Whether you're a UK resident or an international student with home fee status, understanding how Student Finance works is crucial for easing the financial pressures of university life. With tuition fees, living costs, and other expenses to consider, this guide breaks down the key things you need to know — including application timelines, bursaries, and special schemes you might be eligible for.
When to apply
Applications for Student Finance typically open in March or April each year for courses starting in the autumn. The sooner you apply, the better — you don’t need to wait until you’ve confirmed your university place.
If you're applying for Student Finance England, the deadline to guarantee your funding arrives on time is usually in May. Late applications are accepted up to 9 months after the start of your course, but you might experience delays in receiving your money.
You can apply or reapply each academic year via the Student Finance website: https://www.gov.uk/student-finance
What funding is available?
For eligible UK students, Student Finance usually includes:
- Tuition Fee Loan: Covers up to £9,250/year (paid directly to your university).
- Maintenance Loan: Helps with living costs like rent and food (paid to you in three instalments). The amount depends on your household income and where you live/study.
International students are not normally eligible, unless they have settled or pre-settled status, refugee status, or meet other residency requirements. Check your eligibility carefully on the official website.
Don’t miss out on bursaries and grants
Beyond loans, many universities and local authorities offer bursaries and non-repayable grants to support students from lower-income backgrounds, care leavers, or those with disabilities (Disabled Students' Allowance.)
Some universities offer hardship funds for students in urgent financial need — and this applies to both home and international students in some cases.
Top tips for a smooth application
- Apply early — don’t wait for A-Level results or firm offers.
- Have documents ready — passport, national insurance number, household income details.
- Set up a student bank account before your first payment is due.
- Check your university email — that’s where bursary notifications usually land.
Decisions following the finance application
Applying for Student Finance may seem difficult at first, but with the right information and good timing, it can make a huge difference to your university experience. Whether you're eligible for full loans or just a bursary top-up, every bit helps.
And if you're still deciding where to live, platforms like Accommodation for Students can help you find affordable housing that fits your budget, which is another key part of managing your finances well.
