Money

How do I apply for student funding?

There are three ways to apply: online, by downloading a form to complete by hand, or by asking your local authority for a form. New students need to complete form PN1. Continuing students use form PR1. You need to apply for funding each year.

http://www.studentfinancedirect.co.uk/portal/page?_pageid=53,1259548&_dad=portal&_schema=PORTAL

What student funding will I get from the government?

Much depends on your and or your family’s income. All students can apply for a Tuition Fee Loan and for 75% of the Maintenance Loan. The other 25% is means tested on income. If income is low, you may also be eligible for part or all the Maintenance Grant. There are also grants for disabled students, students with children and part time students.

The home/EU tuition fee for the academic year 2008-9, is £3145.

The maintenance loan for 2008-9 for a student outside London is: £4625.

The maximum maintenance grant is: £2835

More information from: http://www.direct.gov.uk/en/EducationAndLearning/UniversityAndHigherEducation/StudentFinance/index.htm

What student funding will I get from the University?

The University has a Warwick Undergraduate Aid Programme (WUAP) that provides scholarships for students who are from lower income homes. For more information see:

http://www2.warwick.ac.uk/services/academicoffice/ourservices/funding/prospective/home

Also see the University’s “Funding your Studies” booklet:

http://www2.warwick.ac.uk/services/academicoffice/ourservices/funding/prospective/funding_your_studies.pdf

I have run out of money. What can I do?

Undergraduate or postgraduate, full or part time HOME students can apply to the University’s Access to Learning Fund. This is money from the government and is allocated on a discretionary basis of need. There is an application form you can download from the website:

http://www2.warwick.ac.uk/services/academicoffice/ourservices/funding/current/hardshipfunds/

Alternatively, you can collect a form from the Student Funding Office in University House, telephone: 024 7615 0096, email: studentfunding@warwick.ac.uk or from The Student Advice Centre.

Where can I get help with my debts?

The Student Advice Centre can help with consumer and other debts by arranging a debt payment plan with your creditors. This plan wouldn’t include your Student Loan because that loan is repaid under special circumstances, i.e., no repayments until the April after you graduate and repayments fixed to your earned income automatically deducted from your salary through the tax system.

I am an international student. How do I open a bank account?

There are three banks on campus:

Barclays Bank: 024 7681 4200

HSBC Bank: 0845 583 5996

Natwest Bank: 024 7641 5152

You should be able to open a basic bank account. This kind of account allows you to pay money in and take it out with a cashcard but does not give you a chequebook. Natwest Bank will give you a debit card with their basic bank account.

There are other kinds of accounts for which you may get more facilities but have to pay a fee.

A bank will ask you for proofs of identity, student status, address in the UK you’re your home address overseas.

Contact the International Office for more information:

http://www2.warwick.ac.uk/services/international

email: int.office@warwick.ac.uk

I am an international student. I am having difficulties paying my tuition fees

This is a serious matter that you should discuss with the Finance Office. Under some circumstances, you may be able to defer the payment of tuition fees or make an arrangement to pay by instalments. There is very little financial help available for international students. Be aware that you would not be able to graduate if you have not paid your fees.

Do I pay the home or international rate of tuition fee?

There is a general rule for paying the home rate of tuition fee. You must be permanently settled in the UK on the 1 September before a course starting in the autumn, you must have been ordinarily resident in the UK for the three years immediately preceding that date and during those three years you must not have been resident wholly or mainly for the purpose of full time education.

However there are a number of exceptions to this rule and if you think you may be eligible to pay the home rate of fee, seek advice from Advice and Welfare Services.

Also see the UKCISA website:

http://www.ukcisa.org.uk/student/fees_student_support.php

Other Useful Websites

http://www.nationaldebtline.co.uk/

http://www.money4medstudents.org/index.asp?id=1

http://www.financial-ombudsman.org.uk/

http://www.studentcalculator.org.uk/international/

http://studenttaxadvice.direct.gov.uk/