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Student Loans in The United Kingdom

The Student Loans Company (SLC) is responsible for Student Finance England and is a delivery partner of Student Finance Wales and Student Finance NI. University Students resident in the United Kingdom are eligible for student loans and some students on teacher courses may also apply of the said loans. The Local Education Authorities, paid the students tuition fees and also provided a maintenance grant to help with living costs.

To those students that are eligible for the student loan are also entitled to a maintenance loan to help pay for living costs whilst at university and they are entitled to a set amount. To those living at home entitled to less amount and more to those living at universities. The maintenance loan for the 2009/2010 academic year was set at £2,763 for students living at home, £4,998 for students living in London and for students living at universities elsewhere in the United Kingdom was set at £3,564.

August 2, 2013 at 4:35 am by Author
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