Student Finance Quiz

What are the two main costs you will have at university?

• Tuition fees and living costs
• Tuition fees and accommodation costs
• Fancy dress outfits and baked beans
• Tuition fees and transport costs

How much do you have to be earning per year to start paying your student loan back?

• £23,000
• £15,000
• £21,000
• £18,000

What percentage of students will pay back the full amount of loan they have borrowed?

• 60%
• 48%
• 27%
• 73%

In which month can you start applying for student finance?

• January
• February
• March
• April

When do you start paying your student loan back?

• The May after you finish your course when you're earning over £21,000
• The April after you finish you course when you're earning over £21,000
• Just after you finish your course
• Whilst your studying on your course

How much interest will be added on to your loan whilst you're studying?

• RPI + 3%
• RPI + 5%
• RPI +  4%
• RPI + 6%

If you are earning £25,000 per year after graduating, how much student loan would you repay?

• £40 per month
• £35 per month
• £30 per month
• £50 per month

You can only receive your student finance...

• When you fully enrol on a university course
• If you ring student finance
• If you don't sign and return the declaration form
• Once you move into student accommodation

What is the average price of a university textbook?

• £40
• £30
• £50
• £60

On average, how much more do graduates earn per year compared to non-graduates?

• £3,000 per year
• £8,000 per year
• £9,000 per year
• £7,000 per year