If you take a year in industry as part of your course, you may still be entitled to some statutory support while you are away from the University, providing that it is a recognised element of your course.
Funding for living costs for students on paid placements
UK students will be able to apply for reduced rate Tuition Fee and Maintenance Loans only. In 2021/22 the reduced rate loan for living costs is as follows;
|
Reduced loans (placement years) |
Parental home |
£2,093 |
London |
£3,921 |
Elsewhere |
£2,792 |
EU students will only be able to apply for a reduced rate Tuition Fee Loan.
Funding for living costs for student on unpaid placements
There are some exceptions where students will continue to be eligible for the same funding package as in previous years (which may include Maintenance or Special Support Grant, Dependants' Allowances and Disabled Students' Allowances). Students will still be eligible for their full funding package if they are undertaking "unpaid service" in one of the following:
Tuition Fees
Students on a year in industry will pay tuition fees at a reduced rate of £900 in the academic year 2021/22