Financial support for Full Time Undergraduate students from Northern Ireland
Tuition Fee Costs for UK and EU Students
For 2023/24, Bangor University will charge a tuition fee of £9,000 a year for full time undergraduate degree courses. Payment of tuition fees can be deferred until after you finish your studies, if you opt to take out a Tuition Fee Loan. Alternatively, you can pay your fees whilst you study.
The Tuition Fee Loan is available regardless of family income. However, students who have previously studied at Higher Education level should contact their Student Funding body to check their entitlement.
A Tuition Fee Loan has to be repaid once you leave your course and start earning more than £22,015. Deductions are usually made through the PAYE tax system by your employer in the same way as tax and National Insurance contributions. You will make repayments at a rate of 9% of any amount that you earn above £22,015. For further information, please visit the following website:www.studentloanrepayment.co.uk
For further information on how you can pay your tuition fees, if you choose to do so, or paying any other university fees such as accommodation please visit the Finance office
Financing your Living Costs
The following information will give you an indication of your entitlement.
- Students from Northern Ireland may also be eligible for an additional means-tested maintenance grant, which will be based on your taxable household income.
- The maximum grant available is £3,475.
- The grant is paid directly into your bank account or building society account in three instalments - one at the start of each term.
Maintenance Loans - sometimes referred to as living cost loans - are available to help you pay for living expenses such as accommodation, food, books, clothes and travel. This money comes from the government via the Student Loans Company.
- How much you will receive with be determined on where you will live whilst you study and your taxable household income.
- A Maintenance Loan has to be repaid once you leave your course and start earning more than £19,390 a year (from 6th of April 2021). Deductions are usually made through the PAYE tax system by your employer in the same way as tax and National Insurance contributions. You will make repayments at a rate of 9% of any amount that you earn above £19,390 a year (from 6th of April 2021).
The Student Finance application form is available NOW. You are advised to complete the form as soon as possible so that the financial assessment is completed well before your course starts in September 2023.
Maintenance Loan - Entitlement Table for 2023/24
Your living arrangements during term-time
Maximum Maintenance Loan available
Living in your own home and studying outside London
How and When to apply
You can apply for your 2023-24 student finance on-line at: http://www.studentfinanceni.co.uk from March 2023.
You should be applying for your funding as soon as you can and NOT wait until you have received a confirmed place at a University or College.
If you have studied a course of higher education in the past, your entitlement to tuition fee and grant and loans may be affected. Contact Student Finance Northern Ireland www.studentfinanceni.co.uk or the Money Support Unit for further information.