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Full time Undergraduate Funding Guide - Welsh Students

Quick guide for 2023/24. Figures are correct at the time of printing but may be subject to change due to Government policy changes.


Factsheet

Apply every year for your student funding

Tuition Fee and Maintenance Support

Tuition Fees are £9,250 per year. During a work placement year the tuition fees are capped at 20% of the full fee, and for a study abroad period the fees are capped at 15%. If you are an EU national starting in September 2023 your fee status may be Home or Overseas, depending on your circumstances.

Eligible Welsh students attending a full-time course at the University of Bath will be eligible for a non-means tested tuition fee loan of up to £9,250

Maintenance Loan a contribution towards living costs. Payable to the student.

Household Income Government Learning Grant Maintenance Loan Total per Year
Up to £18,370 £8,100 £3,620 £11,720
£25,000 £6,947 £4,773 £11,720
£35,000 £5,208 £6,512 £11,720
£45,000 £3,469 £8,251 £11,720
£59,200 + £1,000 £10,720 £11,720

Disabled Students Allowance DSA

Full-time or part-time undergraduate or postgraduate students can get up to £33,146 a year for support. This can be used to cover the costs of specialist equipment, a non-medical personal helper and other disability related expenditure.

There’s also a travel allowance available to assist with study related travel costs due to a student’s disability.

Extra Grant Support for Students with Children/Dependents (non-repayable)

Grants subject to intensity of study calculations for part-time courses.

Childcare Grant will pay up to 85% of childcare costs to a max £187 per week for one child, max £321 per week two or more children.

Parents’ Learning Allowance up to £1,896 per year.

Adult Dependants’ Grant up to £3,322 per year.

Contact Student Finance for more information about funding your studies.

University Funding

Find more information about University Bursaries & Scholarships.

Student Loan Repayments

(Correct at the time of publication, may be subject to future changes)

Repayments for 23/24 Starters begin from the April after graduation. Instalments are deducted from your pay at a rate of 9% of any earnings over £27,295. For example, a salary of £30,000 would have a deduction of £20.29 a month regardless of the overall amount borrowed.

Total loan debt is the combined total of all your tuition fee and/or maintenance loans for the duration of your studies.

Student Loan interest rates (23/24 starters) are 7.1%

No repayment due whenever your earnings are under £27,295 per year.

No early repayment penalty if you want to pay off your loans early/or in larger instalments.

Any loan amount not repaid after 30 years is written off.

Loan debt is not counted as “debt” for mortgage applications, but monthly repayments are viewed as outgoings.

Undergraduate Student Expenditure Budget (Sample): 38 weeks

Each student’s spending will be personal to them. This can be based on accommodation choice, either staying in their accommodation during Easter and Christmas vacations or returning home. Incurring course costs or how much they choose to spend on food and social activities.

Expenditure (based on typical academic year of 9 months or 38 weeks) Cost Per Week (£) Cost Per Year (£)
University Non-Catered Accommodation (ranges from £78-£250 per week) Average cost £153 p/w. Inclusive of bills 153 5,814
Food, Toiletries, etc. 65 2,470
Travel 25 950
Course Costs 9 342
Leisure/Social/Sport 25 950
Mobile Phone 5 190
Health 5 190
Clothes 10 380
Contingency
Laptop 809
TOTAL COST £297 £12,095

Please note catered halls are available. Course costs will differ depending on subject taken.

Blank Budget

Download your template budget to help your planning for 2023-24.

Enquiries

If you have any questions, please contact us.


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