Higher education is an optional final stage of formal learning. Once young people have completed Level 3 qualifications, such as A Levels, T Levels, BTEC National Diplomas, the International Baccalaureate and some apprenticeships they may wish to continue their studies at degree level. However, some people may choose to study for a degree at a later stage of their life. There are many universities and colleges across the country offering a vast number of degree subject options.

For a number of professions, a degree is essential e.g., medicine, veterinary, dentistry, architecture. For other career areas such as business, retail and accountancy a degree may be an advantage.   

The financial implications surrounding studying for a degree will depend on the individual circumstances of the student concerned. Please note:

• Tuition fees are charged by universities and colleges to cover key elements of courses and academic life, as well as core services related to students’ wellbeing and experience on campus. 
• Most students will not have to pay any tuition fees whilst studying.
• The important thing to remember is that the amount you’ll repay will be based on how much you earn, not how much you borrow. Once you leave your course, you will only repay when your income is above the repayment threshold. The threshold you’re on depends on which repayment plan you’re on.
• Maintenance loans are available to help with some living costs.
• UK students (not EU) are entitled to Maintenance loans to help pay for essential expenses such as accommodation, food, books and travel etc.
• Non- repayable Grants are available for students where there is significant financial or health difficulties.
• Financial support may be available through scholarships and bursaries available depending on the course chosen, the place of study and the circumstances of the individual concerned.

Undergraduate Tuition Fees and Student Loans

For further information about degrees, university and higher education please visit www.ucas.com