Here at University Centre Croydon we believe that higher education should be as affordable as possible, and are charging £6,000 for full time home and EU students entering from September 2014.
The Government has put in place a tuition fee loan scheme which allows you to go to college or university and pay none of these fees up front. In addition, there are loans available to cover living costs. You can get a loan of up to £7,751 per year if you live away from your parents in London. Any loans (tuition and living costs) will only be paid back when you are working and earning over £21,000 per year. You will repay just 9% of anything you earn above £21,000. For example if you are earning £25,000 you will repay just £30 per month. Any monies left outstanding after 30 years will be written off.
There are also non-repayable grants available for living costs. If your household income is less than £25,000 per year you will be entitled to a full maintenance grant of £3,387 per year. If your household income is between £25,000 and £42,620 you will be entitled to a partial maintenance grant. For full guidance on the arrangements for students entering in September 2014 please visit https://www.gov.uk/student-finance/overview