Fees and finance

Fair fees with no hidden costs

We want to be open and transparent with you about all aspects of your student life, so our course fees reflect the real cost of providing a high quality student experience. We've taken the changes to tuition fees seriously and think it's important for you to have the facts before deciding whether university is the right choice for you.

Undergraduate funding (2016/17)

The majority of undergraduate funding comes from the Student Loans Company and is assessed by your funding authority:

• Student Finance England (SFE)
• Student Finance Wales (SFW)
• Student Finance Northern Ireland (SFNI)
• Student Awards Agency for Scotland (SAAS)

Eligible Undergraduate students can apply for a Tuition Fee Loan of up to £9,000 to cover the full cost of their annual tuition fees.

A Maintenance Loan (for living costs) of up to £8,200 is also available.  This can be used to pay for general living costs, accommodation, travel and other course related costs.

This simple online calculator will give you an accurate idea of what level of student funding you will be eligible for.

Repaying loans

You won't start repaying your student loans for fees and living costs until you've finished studying and you're earning over £21,000 a year.

University bursary

The University of Derby Bursary provides targeted financial assistance with the costs of higher education to those who are eligible*. The Bursary is available to new undergraduate students entering higher education for the first time from September 2015 onwards**.

Eligible students will receive up to £1,000 per academic year (£900 as a cash award plus a £100 study resource card for Blackwell’s Bookshop).

Bursaries are assessed on household income and are paid direct to you (in instalments).

Buxton and Leek College bursary

Buxton and Leek College students choosing to continue their studies by moving into higher education at the University of Derby will receive a £1,000 financial boost.

To be eligible students must have achieved a qualification from Buxton and Leek College in the last three years and be progressing to full-time undergraduate study (in academic year 2015/16) at the University of Derby in Buxton or Derby.

Eligible students will receive £1,000 (£900 as a cash award plus a £100 study resource card for Blackwell’s Bookshop).

Part-time study

If you’re a new part-time student  you can apply now for a Tuition Fee Loan. The maximum Tuition Fee Loan you can get if you’re a part-time student is £6,750.

The amount you get depends on the cost of your tuition fees and not on your household income. The Tuition Fee Loan is paid directly to your university or college.

For more information and downloadable guides, visit the Directgov website.

Postgraduate funding

From 2016/17, the Government will provide a loan of up to £10,000 per student for postgraduate Master’s study.

Postgraduate Loan (PGL) for Master’s study will be:

• A contribution towards the costs of study, i.e. it will be at the student’s discretion to use the loan towards fees, maintenance costs or other costs;
• Non-means tested;
• Paid directly to the student into a UK bank account.

For more details see Postgraduate Loans (PGL) or visit https://www.gov.uk/funding-for-postgraduate-study

Other support

Find information about other financial support which may be available to you to help with tuition fees and living costs.

You can also visit www.moneysavingexpert.com for advice and guidance about funding your studies.

Future Finance Student Loans

Future Finance an alternative source of financing for students*

The benefits of Future Finance are:

• They offer loans to all Derby University students with a UK domiciled address, (assuming they meet appropriate credit checks, and are 18 or over) irrelevant to which level of study
• Loans are offered from £2.5 -£40K, and can include living costs as well as tuition fees
• Loans are repayable up to 10 years and three months after graduation
• Students can apply for up to four payment breaks of 3 months each during the loan period
• Representative 10.9% APR (variable).

* Further details of eligibility requirements, interest rates and other key terms of the loan are available by visiting the Future Finance website

Please note that other sources of funding may be available.