Higher Education Finance
If you are attending, or are hoping to attend, a Higher Education course and you require advice on any of the following; the Student Services Finance Adviser may be able to help you.
- Applications to the Student Loan Company for Loans and Grants
- Advice on student funding including University Centre Colchester scholarships
- Access to Learning Funds
- Self-financing or work supported study.
We encourage you to apply for a full-time loan as soon as possible, even if your place is not yet confirmed.
To learn more about loans and how to apply for a loan please see Student Finance England.
These downloadable guides include information on:
- Money you may be entitled to
- How and when your money will be paid
- Repayment examples an example of repayments rates for when earn above the threshold after graduating.
Student Finance England’s new Postgraduate Loan application service is now open! If you plan to take a postgraduate master’s course from 1 August 2016, you may be able to get a Postgraduate Loan of up to £10,000 to help with course fees and living costs.
The loan isn’t means tested, so is not dependent on your income or your family’s income. The quickest and easiest way for students to apply is online at: https://www.gov.uk/postgraduate-loan
For further information on Postgraduate Loans, students can visit SFE’s student finance zone on The Student Room which has been updated with a dedicated Postgraduate Loan section and includes answers to some of the most frequently asked questions.
Access to Learning Fund
Under current government legislation Hardship Funds have been established to provide discretionary support to certain categories of student. If you think your financial circumstances may prevent you from attending a full-time or part-time higher education or sandwich course, then you may be eligible for financial support from the Access to Learning Fund.
Further information can be obtained from the Student Finance Adviser at University Centre Colchester.
Self-funded or Sponsored Students
We accept payments by instalment using FlexED. This is ideal for students who may be doing a 2nd degree, a self-funded postgraduate course or who is being sponsored by their employer.
Please click here to find out more about FledEx or speak to our team, for more information about out how this method of payment can work for you.
Career Development Loans
If you do not qualify for student finance, e.g 2nd Degree or post graduate study you may be able to apply for a Career Development Loan.
Professional and Career Development Loans are bank loans used to pay for courses and training that may help with your progressing your career or helping get you into work.
A government initiative, you may be able to borrow between £300 and £10,000. Subject to terms and conditions.
Loans are usually offered at a reduced interest rate and the government pays interest while you’re studying.
Please see https://www.gov.uk/career-development-loans/overview for more information on terms and conditions.
We also accept the ELC credits from the Ministry of Defense The ELC scheme provides financial support in the form of a single up-front payment in each of a maximum of three separate financial years.
ELC funding is only available for pursuit of higher level learning i.e. for courses that result in a nationally recognised qualification at Level three or above on the National Qualifications Framework (NQF) (England and Wales).
Please speak to our team who are able to process the claim for using your credits at University Centre Colchester.
Disabled Students’ Allowance (DSA)
As a higher education student living in England, you can apply for a Disabled Students’ Allowance (DSA) if you have a disability, including a:
- long-term health condition
- mental health condition
- specific learning difficulty, eg dyslexia
You can get help with the costs of:
- specialist equipment, eg a computer if you need one because of your disability
- non-medical helpers
- extra travel because of your disability
- other disability-related costs of studying
Please find below the tuition fees for Higher Education courses. Scholarships will be available for some students.These fees do not apply to existing students. Continuing students can get their latest course fee information from HE Operations.
2016 Single Module UG/PGT (Max 30 credits)
|Course type||Fee per annum|
|15 Credit Module P/T||£800|
|30 Credit Module P/T||£1,600|
All new ELQ (Equivalent or lower qualifications) entrants will pay ‘normal’ fee level from September 2012.
If you have recently lived outside the European Union then you may be liable to pay higher fees. If you are unsure of your status contact our International Admissions Officer on (01206) 712150.
If you are continuing student and you have already studied at undergraduate level you may be liable to pay a higher fee. For further information please contact the Student Finance Advisor on (01206) 712446.
Applications for Financial Assistance can be made online at GOV.UK
Under current government legislation, Access to Learning Funds have been established to provide discretionary support to certain categories of student. If you think your financial circumstances may prevent you from taking a full-time or part-time higher education course, you may be eligible for financial support from the Access to Learning Fund. Further information can be obtained from the Student Finance Adviser: (01206) 712446.
For further information please contact Registry (01206) 712555.
Higher Education Fees Policy 2016/2017
Bursary for Students Commencing in September 2016
University Centre Colchester Travel Scholarship
The University Centre Colchester Travel Scholarship (UCCTS) has been created by University Centre Colchester to help eligible students from low income households with the costs of attending higher education study. The UCCTS is in addition to any other loans and grants that students might receive.
Under the Travel Scholarship programme University Centre Colchester will be offering scholarships to new students commencing undergraduate courses in September 2016.
Applicants will be required to meet qualifying criteria and apply through their student loan application.
Travel Scheme Benefits
For full time students the scholarship normally comprises a £500 travel payment in the first year of study.
For part time students the scholarship comprises a pro-rata travel payment.
To apply for the UCCTS you must meet the following criteria:
- Be ordinarily resident in England and eligible for UK home fees;
- Have an annual declared household income of £25,000 or less;
- Register for a Bachelors or Foundation Degree, Cert HE, Dip HE or HNC/HND at University Centre Colchester with first enrolment in 2016-2017;
- Be enrolling for the first year of your higher education study at University Centre Colchester;
- Apply to University Centre Colchester for degree level study;
- Apply to Student Finance England for student finance.
In addition you are not eligible for the UCCTS regardless of meeting the above criteria if you are:
- A student directly continuing from one course to another (for example from a foundation degree or HND on to the final year of your honours degree);
- A student transferring to University Centre Colchester from another institution;
- A student undertaking a postgraduate qualification;
- Any student whose fees are paid or part-paid through a sponsorship arrangement.
- The scholarship is intended to provide support with travel to the college or other locations required by the course..
- University Centre Colchester will provide the travel payment in the form of a bus pass, rail card or valid ticket reimbursement.
- No cash alternatives will be offered for the travel payment.
- Applicants must be able to provide evidence of conditions of the scholarship (household income).
- Applicants will only be approved if they provide adequate proof to the Student Loan Company regarding their household income. Successful applicants will be advised prior to September 2016.
- Those unable to provide proof of their household income through the Student Loan Company would be required to provide proof of assessment through an equivalent third party organisation. University Centre Colchester reserves the right to refuse evidence from any third party organisation if it is deemed inappropriate.
How to Apply
To apply for the University Centre Colchester Travel Scholarship complete the application form and send to the Higher Education Admissions Department.
To apply for the UCCTS please complete an application form which can be downloaded here. If you have any queries about the UCCTS please ring 01206 712777 or email email@example.com. For more information on applying for student finance please go to www.studentfinance.direct.gov.uk