Finance
Tuition Fees and Funding
The tuition fees for September 2012 are £9,000 (subject to OFFA approval).
Student loans to cover tuition fees are available from Student Finance England. Tuition fee loans are not repayable until earnings exceed an amount to be agreed by the government. Trainees who wish to self-fund tuition fees are required to pay their fees in full at the beginning of the course.
Maintenance Loan
In addition to the tuition fee loan, trainees can also apply to Student Finance England for a maintenance loan. This loan is to assist with maintenance costs whilst on the course. Maintenance loans are not repayable until earnings exceed an agreed amount (as above).
Maintenance Grant or Special Support Grant
A maintenance grant or special support grant is available on a means-tested basis for all UK applicants from Student Finance England. This grant does not have to be repaid.
Primary Training Bursary
For the academic year 2012/13 the Government has introduced a new system of financial incentives for trainees with good degrees wanting to train as primary teachers. Bursaries are available for trainees on eligible postgraduate courses in England who are not employed as a teacher. Bursary amounts will vary depending on degree classification. See the table below:
|
Degree Classification
|
|
Bursary available
|
|
1st
|
|
£9,000
|
|
2:1
|
|
£5,000
|
|
2:2
|
|
£0
|
The 2012/13 bursary scheme recognises exceptional achievement outside of degree results and allows flexibility in some cases. In exceptional circumstances trainees may receive a higher bursary than their degree classification would otherwise allow. This allows the scheme to take account of, for example, trainees with a 2:2 and a PhD or proven exceptional subject knowledge gained from another career.
To find out if you are eligible for funding, please visit www.education.gov
Transport costs
LDBS SCITT takes part in the Transport for London student assisted travel scheme. This enables you to buy travel cards and bus passes at 30% off the equivalent adult rate to travel in the capital. See www.tfl.gov.uk for details.
