Finances

What financial help can I get?

Tuition fee loan

As a student you are entitled to a tuition fee loan to help pay the cost of your tuition fees. This will be paid directly to the training provider by the Government. You can apply for a tuition fee loan up to the full cost of the tuition fee. Under new regulations starting in September 2012, your tuition fee loan will not be repayable until you are earning over £21,000 a year.

Maintenance Loan

Upon applying to Student Finance England you may be eligible for a Maintenance Loan to help with living costs. The exact amount you can borrow depends on your household income, where you live and what help you get through the maintenance grant. Maintenance loans are not repayable until you are earning over £21,000 a year.

TDA Bursary

For 2015-16 the government has introduced a new system of financial incentives to attract high quality trainees into primary teaching. The standard bursary will vary depending on degree class as follows:

Degree Class

Bursary

1st £3000
2:1 £3000
2:2 or below £0

If you have been awarded a degree classification of 2:2 or below you will not currently be entitled to receive a government bursary, however Somerset SCITT welcomes your application. Somerset SCITT has trained a number of outstanding teachers over the years who were awarded a range of degree classifications.

Health care costs

Students aged 19 or over are not automatically entitled to help with health costs such as prescriptions, dentists, opticians etc. However, you can apply to the Low Income Scheme by completing Form HC1 to see if you qualify for help.  This is not currently available on-line.  To order an HC1 Application form please telephone 0845 610 1112

Council tax

As a full time student you can apply for a council tax reduction /exemption; eligibility is dependent on who lives in your household. Somerset SCITT will provide you with an official letter stating your classification as a student/ trainee for your year of study when you begin the course. Please note your name, as the student/ trainee must be present on official Council Tax documentation.

Please tell me more about students and council tax

Other financial support

Disabled Students can apply for extra financial support through Disabled Students Allowances (DSAs). These grants are paid in addition to the standard student finance package. They do not depend on income and do not have to be repaid.

Please tell me more about disabled student support

If you have child or adult dependants you can apply for extra financial support. These are in the form of the Adult Dependants Grant, Childcare Grant and Parents Learning Allowance.

Please tell me more about support for students with dependents

When to apply for financial support

You can apply now for courses starting September 2016.

Student Finance England Application

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