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HE Financial Support

We know that money can sometimes be a worry when studying for a degree, but the good news is that HE financial support is available and you may be eligible for a Tuition Fee Loan and/or a Maintenance Loan. 

Tuition Fee Loans are available through Student Finance England, up to £9,250. This loan is paid directly to Petroc. 

Maintenance Loans are provided by the Government, and can help you with living costs (e.g. rent, bills, food, nights out). The loan is paid directly into your bank account at the start of each term. 

You will need to repay your loan at 9% of your income over and above £25,000. However, you won’t have to repay your loan until you earn at least £25,00 per year. If your earnings drop below £25,000, your loan repayments stop. If you have not cleared the balance after 40 years, it will be written off. All repayments are deducted at source from your pay.

To find out if you are eligible for a loan, and to apply, visit www.gov.uk/student-finance

Funds available and how to apply

Need further assistance?

Please get in touch with the Advice & Guidance Centre:

North Devon
01271 852422
Tiverton
01884 235330