From fees to bursaries, loans and repayments, the world of student finances can be complicated. If you are thinking of going to university, or saving to send your children, find out how much it could cost.
Norwich Union's University Cost Calculator is designed only to give you an illustration of the cost of going to university. These figures are not guaranteed.
For example, most of the universities and colleges in England charge up to £3000 a year.
Ie. rent, bills and food shopping during term only.
As a rough guide, this could add up to £7-9.000 a year outside London and £8-10.000 in the capital.
This is means tested and is currently up to £2.700 a year for those with household incomes of less than £38.000 pa (gross)*.
The amount of grant you receive is on a sliding scale and you need to check how much might apply to you.
Colleges and universities charging full tuition fees have to offer a bursary to all those who qualify for a full Maintenance Grant or Special Support Grant. *
These figures are only illustrative and are not guaranteed. Remember that any money you get back will depend on the actual performance of the product you choose, the charges of the product and any tax payable.
The value of investments can go down as well as up. There are no guarantees that your investments will increase. Remember that inflation will reduce the buying power of your investment.
* For more information on the costs involved and support available to students, visit the DfES website.
