Preston College Higher Education Prospectus

At Preston College, we understand that choosing to study for a degree is a big decision, with the financial implications of investing in your future playing a key part in the decision making process. As a Higher Education student at Preston College, you may be eligible to apply for a tuition fee loan. Once approved, your fees will be paid directly to Preston College by Student Finance England and you will only begin to re-pay the loan when you begin to earn an income of over £27,295 per year. To find out if you are eligible for a loan, visit: https://www.gov.uk/student-finance/who-qualifies) The exact amount of tuition fee charged differs from course to course, so please visit www.preston.ac.uk and your chosen course page, for clarification on the exact fee. As your programme will start in 2022, you may also be eligible to apply for a maintenance loan, to help cover living costs. This is paid directly into your bank account at the start of each term and like the tuition fee loan, has to be paid back. ADDITIONAL FINANCIAL SUPPORT Additional financial support is available to those who qualify, in the form of Childcare Grants (full-time students only), Parents’ Learning Allowance (full-time students only), Adult Dependants’ Grant (full-time students only), Child Tax Credits and Disabled Students’ Allowance. Additional eligibility criteria comes with all of these extra financial support funds and you should check the criteria before applying. RE-PAYING YOUR LOANS If you secure a tuition fee loan and/or maintenance loan you will have to repay the loan, with any accrued interest. Your loan repayments are linked to your income and you won’t have to start repaying the loan until the April after you have finished your studies and are earning over the threshold (currently £27,295). For more information on loans and additional support visit: www.gov.uk/student-finance. FUNDING YOUR COURSE For more information visit www.preston.ac.uk 11