HOW TO FUND YOUR TUITION AND LIVING COSTS?
Student Finance is available to students living in the UK. Watch our Student Finance webinar to find out all you need to know, or check out our FAQs below. If you need further help with your Student Finance application, email us at futures@ua92.ac.uk
IF YOU ARE APPLYING TO STUDY IN 2025/2026 WATCH OUR STUDENT FINANCE WEBINAR ON DEMAND.
STUDENT FINANCE WEBINARTUITION FEE LOAN
The majority of UK students can apply for a loan to cover the cost of tuition fees. You will not start repaying your loan until you have graduated and are earning over a specific amount. Find out everything you need to know about applying for student finance below or drop us an email at:
futures@UA92.ac.ukMAINTENANCE LOAN
As well as a loan to cover tuition fees, you have the option to apply for a separate maintenance loan to help you with other costs associated with being a student. Depending on your circumstances you could get up to £10,544 per year. Many students use their maintenance loans for accommodation, travel, food and other living costs.
START YOUR JOURNEY AT UA92
AM I ELIGIBLE FOR STUDENT FINANCE?
Whether you’re eligible for student finance can depend on a number of factors such as your age, your course or your residency status.
HOW DO I APPLY FOR A STUDENT LOAN IF I LIVE IN ENGLAND?
If you’re eligible and you normally live in England, you can apply for a student loan from Student Finance England: www.gov.uk/student-finance.
You do not need to wait for our offer to apply for Student Finance, so you can get a head start. We recommend applying as soon as possible, as it can take a minimum of 9 weeks for you application to process.
To find UA92 courses on the Student Finance Portal, please follow the instructions below:
- Select Lancaster University (Lancaster University will be awarding our degrees).
- Search for UA92 in the course area.
- Select your course (All UA92 courses will have ‘UA92’ at the start).
Make sure to select the right level and course length when picking your course.
Find out International students are not eligible to apply for a loan through Student Finance England.
HOW DO I APPLY FOR A STUDENT LOAN IF I LIVE ELSEWHERE IN THE UK?
If you normally live in Wales, Scotland or Northern Ireland, Isle of Man, Jersey or Guernsey the process is slightly different.
Here’s where you need to go. To find out more:
IS THERE A LOAN FOR ACCOMMODATION/LIVING COSTS?
Eligible UK students can apply for a Maintenance Loan which is provided by Student Finance England. The loan, of up to £10,544 a year helps with the cost of living and is combined with your student loan into one sum and repaid in the same way.
WHAT'S THE DIFFERENCE BETWEEN A TUITION LOAN AND A MAINTENANCE LOAN?
The tuition fee loan covers the cost of your course and goes straight to the university. Once the university has confirmed your attendance, it’ll be paid in three installments: September, January and April. Keep in mind that you will have to reapply for each year of your course, just in case your circumstances have changed
The maintenance loan goes directly into your bank account to cover living costs such as accommodation, food, etc. This is also paid in three instalments, around September, January and April.
Your maintenance loan is means tested, meaning the amount you’re entitled to is dependent factors such as your household income, where your university is located and if you’ve studied at university before. Try this Student Finance Calculator to get an idea of what you might be entitled to.
WHEN DO I PAY MY STUDENT LOAN BACK?
There are two thresholds to meet before you can start paying back your student loan.
- No matter your salary, you won’t need to pay anything back until the April after you’ve graduated (when the new tax year starts). You should receive a letter before this to let you know if/when you will start repaying your loan.
- You need to be earning over £25,000 per year.
If you are earning over these thresholds, you will pay back 9% per year, and that’s 9% of the money you make over £25,000 – not 9% of your entire salary. Your loan is also paid back monthly, so if, for example, you made £30,000 a year, you’d only have to pay back £37.50 a month!
After 40 years, any remaining student loan will be wiped completely.
WHAT IF I CHANGE JOBS OR GET A PROMOTION?
Your loan repayment is calculated and taken from your wages automatically, just like your tax and National Insurance, so if you change jobs or get promoted, you don’t need to worry about letting anyone know.
IS THERE ANY OTHER FINANCIAL SUPPORT AVAILABLE?
Yes! Check out our financial support page to find out what support packages you might be eligible for.