Undergraduate Student Finance
This is part of our information on money matters covering sources of funding.
This page covers the financial support available to undergraduate students from the UK and includes financial support available from the Government and 麻豆視頻_麻豆直播_麻豆传媒官网.
The information on Government support refers to UK students funded by Student Finance England (SFE)
For students who live in Wales, Northern Ireland or Scotland, there are different funding bodies depending on which country you live in. You should follow the relevant link below to funding available and how to apply.
For EU students please see GOV.UK.
How can the University Support you?
It is advised that you read the information here about Undergraduate Student Finance as a first step if you want guidance or advice. If you should require more information please book an appointment with the Student Advice and Support Service.
Loans
Tuition fee loan
麻豆視頻_麻豆直播_麻豆传媒官网 currently sets its fees at £9,535 per year for UK/EU students. The tuition fees for 2025-26 are confirmed at £9,535. Fees may increase for subsequent years of study. If you normally live in England you can apply to Student Finance England for a tuition fee loan up to a maximum of £9,535 regardless of household income and this money is paid directly to the University. You need to re-apply each year for the tuition fee loan.
Time limits: You should apply for your tuition fee loan in good time in advance of the academic year, as advised by SLC. The legal deadline to apply for a tuition fee loan is 31st May in the year after the academic year starts.
Maintenance Loan
Student Finance England also offer a maintenance loan towards living costs. It is normally paid at the beginning of each term. The amount available depends on the household income and an assessment is carried out using the income for the tax year before the academic year being funding. It is important to remember to apply each year.
Time limits: You should apply for your maintenance loan in good time in advance of the academic year, as advised by SLC. The legal deadline to make a new application for a maintenance loan is 31st May in the year after the academic year starts. You can ask for additional maintenance loan based on your household income until 31st July in the year after the academic year starts.
SFE maintenance loan information - https://www.practitioners.slc.co.uk/products/full-time-undergraduate-education/full-time-maintenance-loan/
Student Finance England Maintenance Loan Rates 2025/26
These figures will apply whichever university you attend (EXCEPT London universities). These rates are for non-final year and non-placement year students.
Student living at Loughborough (‘elsewhere’ rate)
Household Income |
Non-Final Year |
Final Year |
---|---|---|
£25,000 |
£10,544 |
£10,299 |
£35,000 |
£9,791 |
£8,788 |
£45,000 |
£7,532 |
£7,347 |
£55,000 |
£6,026 |
£5,906 |
£62,347 or higher |
£4,915 (+) |
£4,800 |
Student living at home
Household Income |
Non-Final Year |
Final Year |
---|---|---|
£25,000 |
£8,887 | £8,353 |
£35,000 |
£7,387 | £6,863 |
£45,000 |
£5,897 | £5,373 |
£55,000 |
£4,407 | £3,883 |
£58,201 or higher |
£3,907 | £3,590 |
Students will qualify for the maximum loan where their household income is £25,000 or less.
Separate tuition fee loan of up to £9,535 is available regardless of income. Tuition fees may rise in future years.
Wales, Scotland and Northern Ireland students receive different funding.
All Student Finance loans are subject to eligibility and other terms and conditions. For more details including how to apply see: https://www.gov.uk/apply-for-student-finance
If household income has dropped
A current year income assessment can be carried out by SFE if it is anticipated that the current household income will be at least 15% lower than in the tax year used for a standard assessment. For 25/26 academic year the standard assessment uses household income figures from 23/24 tax year. Reassessment has the potential to increase your maintenance funding but is subject to finalisation at the end of the tax year when you will have to provide evidence confirming the actual income received.
It is also important to be aware that some lump sum payments including those from a redundancy or pension will be treated as taxable income so will have the effect of increasing rather than decreasing the household income, when being assessed on Current Year Income. We recommend that you contact us for advice on Current Year Income before you apply. If you choose to be assessed on current year then Student Finance do not permit you to revert to the standard prior year assessment if your income is higher using the current year figures.
Time limits: If you have already applied for a maintenance loan, you can request a current year income assessment until 31st July in the year after the academic year starts.
For more details see https://www.gov.uk/support-child-or-partners-student-finance-application/current-year-income
Study abroad/ Turing year
If you are going to study abroad in one of Loughborough’s exchange partner universities or on an official Turing exchange, the statutory funding you will be eligible for is explained on the University webpage below. You may also be eligible for a mobility grant or a widening participation grant.
https://www.lboro.hslppt.com/study/overseas-exchange/outgoing/before-you-leave/finance/
You can find more information on financial matters related to study abroad and Turing year here.
Placement year
If you are going on an official placement year your funding is likely to be different to funding for study years.
For placements or study abroad in 24/25 academic year click here.
Student Finance Eligibility for non-UK nationals and people living outside of the UK
Rules regarding eligibility are complex and there are many categories of people who may be eligible for tuition fee loans only, or both tuition fee loans and maintenance loans. If you are planning to rely on student finance to fund your studies you should check your eligibility carefully and submit your application in good time before you start your course.
In some circumstances, students can now become eligible to receive student finance during the course.
Please see the following websites for further information:
https://www.ukcisa.org.uk/student-advice/finances/funding-your-studies/
Repaying
You will begin to repay your tuition fee loan and maintenance loan from the April after you graduate or stop studying if your income is over the threshold set by Student Loans Company. Further information on repaying your student loan can be found below.
Important: Undergraduate students who started their course prior to September 2023 have “Plan 2” repayment terms. Those starting from September 2023 have “Plan 5” repayment terms.
麻豆視頻_麻豆直播_麻豆传媒官网 Bursary
The University has its own scholarship scheme called the 麻豆視頻_麻豆直播_麻豆传媒官网 Bursary.
You can find more information about the Loughborough university Bursary here: Bursaries and Scholarships | Student Handbook | 麻豆視頻_麻豆直播_麻豆传媒官网 (lboro.hslppt.com)
麻豆視頻_麻豆直播_麻豆传媒官网 Bursary for unpaid placements
For students who intend to undertake an unpaid placement year, there is the possibility of applying for the 麻豆視頻_麻豆直播_麻豆传媒官网 Bursary for Unpaid Placements (LBUP).
This bursary is open to UK undergraduates only and is assessed on household income. To qualify for the limited bursaries available, your household income should be £25,000 or below. Confirmation of this will be based on information the University receives from SFE (as long as you and your parents give consent).
See "working out your finances" on our Placements and Study Abroad page.
Other University Bursaries/Scholarships
For a detailed list of scholarship/bursary opportunities, please see the University's webpage: https://www.lboro.hslppt.com/study/undergraduate/fees-funding/scholarships/
Frequently Asked Questions
How much money do I need to live on?
Please see our Budgeting whilst at university webpage which gives some sample budgets for different types of students with an indication of how much you need to live on.
All figures are intended as guidance only and may vary depending on personal preferences or external factors that affect the cost of living.
What if I have children or dependent adults?
If you are a student with caring responsibilities, you may qualify for extra financial support. SFE offers a Childcare Grant, Parents' Learning Allowance, and an Adult Dependants' Grant for full-time students, subject to income assessment.
What if I am a carer, estranged or a student with care experience?
What is disabled students allowance (DSA)?
Disabled Students Allowance is a targeted grant that can pay for study related costs which may be incurred at university as a result of a long term medical condition, sensory impairment, specific learning difference, mental health issue, autistic spectrum condition or physical disability.
Further Guidance
Last Updated: 17th September 2025