Most UK students are eligible for a student loan to help pay both living costs and fees. Your living costs loan will be paid to you, while your fees loan will be paid directly to your university on your behalf.
As well as this, a HYMS bursary is available to eligible students from UK families. This bursary is means-tested based on your family's income, and it doesn't have to be paid back. It will be paid in two instalments, February and May (as long as you continue to be registered on the course when it's paid). It is not available to students who have already completed an undergraduate degree before starting at HYMS.
| Residual household income
| Bursary 2010-2011
|
| up to £25,000 |
£1000 |
| £25,000-£40,000 |
£500 |
| £40,001 or more |
no bursary |
You apply for both bursaries and loans through Student Finance England -- not through HYMS or our parent universities. We will notify you of the amount of your bursary once Student Finance England has notified us of your entitlement.
HYMS doesn't currently have any bursaries or scholarships for non-UK students, but further bursaries and scholarships which are not specific to HYMS are available from our parent universities of Hull and York.
In your final year (Phase III of the HYMS course), you may be entitled to three basic types of funding:
- the NHS may pay your tuition fees
- the NHS may award you a means-tested bursary
- you may be able to apply for a reduced student loan for living costs
It's important to us that you start your course with a full understanding of the required financial commitment. Starting with all your funding in place will help to make sure that your time at university will be rewarding and enjoyable, without the stress of financial worries.
Your previous higher education study will affect the amount of funding you receive for your HYMS medical degree. You are unlikely to be entitled to the same level of support as a school-leaver, even if you didn't have support during your first degree.
If you're in any doubt, we strongly recommended that you seek the advice of a
University Welfare Adviser:
Funding may be available from other sources. To find out more, send a stamped, self-addressed envelope to BMA Charities, BMA House, Tavistock Square, London WC1H 9JP.
Example
Suppose you already have an honours degree, you live away from home and your household income is £25,000 per year.
- Years 1-4: Your tuition fee will be £3290 per year (in 2010-2011, rising with inflation after that). You will be entitled to a maintenance loan of up to £4950. So your loan will cover the cost of your fees in this case.
- Year 5: Your tuition fee will be paid by the NHS. You will also be entitled to a maintenance loan of up to £2475.
Note that this
example illustrates just one typical situation, so it may not describe your individual
circumstances. It shows the maximum support available to a student with a household income of £25,000 per year or less.