Money Matters
For Undergraduates.
Starting in 2013/14
Loans for Tuition Fees
Not linked to household income
• You do not need to pay for your fees upfront
• Government loans are available for all students up to
£9,000 a year
Loans for Living Costs
Linked to household income
• All students are eligible for a minimum loan (£3,575)
• Depending on your household income you may be able
to borrow up to £5,500 a year
Grants for living costs
Linked to household income
• Government grants are available up to £3,354 a
year
• They do not need to be repaid, i.e. ‘free money’
• Means tested on household incomes up to
£42,611
• Other grants are available as well, e.g.:
• Disabled Students Allowance
• Childcare Grant
• Parents Learning Allowance
Applying for Loans and Grants
www.gov.uk/studentfinance
University Bursary
Linked to household income
• A bursary is money from the University
• The University of Sheffield scheme pays our
students every year and it doesn’t have to be repaid
Household income
Bursary each year
£18,000 or under
£1,400
£18,001 to £25,000
£1,100
£25,001 to £30,000
£750
£30,001 to £35,000
£600
£35,001 to £42,000
£500
Students from care
£1,600
University Fee Waivers
Linked to household income and postcode
• If your household income is under £25,000 a year,
and you live in an economically deprived area, you’ll
get a bursary AND a full or partial fee waiver for your
first year
• If you live in one of the most deprived areas, as
defined by the government, you get a full £9,000 fee
waiver
• If you live in the second tier of deprived areas, you’ll
get a partial fee waiver of £6,000
• Students from a Care background will receive a
£9,000 fee waiver irrespective of postcode.
Scholarships at Sheffield
• We offer Scholarships, Awards and Prizes
based on a variety of criteria
• In addition to these, we are launching our
Sheffield Scholars Scheme for 2013/14
• This scheme is in addition to your Loans,
Grants and Bursaries and the Scholarships are
not assessed on household income
• If you are among the brightest and the best and
you choose us as your firm choice you could
benefit from ….
City Scholars
You get
£1,500 per year for every level of your course.
You don't have to pay this back.
You need
To achieve ABB grades at A Level (or
equivalent) or higher and to be living in a low
participation area in the Sheffield City Region.
Details
There are an unlimited number of awards.
You don't need to apply for this scheme, as it
is automatically assessed.
Map credit: AxG
1. Sheffield
2. Rotherham
3. Barnsley
4. Doncaster
5. Chesterfield
6. NE Derbyshire
7. Bolsover
8. Bassetlaw
9. Derbyshire Dales
Global Scholars
You get
Your air fare to an overseas summer school, as well as
tuition and accommodation whilst you are there.
You need
To achieve A*AA grades at A Level (or equivalent) or higher.
To submit an application form online.
Details
There are 30 awards on offer.
The summer school will be at one of our partner institutions
and you'll need to go in the summer after your first or
second year.
The following slide applies to
the Masters Scholars Scheme.
This is only available to students studying in
the Faculties of Social Science and Arts and
Humanities.
If your department sits outside these
faculties please delete the next slide.
Please also delete this slide.
Masters Scholars
You get
The University will pay the standard masters fee towards
your postgraduate study with us.
You need
To achieve A*AA grades at A Level (or equivalent) or higher.
To submit an application form online.
Details
There are 50 awards on offer.
We'll pay the value of a standard masters course fee.
You need to start your masters straight after you finish your
degree and meet the entry requirements for the course.
To find out more…
• Please pick up a gold postcard.
As an alternative to slides 7 –
12 you may wish to use the
following.
These provide only a brief signposting of the
Sheffield Scholars Scheme.
Please delete this slide and either slides 7 –12 OR
13-16 depending on which you feel will be most
effective for your presentation.
Scholarships at Sheffield
• We offer Scholarships, Awards and Prizes
based on a variety of criteria
• In addition to these, we are launching our
Sheffield Scholars Scheme for 2013/14
• This is in addition to your Loans, Grants and
Bursaries but the Scheme is not assessed on
household income
• If you are among the brightest and the best and
you choose us as your firm choice you could
benefit from ….
City Scholars Scheme
If you live in the Sheffield city region, you could qualify for
extra financial support for each year of your course
depending on where you live and your grades.
Global Scholars Scheme
Students can apply to study at an overseas university's
summer school. We'll pay for your air fare, as well as tuition
and accommodation whilst you are there.
Masters Scholars Scheme
High calibre students in the faculties of Arts and Humanities
and Social Science can apply to this scheme. The
University will pay the standard masters fee towards your
postgraduate study with us.
To find out more…
• Please pick up a gold postcard
Estimating your entitlement
www.sheffield.ac.uk/bursaries
Help with Money Matters
www.shef.ac.uk/moneytools
Final Thoughts
• Most students put together a personalised funding
package drawn from a variety of sources
• The University may email you before you start your
course offering you scholarships, so please don’t
ignore these!
• Our students say that the University experience is
worthwhile, academically, socially and financially
• And Finally… an average graduate earns £12,000
per year more than a non graduate (ONS 2011)