Tuition fee loans
Living cost loans 2023/24
All students are eligible to apply for a living cost loan (also called maintenance loans) if you’re studying full time. This is to help towards your day-to-day spending such as food, travel and accommodation.
In 2023/24 the maximum annual loan available will be:
- Students living at home £8,400
- Students living away from home £9,978
- Students who are eligible for benefits and living at parental home £9,910
- Students who are eligible for benefits living away from parental home £11,374
You won’t have to repay your tuition fee or living costs loans until you graduate and earn over £25,000 a year. This figure is updated in April every year. You will pay 9% of everything your earn above the £25,000 threshold. If you haven’t repaid the loan 40 years after you left the University, any remaining debt will be written off.