Funding your studies

Higher education is probably the most valuable investment you will make in your future. It makes sense to manage that investment carefully to produce the best return. Plan your finances in advance and get all the information you can on entitlements, additional help and resources. For more information visit the Student Funds page on our website: http://www.hope.ac.uk/general-information/student-funds.html

As a student you will have two principal costs: tuition fees and living expenses (for example, accommodation, food, course materials and books). Various forms of financial help available to assist in meeting these costs are outlined below.

Tuition fees

Full-time undergraduate students

No full-time home undergraduate student will have to pay fees before they start their course or while they are studying. Instead students will be eligible for a student loan for fees to cover these costs. This means that you will be able to study first and repay your loan when you are earning. Liverpool Hope University set a tuition fee of £3,225 for 2009-10 which is subject to annual increases in line with inflation. Our Access Agreement has been approved by the Office for Fair Access (OFFA).

Paying your tuition fees

Full-time home and EU students can apply to the Student Loans Company (SLC) to borrow the full amount necessary to pay the tuition fees, and then repay the loan after graduating when they are earning over a particular amount (currently £15,000pa). This means that you will not have to pay any tuition fees while you are studying. You can, however, elect not to apply to the SLC, in which case payment in full or an agreed payment plan will be due from you at registration.

Liverpool Hope University Bursaries

All full-time home and EU undergraduate students in receipt of the full HE Maintenance Grant will receive a Liverpool Hope University Bursary. For those students who do not receive the full HE Maintenance Grant, the value of the bursary will decrease. The amount you receive will depend on your household income; students with a family income of over £39,333 will not receive a bursary. Bursaries will be paid directly to you in instalments each year and will not be repayable.

  
Liverpool Hope University Scholarships

In order to encourage and support academic excellence, Liverpool Hope also offers a number of scholarships:

Excellence Scholarship

In recognition of achieving the highest level of success, students who attain 360 points or above at A2 (or equivalent) will be eligible for an Excellence Scholarship. The award is available for any chosen subject and each year of study providing you maintain required levels of attendance and acceptable academic standards.

Foundation Scholarship

Liverpool Hope has created a number of Foundation Scholarships in acknowledgement of its shared foundations with partner/church schools and colleges. The award is available for any chosen subject and each year of study providing you maintain required levels of attendance and acceptable academic standards.

Dean’s List Prize

Students who have achieved excellent results and show academic and leadership potential may be nominated for a Dean’s prize at the end of the Level 1 and Level 2 academic years. This award is available to students not in receipt of the Excellence Scholarship.

Graduate Scholarship

The top 30 undergraduates at graduation will be awarded Graduate Scholarships, as a result of outstanding academic success, to be put towards the costs of postgraduate study.

A full list of Hope's scholarships, along with details of how to apply for them, can be found at: http://www.hope.ac.uk/student-funds-2009-10/liverpool-hope-scholarships.html

Other scholarships

The University works with a number of third parties to provide a wide range of additional ‘named’ scholarships. The awards and criteria vary – please see the website for up-to-date details. Alternatively you can contact the Student Funds team: t. 0151 291 3208 e. This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Maintenance Grant / Special Support Grant

This non-repayable grant is available to new students with a household income less than around £50,000. The maximum grant award of £2,906 per year (2009–10) will be payable to students with a household income of less than £25,000 a year. Partial grants are available for incomes between £25,001 and £50,000. The amount awarded will decrease for higher levels of income. For more information on additional financial support please see the website.

Student Loan for Maintenance

The amount of student loan you can borrow will depend on a number of factors, mainly whether you will be living at home or not, and your household income.

Repaying your loans

Any student loan or tuition fee loan borrowed from the Student Loans
Company is paid back after the end of the course, when your income is above a set minimum amount (currently £15,000). The amount repayable each month is linked to income, so the more you earn, the more you pay back. If at any time your earnings fall below the set minimum, repayments will not have to be made.