poorer backgrounds,
with the details of the programme still to be finalised.
Students from families with incomes of up to £25,000 will be entitled to a more generous student maintenance grant of up to £3,250
which is non-repayable. Students from families with incomes up to £42,000 will be entitled to a partial grant. Maintenance loans will be available for all eligible full time students.
Students will be expected to contribute as graduates and once they are earning over £21,000. The repayment structure will mean that students will be required to pay nine per cent of
their annual income above the £21,000 threshold, with any outstanding repayments being written off after 30 years. So someone earning a salary of £25,000 would be repaying around
£30 per month. The process for repayment is simple and payments will be deducted automatically from pay through the tax system. Repayments will start in the April after you graduate,
even if you already earn over £21,000. If your salary falls below £21,000 your repayments stop– for example if you take a career break or are unemployed. Repayments only start
again when you earn over £21,00 and if you have not repaid your loan after 30 years it is written off.
The table below shows some salaries and typical repayments.
| Salary |
Amount of salary from which 9% will be deducted |
Monthly repayment |
| £25,000 |
£4,000 |
£30.00 |
| £30,000 |
£9,000 |
£67.50 |
| £35,000 |
£14,000 |
£105.00 |
| £40,000 |
£19,000 |
£142.50 |
| £45,000 |
£24,000 |
£180.00 |
| £50,000 |
£29,000 |
£217.50 |
| £55,000 |
£34,000 |
£255.00 |
| £60,000 |
£39,000 |
£292.50 |
Source: www.bis.gov.uk/policies/higher-education/students/student-finance
For further information please visit the University of Essex funding advice page here
www.essex.ac.uk/funding
Tuition Fees 2012 for University of East London Students
University of East London will publish information regarding fees changes for 2012 entry here in Spring/ Summer 2011
http://www.uel.ac.uk/programmes/undergraduate/
Other useful websites
Directgov: Student Loan Rates
Department for Business Innovation and Skills: Student Finance