STUDENT FINANCE

NEXT STAGE UCAS & STUDENT FINANCE

What you need to know regarding the next stage of UCAS and information you will need on Student Finance for your course.

TO CHECK YOUR UCAS PROGRESS

• Go to the UCAS website and UCAS Track.

• Go to signing into track and click undergraduate.

• Out of the 3 options, choose Track.

• It will then ask you for your ID and password which you should have.

• You are then able to track progress and offers.

WHAT TO DO NEXT

• Once all your offers are in, you have to respond by the specific date.

• You select a firm choice, if this is a conditional offer, you should select an insurance choice as well ie a back up. You then decline all other offers.

• If your firm choice is unconditional, the place is yours!

• If the place is conditional, the University will update your status when they have your exam results

• If you are unsuccessful and don't get the results needed you can apply via clearing. If you don't get any offers you can apply to more course choices through UCAS Extra.

• If you do better than expected you can use adjustments to look at alternative courses.

QUIZ

Most of the questions are based on what you have just read, apart from the last few, which are just based on general knowledge.

Multiple Choice

What is a Student Loan - what does it include?

• Tuition Fee loan

• Maintenance Loan

• Tuition Fee and Maintenance Loan

• None of the above

Multiple Choice

What is a Tuition Fee Loan?

• Money paid directly to a University/College on your behalf to cover the cost of your studies.

• Money given directly to you to pay for your costs of studies.

• Free money which doesn't need to be paid back.

Multiple Choice

What is a Maintenance Loan?

• Money to live on, which you don't have to pay back.

• Money to live on, which you have to pay back.

• Money which the University gives to you.

Multiple Choice

Where will you find information on what you owe on your student loan?

• Your Banks website.

• The Direct Gov Website.

• Your Local Authorities Website.

Multiple Choice

My loan will be cancelled after what time period?

• 10 years.

• 30 years.

• Never.

• It will be passed onto my family.

Multiple Choice

When will I start repaying my Student Loan?

• Immediately after I finish studying.

• As soon as I get a job regardless of how much I earn.

• Not until the April after I graduate and I am earning over £26,575.

Multiple Choice

I can get MORE money if I am living at home and going to University.

• Yes

• No

Multiple Choice

The Maintenance loan is means tested (the amount I will get is based upon what money my family earns)

• Yes

• No

Multiple Choice

When I pay my student loan back, the interest I pay will be...

• 3%

• 9%

• 15%

• 20%

Multiple Choice

I will get extra help with my student loan if I have...

• A child

• A disability or learning difficulty

• Mental Health Condition

• All of the above

Multiple Choice

How often are maintenance loan installments paid?

• Monthly

• Termly

• Yearly

Multiple Choice

If a student has a part-time job, what is the MAXIMUM number of hours that universities recommend per week?

• 10

• 15

• 20

THE END