A GUIDE TO STUDENT FINANCE - 2021 Entry - Bangor University
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A GUIDE TO
STUDENT FINANCE
2021 Entry
FINANCING
YOUR
STUDIES
• As a full-time • Bangor University
undergraduate student* scholarships and
you will have two main bursary awards are
costs to meet: your available to provide extra
tuition fees and your financial help (see pages
living costs (see pages 10-15).
4-9).
• We are keen to help
• There are no up-front you as much as we can
tuition fees – payment is on financial matters –
made with a Tuition Fee advice is available before
Loan and payment of you apply and while
the loan is deferred until you are studying from
after you graduate (see the Money Support Unit
page 5). within Student Services.
• UK students can apply • For more information,
for a Maintenance Loan please visit the website:
to help cover your living www.bangor.ac.uk/
costs (see page 6). studentfinance
• Non-repayable, Welsh *This leaflet mainly applies
Government Learning to full-time undergraduate
Grants will be available students from England
for students from Wales and Wales. Exceptions to
(see page 7).
this will be highlighted.
All other students should
visit the websites listed on
page 5.
3
STUDENT
FINANCE
You will have two main For students from Wales,
costs to meet as a full-time eligible students will receive a
undergraduate student: your Maintenance Grant of £1,000 a
tuition fees and your living costs. year and may also be eligible for
an additional means-tested grant
(see page 7).
The cost of your course, the
tuition fee, is a deferred payment
_ you pay the tuition fee with You can also apply for various
a Tuition Fee Loan that you Bangor University bursaries and
don’t have to pay back until you scholarships which could help
graduate and start earning over with your living costs (see pages
£26,575 a year (see page 5). 10-15).
Your living costs will include Most students have part-time
items such as accommodation, jobs during the holidays and/
food, books, clothes and travel. or term-time to help cover their
You can apply for a Maintenance costs. When you are here, the
Loan to help towards your living student employment bureau,
costs (see page 6). TARGETConnect, can help you
find part-time work, and the
work experience opportunities
available through the Skills and
Employability Service will also
enhance your CV.
4
Tuition fees - Additional course-specific
paying for your course costs
• There will be a tuition fee of £9,000 a year for • Depending on the course you are studying,
the 2021/22 academic year. For the most up-to there may be additional course-specific costs
date information, go to: www.bangor.ac.uk/ that you will be required to meet.
studentfinance
• These range from costs relating to a
• UK students will not have to pay the tuition fee particular core or compulsory module that
upfront. The deferred fee system means ‘study you’ll be required to complete to achieve
first, pay back when you’re earning’. your qualification e.g. compulsory field trips,
uniforms for students on placement, DBS
• You can defer payment of your tuition fee until check; costs relating to professional body
after you graduate through a Tuition Fee Loan. membership, travel to placements, specialist
The Tuition Fee Loan is paid directly to the software, personal safety equipment, or
University by the Student Loans Company on optional costs such as graduation events for
your behalf. your course, optional field trips, or Welcome
Week trips.
• Repayment of the Tuition Fee Loan starts as
soon as you earn over £26,575 a year. • Please see the course description on the
website for details of any additional course-
• You apply for your Tuition Fee Loan and specific costs.
Maintenance Loan on the same form, called the
Application for Student Finance (PN1) form. The
form can be completed on-line (see box on the
right).
• The Application for Student Finance (PN1) form Tuition fees information:
is expected to be available early in 2021. You
are advised to complete the form as soon as • For students from England:
possible in order to ensure that the financial
assessment is completed well before your www.gov.uk/student-finance
course starts in September 2021. • For students from Wales:
www.studentfinancewales.co.uk
• Eligible full-time UK students can apply for a
loan to cover the full amount of their tuition • For students from Scotland:
fees. The Tuition Fee Loan will be paid directly www.saas.gov.uk
to the university to cover the tuition fee costs on • For students from Northern Ireland:
your behalf.
www.studentfinanceni.co.uk
5
Maintenance Loans Extra Help
• Maintenance Loans are available to Depending on your individual
help you pay for living expenses such as circumstances, you may be eligible
accommodation, food, books, clothes and for financial support other than that
travel. This comes from the government described elsewhere in this leaflet.
via the Student Loans Company.
For disabled students, Disabled Students’
• Loan rates are based on where you live Allowances (DSA) help with costs you
and study, your household income and, if incur in attending your course, as a
you’re a student from Wales, the amount direct result of your disability, specific
of non-repayable grant you are entitled to. learning difficulty or long term health
condition. Depending on your needs, the
• Details of the 2021 Maintenance Loans DSA could, for example, provide support
are still to be announced and will be on for specialist equipment, a non-medical
the websites listed on page 5 and on helpers allowance, or help towards the
www.slc.co.uk. additional costs of travelling to university.
• You apply for your Tuition Fee Loan and Students with children or other
Maintenance Loan at the same time on dependants may be eligible for extra
the Application for Student Finance (PN1) assistance such as the Childcare Grant,
form. The form can be completed on-line the Adult Dependants’ Grant or the
(see details on page 5). Parents’ Learning Allowance – contact
your student funding organisation for
• The Maintenance Loan will be paid more information.
directly into your bank or building society
account in three instalments _ one at the
start of each term.
• A Maintenance Loan has to be repaid once
you leave your course and start earning
more than £26,575 a year. Deductions are
usually made through by your employer
in the same way as tax and National
Insurance contributions.
• Student loans attract a very low rate
of interest – at inflation levels plus 3%
whilst you study. This ensures that the
value of the loan that is repaid remains
the same in real terms as the amount you
borrowed.
6
Welsh Government
Learning Grant for
students from Wales
• A £1,000 minimum grant will be availabe
to all eligible students who live in Wales.
• Students from Wales may also be eligible
for an additional means-tested grant,
which will be based on taxable household
income.
• Students from homes with the lowest
household income received the highest
grant, up to £8,100 a year in 2020/21.
Figures for 2021 are yet to be confirmed.
• For the most up-to-date information go to:
www.studentfinancewales.co.uk
• Students from Wales can apply for a
Tuition Fee Loan, Maintenance Loan and
Welsh Government Learning Grant by
completing an Application for Student
Finance (PN1) form. This form can be
complete on-line via the Student Finance
Wales website.
• The Student Finance application form is
expected to be available early in 2021.
You are advised to complete the form
as soon as possible so that the financial
assessment is completed well before your
course starts in September 2021.
• Grants will be paid directly into your
bank or building society account in three
instalments, at the start of each term.
7
Help while Funding
you’re here Summary
At Bangor University, we are keen to • No up-front tuition fees – payment is
help you as much as we can on financial deferred until after you graduate.
matters. Many students face financial
problems at some time during their course. • You can apply for a Tuition Fee Loan that
The important thing is to seek help and is paid directly to the University by the
advice as soon as possible by contacting Student Loans Company on your behalf.
the Money Support Unit within Student
Services, the Academic Representation Unit • Repayment of the Tuition Fee Loan starts
in the Students’ Union or your Bank. as soon as you earn over£26,575 a year.
You might also be eligible for extra help • You can apply for a Maintenance Loan to
from the University after you start your help cover your living costs.
course. Bangor’s Hardship Fund exists to
provide financial help to students who face • For students from Wales, eligible
unexpected financial difficulties in meeting students will receive £1,000 Welsh
living costs for whatever reason. Government Learning Grant and may also
be eligible for an additional means-tested
Any payment made may not have to be paid grant.
back - details of eligibility and how to apply
is available from the Money Support Unit • Extra financial support is available for
within Student Services once you are here. some categories of students, for example,
those with dependants, disabled students.
To contact the Money Support Unit:
Tel: 01248 383566 / 383637 • For more information, please visit:
E-mail: moneysupport@bangor.ac.uk www.bangor.ac.uk/studentfinance
8
9
BURSARIES &
SCHOLARSHIPS
As you would expect from a
university that places great
emphasis on student support,
we are keen to offer extra help
to students. Bangor University
offers a range of bursaries and
scholarships worth over £3.4M to
new and returning students.
The bursaries offered at
the University are awarded
according to certain criteria – for
example, the Bangor Bursaries
are awarded to those whose
household income makes them
eligible for such a bursary
payment. As long as you meet the
criteria and have completed the
necessary student finance form,
then you should automatically
receive the relevant bursary
award.
However, the majority of the
Scholarships offered by the
University are awarded upon
merit. For example, those who
excel in the University’s Entrance
Scholarship examinations can
be awarded Merit Scholarship
awards worth up to £3,000.
10Bangor Bursaries
For those from the UK (excluding Wales1) the How much will you be eligible for?
Bangor Bursary means you could receive up to
£3,000 in extra financial help over the duration • If your household income is below
of a three-year course. £25,000 you will receive a Bangor
Bursary of £1,000 a year.
Bangor Bursaries are available on top of any
loans and other University bursaries you may • If your household income is between
be eligible for and they do not have to be paid £25,000 and £40,000 you will receive a
back. Your eligibility for a Bangor Bursary Bangor Bursary of £500 a year.
depends on:
• As you need to complete the student
• your taxable household income: all those finance application form every year,
with a household income below £40,000 will then the amount of Bangor Bursary
get a bursary of either £1,000 or £500 a year you may be eligible for may also
from the University and change from year to year.
• the course you are studying; you must • Depending on household income and
be studying on a full-time undergraduate the subject area studied, some PGCE
course2 with a tuition fee of £9,000 payable students will also be eligible to receive
to Bangor University. Bangor Bursaries. This will apply
to PGCE students with a household
Your eligibility for a Bangor Bursary will be income below £40,000 who are not
assessed as part of the statutory means eligible for ITT training grants.
test carried out by your student finance
organisation, when you complete the student
finance application form. You do not have to 1 Students from Wales - please see page 7 for
apply directly to the University for a Bangor information on the minimum £1,000 Maintenace
Bursary – you will be assessed automatically Grant and possible additional Maintenance Grant
and awards paid from the 1 March each that may be available to you.
academic year. 2 Please note, students in receipt of other bursary
payments (e.g. NHS, Health & Social Care Council)
will not be eligible for the Bangor Bursary scheme.
11Other Bursaries
Start-up Bursaries
Start Up Bursaries of £1,000 are available
to students entering the University from
care, former Foyer residents and estranged
students. These are intended to cover
course-related costs such as books, travel
and study aids. These are non-repayable
bursaries, paid in the first year only.
Carers’ Bursary
The University is aware that caring may
have financial implications with students
experiencing higher travel costs and or find
themselves less able to work part-time to
supplement their student finance awards.
Bangor University offers unpaid student carers
an annual bursary of up to £1,000.
Welsh-medium Bursary
As part of the Welsh Government’s drive to
increase the number of students studying
through the medium of Welsh, Bangor has
bursaries to support those who choose to
study all or part of their course through the
medium of Welsh. Full details are in the
Welsh-medium version of this leaflet
12Bangor Scholarships
Bangor offers one of the most generous Entrance Scholarship examinations
undergraduate scholarship schemes in the are currently offered in the following
UK, with around £100,000 awarded each subjects: Biology, Business Studies,
year to undergraduate students. You must Chinese, Computing, Design & Technology,
apply for the Scholarships detailed below Economics, English Language, English
and overleaf. Literature, Electronics, French, German,
Geography, Health & Social Care, History,
Entrance and Merit Scholarships Italian, Law, Mathematics, Media Studies,
As part of Bangor’s Entrance Scholarships Music, Philosophy, Physics, Psychology,
scheme, there are approximately 40 Merit Religious Studies, Sociology, Spanish, Sport
Scholarships of up to £3,000 available to & Exercise Science, Theatre Studies, Welsh
those who excel in the University’s annual (First or Second Language).
Entrance Scholarships examinations.
The successful candidates will receive the
To be considered for the Merit Scholarships, Merit Scholarship in the first year, with
you have to: the award being made at a presentation
ceremony usually held at the end of the
• complete an Entrance Scholarships autumn term.
application form (the closing date is
Friday, 12 February 2021 for the 2021 Other Entrance Scholarships
Entrance Scholarships) Bangor’s Entrance Scholarships also
include a number of trust fund scholarships,
• sit an examination in the subject of your scholarships awarded by local authorities in
choice, (with the exam being held at your Wales, and subject scholarships such as the
school/college on Thursday, 4 March School of Law Scholarship, Normal Fund
2021). Scholarship (Education), Computer Science
Scholarship and the Electronic Engineering
Scholarship.
For more information on all the Entrance
Scholarships, please request a copy of the
Entrance Scholarships Handbook or go to:
www.bangor.ac.uk/scholarships
13Sports Scholarships Summary
Bangor’s Sports Scholarship scheme The scholarships and bursaries for
aims to recognise and support sporting September 2021 include:
excellence and achievement.
• Bangor Bursary (available to those from
The Scholarships, which are worth up the UK (excluding Wales*) and the EU
to £3,000 a year, aren’t limited to any to support those from lower income
particular sport or to students on any families.
specific courses. However, in most
cases, preference will be given to those • Start-up Bursary of £1,000 for Care
individuals who will be able to represent Experienced and Estranged students.
Bangor University in the British University
and Colleges Sport (BUCS) competitions. • Merit Scholarships of up to £3,000 for
those who excel in the annual Entrance
To be eligible for consideration for a Sports Scholarships examinations.
Scholarship, you must:
• Be likely to achieve a podium, or points
scoring position, at the appropriate BUCS * Students from Wales – please see page
championship 7 for information on the minimum £1,000
Welsh Government Learning Grant and
• Be a European, Commonwealth or World possible additional grant that may be
level competitor in your chosen sport available to you.
• Not currently be competing in a sport or
at a level that provides prize money.
For UCAS applicants, the deadline for
applications for the Sports Scholarship is
March 31, 2021. Full details of the Sports
Scholarships criteria and the application
form are available on the website at:
www.bangor.ac.uk/sportscholarship
Please note: Bangor University has taken all possible
steps to ensure that the information contained in this
booklet is correct at time of publication (October 2020).
However, the information may be subject to change if
decisions taken either inside or outside the University
affect policies and procedures regarding fees,
bursaries, grants and loans.
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