What is the threshold for Student Finance Wales?
You’ll only start making repayments when your income is over the repayment threshold, which is currently £21,000 a year, £1,750 a month or £404 a week in the UK. If your income falls below the repayment threshold, repayments will stop and only restart when your income is over the threshold again.
How does student finance in Wales work?
Most students can get a loan to pay for their tuition fees and a mixture of a loan and a grant to help with their living costs. You might also be able to get extra help on top of this, if you have children, an adult dependant or a disability.
Who is eligible for Welsh Government Learning grant?
The Welsh Government Learning Grant FE is for students aged 19 or over who are studying a course of Further Education at college.
What counts as household income for Student Finance Wales?
Your household income is the total of: your income. your partner’s income, if you live with them (even if you did not live with them during the previous tax year) the student’s unearned income, for example from savings, investments or property.
How long does it take to get approved for student finance?
It can take up to 6 weeks to process your application. You might have to provide extra evidence.
How long does Student Finance Wales take to process?
You should allow 6-8 weeks for your application to be approved after you make any changes. We recommend regularly checking the progress of your application by signing into your online account.
What evidence do you need for student finance?
You don’t need to send any evidence of household income when you first apply. Your parents and partner can simply provide their income and National Insurance Number. Later in the process, you might be asked to provide evidence like payslips or P60s to prove your parents’ or partner’s income.
Do I apply to Student Finance England or Wales?
As we explained earlier, Student Finance offerings vary across the UK. … So, if you normally live in Wales, you’ll apply for funding from Student Finance Wales – no matter where in the UK you’re planning to study. If that applies to you, the following information is what you’re after.
Do Welsh government pay university fees?
Living cost support for full-time university students comes from the Welsh Government Learning Grant and a maintenance loan. This gives you combined funding of £8,790–£12,930, depending on where you live during term time. … However, while the maintenance loan needs to be repaid, the grant doesn’t.
What grants are available for Welsh students?
Fees, loans and grants
- Welsh Government Learning Grant (WGLG) – To help with living costs such as food and rent – this does not need to be paid back. …
- Special Support Grant (SSG) – For students in more unique circumstances such as being a single parent or having a disability.
How much do you get for WGLG?
What is WGLG FE? WGLG FE is an income-assessed grant aimed to encourage those aged 19 and upwards to continue with further education. Full-time students can get up to £1,500 per year, and part-time students can get up to £750 per year. Payments are made three times a year, directly to the student’s bank account.
Who is eligible for WGLG?
Your course must: require you to attend for at least 275 hours during the academic year. be at a participating school or college. lead to a nationally recognised qualification, up to and including Level 3 qualifications.