Financial support

There’s a lot to think about when considering how to pay for your higher education, but luckily there are plenty of ways to make funding your course that much easier. There are loan schemes for course fees and living expenses, the College’s own scholarships and bursaries, and even support from our Student Services team to help you cope with the day-to-day cost of living.

Student loans – study now, pay later

Applying for a student loan is by far the best way of funding your studies, as you can concentrate on your education without having to worry about paying until you can afford it. You can apply for a low-interest, government-funded loan to cover the cost of all your course fees – it’s the perfect way of building qualifications for your future career, as you won’t be required to start repaying the loan until you have completed your course and are earning an annual salary of at least £25,000.

If you’re studying full-time you can also take out an additional loan of up to £5,500 per year to help pay for living expenses too, so you won’t have to worry about issues like paying for rent, food or learning materials while you study. Depending on your household income, you may also be entitled to a maintenance grant of up to £3,387 per year for the duration of your course.

When applying for your 2018/2019 tuition fee loan:

  • Ensure you apply for Student Finance for 'Higher Education' (NOT Further education/Advaned Learning Loan)
  • Ensure you select Bedford College as your Higher Education Institution (Not University of Bedfordshire)
  • If you have already received any any HE Loan in a previous academic year, you should contact Student Finance regarding your eligibility (Tel: 0300 100 0607, 08:000-20:00)
  • N.B If you apply for, but are not awarded Student Finance (or if you choose to withdraw from your course early), once enrolled you will liable for your full first year of fees. 

When you receive your Student Finance England ‘Notification of entitlement’ letter, remember to sign and return your Student Loan Declaration form! (on the back page of your letter)

To find out more about applying for a loan or grant visit www.gov.uk/student-finance

Paying in instalments

If you do not want to take out a loan to pay for your studies you can also arrange to pay for your course yourself through direct debit instalments, so you can spread the payment of your course to help make studying more affordable.

Managing your money

At Bedford College we understand that helping with financial worries isn’t as simple as just offering loans and grants, so all our students have access to support from our Student Services team. Our dedicated experts can assist with anything from helping you decide the best way to fund your course to offering advice and support about any financial issues you may have.

To view our full range of financial support packages visit www.bedford.ac.uk/finance