KBS_Icon_questionmark link-ico

Student Loan for Tuition Fees 2020-21

The student loan for tuition fees is available to Home/EU full-time, undergraduate, first degree students.

The loan can cover up to the full amount of tutition fees charged. 

The Student Loans Company will pay your fees to the university on your behalf in three instalments per year. 

Am I eligible? 

Whether you qualify for a tuition fee loan depends on a variety of factors:

  • your course

  • if you’ve studied a higher education course before

  • your nationality or residency status

 

Your course needs to be in the UK and one of the following: 

  • a first degree, for example BA, BSc or BEd

  • a Foundation Degree

  • an Initial Teacher Training course

  • an integrated master’s degree

  • a pre-registration postgraduate healthcare course

If you are studying part-time, your course needs a ‘course intensity’ of 25% or more for you to be eligible for student finance.

 

Note on previous study:

You’ll usually only get student finance if you’re doing your first higher education qualification - even if your previous course was self-funded. You may still be eligible for limited funding in certain circumstances.

If you have studied before please visit our previous study page for more information.

 

Nationality or Residency status:

You can apply if all of the following apply:

  • you’re a UK national or have ‘settled status’ (no restrictions on how long you can stay)

  • you normally live in England

  • you’ve been living in the UK, the Channel Islands or the Isle of Man for 3 years before starting your course

Non-UK nationals must have settled status on the first day of the first academic year of the course.

You may also be eligible if your residency status is one of the following:

  • refugee

  • humanitarian protection

  • EEA migrant worker

  • child of a Swiss national

  • child of a Turkish worker

  • a stateless person (including family members) and you’re a new student starting on or after 1 August 2018

You may also be eligible if you’re not a UK national and are either:

  • from an EU country

  • under 18 and have lived in the UK for at least 7 years

  • 18 or over and have lived in the UK for at least 20 years (or at least half of your life)

Home/EU Undergraduate Tuition Fees 2020-21

Year of EntryTuition

New students - starting in 2017 or later

Tuition fees will be set at £9,250, so you will be able to apply for a tuition fee loan for up to £9,250.

Continuing students - started between 2012-2016

Tuition fees will be set at £9,000, so you will be able to apply for a tuition fee loan for up to £9,000.

Continuing students - started in 2011 or earlier

Tuition fees will be set at £3,465, so you will be able to apply for a tuition loan for up to £3,465.

 

Please note, this tuition fee may be subject to small annual inflationary increases depending on government policy.

IMPORTANT! If you request a fee loan for less than this amount, you will be invoiced directly for the difference.

How do I apply for a student loan for fees?

You can apply for a student loan for fees as part of your application for student support.

If you do not apply for the student loan for fees at this time, or do not apply for the full amount for which you are eligible, you should be able to amend the loan amount at a later date.

You should remember, however, that if you have not applied for a full student loan for fees, or are not eligible for a loan for the full amount of your fees, you will be expected to make payment in full by 31 January 2021. 

Fee Payment Terms and Conditions.

When and how will I repay my student loans?

For students who take an undergratuate loan after 1 Sept 2012

Repayments of loans start in the April after you leave higher education, and only once you start earning over £25,000. Repayments are will depend on the amount you earn, not the amount you borrowed.

You will repay 9% of your earnings above £25,000.

Your employer will take repayments from your salary during any pay period where your earnings before tax are over the weekly or monthly threshold.

By pay period, we mean each time you receive your salary. This could be every:

  • Week

  • Four weeks

  • Calendar month

The earnings threshold is:

  • £494 a week

  • £2,143 a month

  • £25,000 a year

You pay 9% of your income over the threshold

For example, if you are paid monthly and earn £2,400 before tax per month you would repay 9% of the difference between what you earn and what the threshold is:

£2,400 - £2,143 = £257

9% of £257 = £23

So your monthly student loan repayment would be £23.

Find more details on how repayments will work, and what you can expect from the SLC.

 

For students who take an undergratuate loan before 1 Sept 2012

Repayments of loans start in the April after you leave higher education, and only once you start earning over £18,935. Repayments are will depend on the amount you earn, not the amount you borrowed.

You will repay 9% of your earnings above £18,935.

Find more details on how repayments will work, and what you can expect from the SLC.

 


Explore King’s

Accommodation Take a look at our comfortable, safe residences to suit your budget, located close to King's teaching campuses.
Student life Art, food, music, shopping – you'll never find yourself with nothing to do in the world's most vibrant city.
Extra-curricular Discover the huge variety of extra-curricular opportunities at King’s, from MOOCs to language courses.
London living With four campuses by the River Thames and one in south London, King's is right in the heart of the capital.

Next steps

View our undergraduate prospectus

Learn more about undergraduate degree programmes at King's.

View online