International Office - Recruitment and Admissions

Undergraduates fees can now be deferred until after graduation by taking out a Fee Loan through Student Finance Direct, the UK Student Loan Company.

The low interest Fee loan is available to all EU nationals (ordinarily resident in the EU) studying as a full time undergraduate in UK from 2006
The Fee loan is not means-tested , students from all income backgrounds are eligible
You can apply for a fee loan up to the full amount of fees charged e.g. £3000pa at University of Bath from 2006
EU students who have lived in the UK 3 years or more prior to university may be also be eligible for further means-tested assistance (maintenance loan and/grant)
The Fee Loan is paid directly to the university once you have registered
Interest is only charged at the Bank of England rate of inflation (currently 3.2%)
The Fee loan is also available to students on Foundation degrees and PGCE students
Repayment of the loan is only after graduation directly from earnings once they reach a level currently set at £15000pa. It is then deducted at 9% on any earnings over £15000pa
Any outstanding loan is written off after 25 years (if you have complied with the repayment conditions)
You can make additional repayment at any time after you graduate to repay your loan more quickly
The loan is written off if you die (therefore cannot be passed on to another family member or spouse) or if you become permanently disabled
From 2006, continuing EU students can also apply for the Fee Loan to cover their fee liability (see http://www.bath.ac.uk/students/money-service/tuitionfees/fees06-07current.htm )

For more information and application forms see

The International Office