Funding Medicine as a Second Degree student from 2019/2020 Sally - PowerPoint PPT Presentation

Funding Medicine as a Second Degree student from 2019/2020 Sally Addison – Student Funding Office

What We Will Discuss Today Funding entitlement to study : • 5 year Medicine (Mb Chb) Programme • 4 year Fast-Track Medicine Programme

Student Funding Providers • This presentation covers Student Finance England and Student Finance Wales policy and figures for 2019 starters • Contact SFNi and SAAS directly : SFNi : 0300 1000 077 SAAS : 0300 5550 505

Student Finance England Funding to study the 5 year Medicine (Mb Chb) Programme • Years 1-4 eligible to apply to SFE, not eligible for SFE Tuition Fee Loan – liable to pay tuition fees yourself in years 1-4 • Amount of SFE Maintenance Loan depends on household income (HHI) • SFE will assess on parents HHI if aged under 25 SFE will assess as independent if aged over 25 on 1 st September • • Maximum SFE Maintenance Loan in 19/20 = £8994 (if HHI under £25,000)

NHS Grants Unit Funding to study the 5 year Medicine (Mb Chb) Programme • NHS will pay full Tuition Fee Grant • NHS Bursary for living costs does not need to be repaid • NHS will assess on parents HHI regardless of student age • Maximum NHS Bursary in 19/20 = £2643 + possible Extra Weeks’ Loan (£84pw) • All students are eligible for £1000 non means-tested Grant

Student Finance Wales Funding to study the 5 year Medicine (Mb Chb) Programme • Years 1-4 only eligible to apply to SFW, not eligible for SFW Tuition Fee Loan – liable to pay tuition fees yourself in years 1-4 • Amount of Maintenance Loan depends on household income (HHI) • Will be assessed on parents HHI if aged under 25. Will be assessed as independent if over 25 on 1 st September • • Maximum SFW Maintenance Loan in 19/20 = £8225 + £1000 NMT Grant • Maximum NHS Bursary in 19/20 = £2643 + possible Extra Weeks’ Loan (£84pw) • Eligible for reduced rate SFE Maintenance Loan of £4110 in year 5 NHS funded year

Student Finance England Funding to study the 4 year Fast-Track Medicine Programme • Eligible for SFE Tuition Fee Loan each year + NHS Fee Grant in years 2-4 • Eligible for full SFE Maintenance Loan in year 1 (up to £8994 depending on HHI) • Eligible for reduced rate SFE Maintenance Loan in years 2-4 • Maximum NHS Bursary in 19/20 = £2643 + possible Extra Weeks’ Loan (£84pw) • All students are eligible for £1000 NHS non means-tested Grant • NHS will assess on parents HHI regardless of student age

Student Finance Wales Funding to study the 4 year Fast-Track Medicine Programme • Eligible for SFW Tuition Fee Loan each year + NHS Wales Fee Grant in years 2-4 • Eligible for full SFW Maintenance Loan in year 1 (£8225 + £1000 NMT Grant depending on HHI) • Eligible for reduced rate SFW Maintenance Loan of £4110 in years 2-4 • Maximum NHS Wales Bursary in 19/20 = £2643 + possible Extra Weeks’ Loan (£84pw) • All students are eligible for £1000 non means-tested Grant • NHS will assess on parents HHI regardless of student age

University Bursaries & Scholarships Second Degree students are NOT Eligible for any University Bursaries at Bristol Students can enter their details into the search facility to see if they are eligible for any scholarships https://www.bristol.ac.uk/fees-funding/search/

Financial Assistance Fund (FAF) • Student Funding Office administers FAF • FAF is to help students in financial difficulty – can only assess for living costs help NOT tuition fees • FAF looks at student income and expenditure, not the parents’ • Any awards made are in the form of a non repayable grant

Student Funding Office • Ground Floor, SENATE HOUSE • Open 9am – 4pm, Monday to Friday SFO help with • SFE issues • Hardship funds • Short term loans

Need Further Advice? Please get in touch with us in Student Funding Office Email : student-funding@Bristol.ac.uk 0117 331 7972