Student Finance Calculator

Student Finance

Student finance calculator is used to estimate student loan & extra student funding (in case your children is disabled). This calculator is for those students from England or the European Union (EU) who wants to start a new undergraduate course in academic year 2018-19. The scheme is fully open till March 2019.

There will be no change in the status & the rights of European Union (EU) citizens residing in UK until 2021. You and your family can apply for “settled status” to continue living in UK after June 2021.

Calculation Of Student Finance Cost

Student finance cost includes your tuition fee loan, maintenance loan, child care grant & parents learning allowance. You can also apply for NHS funding and even apply for the following depending upon your circumstances –

  • NHS bursary or scholarship
  • Childcare allowance
  • Parent’s learning allowance
  • Extra weeks allowance
  • Practice placement expenses

STUDENT FINANCE CALCULATOR

Between September 2017 and August 2018

Between September 2018 and August 2019

UK student full-time

UK student part-time

EU student full-time

EU student part-time

The maximum is £9,250 for full-time students and £6,935 for part-time students.

Living with parents

Not living with parents and studying outside London

Not living with parents and studying in London

This is your parents’ or partner’s taxable income plus your own. It affects how much help you'll get with living costs.

You’ve got children under 17

An adult depends on you financially

You have a disability, health condition or learning difficulty, eg dyslexia

You’re on low income, eg you find it hard to pay for basics like food and accommodation

None of these

Teacher training

Dental, medical or healthcare

Social work

None of these

Doctor or dentist

Dental hygiene or dental therapy

None of these

The maximum is £9,250 for full-time students and £6,935 for part-time students.

You have a disability, health condition or learning difficulty, eg dyslexia

You’re on a low income, eg you find it hard to pay for food and accommodation

None of these

Teacher training

Dental, medical or healthcare

Social work

None of these

Yes

No

The maximum is £9,250 for full-time students and £6,935 for part-time students.

UK student full-time

UK student part-time

EU student full-time

EU student part-time

The maximum is £9,250 for full-time students and £6,935 for part-time students.

Living with parents

Not living with parents and studying outside London

Not living with parents and studying in London

This is your parents’ or partner’s taxable income plus your own. It affects how much help you'll get with living costs.

You’ve got children under 17

An adult depends on you financially

You have a disability, health condition or learning difficulty, eg dyslexia

You’re on low income, eg you find it hard to pay for basics like food and accommodation

None of these

Teacher training

Dental, medical or healthcare

Social work

None of these

Yes

No

This is your parents’ or partner’s taxable income plus your own. It affects how much help you'll get with living costs.

You’ve got children under 17

An adult depends on you financially

You have a disability, health condition or learning difficulty, eg dyslexia

You’re on low income, eg you find it hard to pay for basics like food and accommodation

None of these

Teacher training

Dental, medical or healthcare

Social work

None of these

Yes

No

The maximum is £9,250 for full-time students and £6,935 for part-time students.

Living with parents

Not living with parents and studying outside London

Not living with parents and studying in London

This is your parents’ or partner’s taxable income plus your own. It affects how much help you'll get with living costs.

Ask your university or college if you're not sure.

Ask your university or college if you're not sure.

You have a disability, health condition or learning difficulty, eg dyslexia

You’re on a low income, eg you find it hard to pay for food and accommodation

None of these

Teacher training

Dental, medical or healthcare

Social work

None of these

The maximum is £9,250 for full-time students and £6,935 for part-time students.

Please Click The Calculate Button

* This calculator is only for reference purposes. For accurate and detailed report, please consult with an accountant. *

You may also get help with the travel cost for study or work placements. You have to only payback the student loan. No grants, bursaries & allowances are paid back.

Before calculating the cost of student finance, make sure that you are having the following information readily available –

  • Your annual household income
  • When you are starting your undergraduate course (Only one window available i.e. September 2018 to August 2019)
  • Are you applying full time or part time?
  • How much is your tuition fees per year (Maximum £9250 for full time students & £6935 for part time students)
  • Whether you are living with your parents in London or living alone and studying inside or outside London
  • You may also get extra funding in case –
    • If you are having a children below 17 years
    • If any adult is financially depends upon you
    • If you are having a disability, health condition or learning difficulties. For ex - Dyslexia
    • If your income is too low
  • Whether you are doing training courses such as Teacher training, dental, medical or healthcare training, social work involvement etc.

By giving answer to all these simple questions, you can easily estimate the student finance cost with the help of student finance calculator.

IF YOU ARE NOT ABLE TO ESTIMATE STUDENT FINANCE COST, USE THE STUDENT FINANCE CALCULATOR BELOW TO FIND IT RIGHT NOW.

Read Also: How to Open a Student Bank Account in the UK?