Financial Support for Full Time Undergraduate students from Wales

Tuition Fee Costs

For 2023/24, Bangor University will charge a tuition fee of £9,000 a year for a full time undergraduate degree course. Payment of tuition fees can be deferred until after you finish your studies, if you opt to take out a Tuition Fee Loan. 

The Tuition Fee Loan is available regardless of family income. However, students who have previously studied at Higher Education level should contact Student Finance Wales to check their entitlement.

A Tuition Fee Loan has to be repaid once you leave your course and start earning more than £27,295 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 £27,295 a year (from 6th of April 2021). For further information, please visit the following website: www.studentloanrepayment.co.uk

Alternatively, you can pay your fees whilst you study.  For further information on how you can pay your tuition fees, if you choose to do so, or any other university fees such as accommodation please visit the Finance Office.

Welsh Government Learning Grant

  • A £1,000 minimum Welsh Government Learning Grant will be available to all eligible full time undergraduate students who live in Wales.
  • Students from Wales may also be eligible for an additional means-tested Welsh Government Learning Grant, which will be based on your taxable household income.
  • The Welsh Government Learning Grant does not have to be paid back when you graduate.

Maintenance Loan

  • Maintenance Loans are available to help you pay for living expenses such as accommodation, food, books, clothes and travel. This money comes from the Welsh 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 £27,295 a year. 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 £27,295 a year (from 6th of April 2021).  For further information, please visit the following website: www.studentloanrepayment.co.uk

Welsh Government Learning Grant and Maintenance Loan Entitlement Table

 
Taxable Household Income

Welsh Government Learning Grant
- Elsewhere

 
Maintenance Loan
- Elsewhere

Total Grant & Loan – living away from home (elsewhere)

 

Welsh Government Learning Grant
- Parental home

 
Maintenance Loan – Parental Home

Total Grant & Loan – living at home with your parents

£18,370 or under

£8,100

£3,620

£11,720

 

£6,885

£3,065

£9,950

£25,000

£6,947

£4,773

£11,720

 

£5,930

£4,020

£9,950

£35,000

£5,208

£6,512

£11,720

 

£4,488

£5,462

£9,950

£45,000

£3,469

£8,251

£11,720

 

£3,047

£6,903

£9,950

£59,200 or above

£1,000

£10,720

£11,720

 

£1,000

£8,950

£9,950

 

How and When to Apply for Student Finance

  • To apply for a Tuition Fee Loan, Maintenance Loan and Welsh Government Learning Grant students will complete an Application for Student Finance (PN1) form.
  • This form can be completed on-line or you can download from the Student Finance Wales website: www.studentfinancewales.co.uk
  • Application forms are 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.  PLEASE DO NOT WAIT UNTIL YOU HAVE RECEIVED A CONFIRMED PLACE AT BANGOR UNIVERSITY

 

How will you receive your student funding?

Student finance is usually paid in three instalments, directly into your bank account.  You will receive one instalment after registration, the second in early January and the final instalment after Easter.

Previous Higher Education Study

If you have previously studied a higher education course, your entitlement to student finance may be affected.  We recommend that you contact Student Finance Wales: www.studentfinancewales.co.uk  or the Money Support Unit here at Bangor or for further information and advice as soon as you decide to apply to University. 

Students with children or adult dependents

Please visit the Students with Families webpage for specific funding information

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