ChatterBank1 min ago
University Loans and Grants
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Could someone tell me if one was able to get a University Grant and loan for tuition fees in about the year 2000 like you can now and how was it worked out with parental income etc. When did they come into being etc? Is there a web site I can look at to say how much they used to be etc Thanks
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I got a student loan in 2000 when tuition fees were capped at about £1000. The total loan available was in the region of £3500-£4000. 75% of it was automatic and 25% of it was means tested, on a sliding scale. If household income was over about £40000 you had to pay the full tuition fee and only got 75% of the loan amount. So I got about £2750 a year loan plus I had to pay the £1000 tuition fees upfront. Not sure if there is a website about the historical loan arrangements, this is just my experience from memory.
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