
From September 2006 no full-time undergraduate student will have to pay fees up-front.
Instead, both new and existing students will be able to defer payment of their tuition fees until after they leave higher education by taking out, if they wish, a ‘fee loan’ from the Student Loan Company which they will repay once they have left university and are earning over £15,000 a year. The maximum fee loan available would be £3,000 a year for new students and around £1,200 for existing students.
From September 2006 universities will be allowed to vary the fees they charge students. Universities will be able to charge between zero and £3,000 per year. Fees will not rise by more than the rate of inflation before 2010 at the earliest.
Read more about loans and tuition fees support
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