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It was announced at Autumn Statement 2014 (3 December 2014) that from academic year 2016/17, students aged under 30 studying for a postgraduate taught Masters at a UK degree-awarding institution or other verified HEI will be eligible for a £10,000 student loan.
In England, tuition fee caps rose with the Higher Education Act of 2004. Under the Act, universities in England could begin to charge variable fees of up to £3,000 a year for students enrolling on courses from the academic year of 2006–07 or later.
To cover the cost of the fees UK and EU students could take out a tuition fee loan meaning that there would be no requirement to pay fees upfront. The loan, which would not depend on household income, would be paid directly to the university or college from the student loans company.
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In tertiary education in the United Kingdom, the term home student is used to refer to those who are eligible to pay university tuition fees at a lower rate than overseas students.
The Student Loans Company (SLC) is an executive non-departmental public body company in the United Kingdom that provides student loans. It is owned by the UK Government's Department for Education (85%), the Scottish Government (5%), the Welsh Government (5%) and the Northern Ireland Executive (5%). The SLC is funded entirely by the UK taxpayer.
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Lenovo Group Limited, trading as Lenovo (/ l ə ˈ n oʊ v oʊ / lə-NOH-voh, Chinese: 联想; pinyin: Liánxiǎng), is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, business solutions, and related services.
TOTUM, formerly known as NUS Extra, is a discount card which can be purchased by students.