Financial Support and Bursaries for Full-Time Higher Education Learners
You have a range of financial support available for the duration of your course, including loans (which you have to pay back) and grants/bursaries (which you don’t). What support you’re eligible for depends on your course, where you’re studying, your household income and where you live.
- Universities and Colleges can charge a maximum of £9,250 per year in tuition fees. Students studying their first HE course who normally live in Wales can get a tuition fee loan up to a maximum of £9,250. The tuition fee loan isn’t based on your household income.
- In addition to the tuition fee loan you can get maintenance support (help with living costs). Eligible students living away from home (outside London) can get £10,350 per year, made up of a mix of grant and loan. The amount of grant you’ll get depends on your household income (see the examples below).
- The majority of students won’t pay anything up front.
- Students don’t have to pay anything back until they’re employed and earning over £27,295.
- If you’ve studied a HE course before, it’s important that you understand it might affect your eligibility for support. For details, refer to studentfinancewales.co.uk and the section on Previous Study Rules.
- The table below shows how household income determines the amount of maintenance grant you may get. All students get a minimum of £1,000 with a loan available to top you up to the full amount.
|Household income||Living at home with parents/partner/alone||Living away from home, outside of London|
|£18,370 or less||£6,885||£1,905||£8,100||£2,250|
|£59,200 or more||£1,000||£7,790||£1,000||£9,350|
What do I do next?
Full details of all financial support and how to apply can be found on the Student Finance Wales website www.studentfinancewales.co.uk. Students normally living in Wales will be able to apply for support online from March 2021 onwards.
Living outside Wales?
If you’re a student living outside Wales, you’ll find information on funding and application processes via the following links:
Other Financial Support
You may get extra funding if you have adults or children who are financially dependent on you, which can include:
Adult Dependent’s Grant (ADG)
Childcare Grant (CCG)
Parents’ Learning Allowance (PLA)
Higher Education Bursaries
We are delighted to confirm that we will be offering two Higher Education Bursaries to support learners who wish to study with Coleg Gwent. They are available to learners applying to study at Level 4 from September 2021, funds will be offered on a first come first served basis, in the following two areas:
1) Higher Education Subject Progression Bursaries for students undertaking a level 4, full time Higher Education course at Coleg Gwent in one of the following subjects:
- FD Mental Health
- FD Complementary Healthcare Practice
- HND Computing
- FD Games Art and Design
- HND Tourism, Hospitality & Events
2) Return to Higher Education Bursary for students undertaking a Level 4 full time Higher Education course at Coleg Gwent. Applicants must be over 18 and must have been out of education for at least 5 years.
We aim to notify all successful applicants by email in September 2021 and all bursary payments will be made into learner bank accounts in January 2022. Payments are subject to the learner being enrolled with Coleg Gwent and the partner University in January 2022.