Student Finance at Newcastle University

Navigating student finance can feel daunting. This guide provides an overview of the financial support available to students at Newcastle University (NCL).

Tuition Fees

The standard tuition fee for undergraduate home (UK) students at NCL is currently £9,250 per year. International students will pay higher fees, varying depending on the course. You don’t need to pay these upfront. Most eligible students can apply for a Tuition Fee Loan from Student Finance England (or the relevant funding body for Wales, Scotland, or Northern Ireland) to cover the full cost.

Maintenance Loans

To help with living costs like rent, food, and bills, you can apply for a Maintenance Loan. The amount you receive depends on your household income (your parents’ or partner’s income if you live with them) and where you study. Students studying in London typically receive a higher loan than those studying elsewhere. You’ll need to provide details of your household income during the application process.

Newcastle University Bursaries and Scholarships

NCL offers a range of bursaries and scholarships to support students from diverse backgrounds. These are often based on academic achievement, financial need, or subject of study. The NCL Support Package is a key offering, potentially providing a cash bursary to eligible students based on household income. Check the university’s website for a comprehensive list of available funding and eligibility criteria. Scholarships might require a separate application in addition to your UCAS application.

Applying for Student Finance

Applications for student finance typically open in early spring for the upcoming academic year. Apply online through the Student Finance England website (or the relevant funding body for your region). It’s crucial to apply early, even if you haven’t finalized your university choice, to ensure your funding is in place for the start of term. You’ll need your course details, national insurance number, and household income information. Remember to reapply each year of your course.

Repaying Your Loan

You won’t start repaying your student loan until you’re earning above a certain threshold. This threshold varies depending on the repayment plan you’re on, which is determined by when you started your course. Repayments are taken automatically from your salary, like tax and national insurance. If your income falls below the threshold, repayments stop. Any outstanding loan balance is written off after a set period (typically 30 or 40 years, depending on your plan).

Additional Support

Newcastle University’s Student Wellbeing Service offers advice and guidance on all aspects of student finance. They can help you understand your funding options, manage your money, and access additional support if needed. They also provide information on budgeting, debt management, and hardship funds.

Important Resources

• Student Finance England: gov.uk/student-finance
• Newcastle University Finance Information: Search “Newcastle University Student Finance”

Understanding student finance is vital for a smooth university experience. Take the time to research your options, apply early, and seek help if you need it.