Undergraduate funding
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Undergraduate funding

Tuition fee loans

All new students, irrespective of circumstances, will be eligible for a tuition fee loan equivalent to their fee - £9,000 at Plymouth University.
 
Please see our tuition fees pages and our fees information pages for further details.
 
 
 
Students meeting at Drake cafe on campus



Living cost loans

All new students are eligible to a living cost loan (also called maintenance loans) if you are studying full-time. This is to help towards your day to day spending such as food, travel and accommodation.

In 2013/14 the maximum annual loan available will be:
  • Students living at home £4,375
  • Students living away from home £5,500
Neither your tuition fee nor living costs loans will be repaid until students graduate and earn over £21,000 a year.

The table below shows examples of what you can expect your monthly loan repayments to be once you are earning over £21,000:
 
Income each year before tax Monthly income Monthly repayment
Up to £21,00 £1,750 £0 ​
£22,000 £1,833 £7
£25,000 ​ £2,083 £30
£30,000 ​ £2,500 £67
£35,000 ​ £2,916 £105
 

​Living grants

Students from a family with an annual income of less than £42,611 will be eligible for a grant. Students from a family with an annual income of less than £25,000 will be eligible to receive a full grant of £3,354/year.
 
The difference between the living cost loan and the living cost grant is that the grant never needs to be repaid.
 
If a student receives such a grant their maximum loan will be reduced but by less than the value of the grant.
 
The table to the right is a guide to the support packages available to students living away from home and studying outside of London:
 
Cash machine

Student reading in a kitchen
 
Student accomodation

 Useful information

​ Living away from home rates

Annual household income ​ ​ Package of Support  2013/14​ ​ ​
Non repayable living cost grants​ Repayable living cost loans ​ Total
£25,000​ or less £3,354 ​ £3,823 £7,177 ​
£30,000 £2,416 £4,292 £6,708 ​
£35,000​ £1,478 £4,761 £6,239​
£40,000​
£540
£5,230 £5,770 ​
£42,611​ £50 (minimum grant)  £5,475 £5,525 ​
£42,875 £0​ £5,500​ £5,500​
£45,000 £0 £5,288 £5,288
£50,000​ £0 £4,788 £4,788
£55,000 ​ £0 £4,288 £4,288
£60,000​ £0​ £3,788​ £3,788​​
£62,125​ and over £0 £3,575 £3,575
 

​ Living at home rates

Annual household income ​ ​ Package of Support 2013/14 ​ ​ ​
Non repayable living cost grants​ Repayable living cost loans ​ Total
£25,000 or less​ £3,354​ £2,698 £6,052 ​
£30,000 ​ £2,416​ £3,165​ £5,583​
£35,000

£1,478

£3,636 £5,114  ​
£40,000 ​ £540 £4,105 £4,645
£42,611 ​
£50 (minimum grant)  
£4,350  £4,400  ​
£42,875 ​ £0 £4,375 £4,375 ​
£45,000 ​ £0 £4,163 £4,163 ​
£50,000  ​ £0 £3,663 £3,663
£55,000  ​ £0 £3,163 £3,163
£58,195 £0 £2,843 £2,843
 £60,000 ​and over £0​ £2,843 £2,843 ​