Financial Support for Full Time Undergraduate students from Wales
Tuition Fee Costs
For 2022/23, 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 Grant will be paid directly into your bank or building society account in three instalments - one at the start of each term.
- 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.
- The Maintenance Loan will be paid directly into your bank or building society account in three instalments - one at the start of each term.
- 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
|
Welsh Government Learning Grant |
|
Total Grant & Loan – living away from home (elsewhere) |
|
Welsh Government Learning Grant |
|
Total Grant & Loan – living at home with your parents |
£18,370 or under |
£8,100 |
£2,610 |
£10,710 |
|
£6,885 |
£2,210 |
£9,905 |
£25,000 |
£6,947 |
£3,763 |
£10,710 |
|
£5,930 |
£3,165 |
£9,905 |
£35,000 |
£5,208 |
£5,502 |
£10,710 |
|
£4,488 |
£4,607 |
£9,905 |
£45,000 |
£3,469 |
£6,241 |
£10,710 |
|
£3,047 |
£6,048 |
£9,905 |
£50,000 |
£2,600 |
£7,110 |
£10,710 |
|
£2,326 |
£6,769 |
£9,905 |
£55,000 |
£1,730 |
£8,980 |
£10,710 |
|
£1,605 |
£7,490 |
£9,905 |
£59,200 or above |
£1,000 |
£9,710 |
£10,710 |
|
£1,000 |
£8,095 |
£9,905 |
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 from early March 2022
- 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 2022. 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
Special Support Grant
The Special Support Grant is available for students who may be eligible to receive means-tested benefits such as Income Support / Universal Credit and Housing Benefit. These students include those who:
- lone parents
- have dependent children and their partner is also a full-time student
- are eligible for certain specified disability benefits
The Special Support Grant is paid instead of the Welsh Government Learning Grant.
Special Support Grant and Maintenance Loan Entitlement Table
|
Special Support Grant |
|
Total Grant & Loan – living away from home (elsewhere) |
|
Special Support Grant |
|
Total Grant & Loan – living at home with your parents |
£18,370 or under |
£8,100 |
£4,855 |
£12,955 |
|
£6,885 |
£4,045 |
£10,930 |
£25,000 |
£6,947 |
£4,855 |
£11,802 |
|
£5,930 |
£3,045 |
£9,975 |
£35,000 |
£5,208 |
£5,502 |
£10,710 |
|
£4,488 |
£4,607 |
£9,095 |
£45,000 |
£3,469 |
£7,241 |
£10,710 |
|
£3,047 |
£5,048 |
£9,095 |
£50,000 |
£2,600 |
£8,110 |
£10,710 |
|
£2,326 |
£6,769 |
£9,095 |
£55,000 |
£1,730 |
£8,980 |
£10,710 |
|
£1,605 |
£7,490 |
£9,095 |
£59,200 or above |
£1,000 |
£9,710 |
£10,710 |
|
£1,000 |
£7,095 |
£9,095 |
A specific amount of the Special Support Grant will be disregarded for means tested benefit purposes.
Childcare Grant
Full-time students with dependent children in registered and approved childcare can apply for a Childcare Grant.
- The amount of Childcare Grant payable will be based in 85% of actual childcare costs, subject to a maximum grant of £184 per week for one child and £315 per week for two or more children.
- You cannot get this grant if you or your spouse or partner receives the childcare element of the Working Tax Credit from HM Revenue and Customs.
- You can decide which one you want to have if you’re eligible for both.
- You can receive a Childcare Grant during term times and university holidays.
- The Department for Works and Pensions and Housing Benefit departments will disregard the amount Childcare Grant awarded when they work out your benefit entitlement.
- How much help you get will depend on your circumstances and household income
- This grant is usually paid in three instalments, one at the start of each term at the same time as your maintenance loan and other grants.
- Student Finance Wales will ask you to confirm your actual childcare costs EVERY term. IF YOU DO NOT PROVIDE THIS CONFIRMATION, YOU MAY NOT RECEIVE YOUR NEXT INSTALMENT.
Parents’ Learning Allowance
This non-repayable allowance awarded to help students with dependent children.
- The maximum amount of Parent Learning Allowance payable in 2022/23 will be £1,862 and the minimum £50.00.
- How much you get depends on your taxable household income
- The Department for Works and Pension and Housing Benefit departments will disregard the amount you have been awarded when they work out your benefit entitlement.
- This grant is usually paid in three instalments, one at the start of each term at the same time as your maintenance loan and other grants
Adult Dependant Grant
This grant is awarded to students with adult dependent. If you have a partner depends on you financially, you may be eligible for this non-repayable grant.
- The maximum amount of Adult Dependant Grant payable in 2022/23 will be £3,262
- How much you will get depends on your partner’s net income
- This grant will be treated as income when applying for Housing and Council Tax Benefit or Welfare Benefit
- This grant is usually paid in three instalments, one at the start of each term at the same time as your maintenance loan and other grants
Useful Links & Websites
- Student Finance Wales: www.studentfinancewales.co.uk
- Money Support Unit: /studentservices/moneyadvice/index.php.en
- Welfare Benefits: https://www.gov.uk/browse/benefits