Student Finance

The tuition fee for the Foundation Degree offered by Kyra costs £5,400 per Academic Year (total for the Degree £10,800 for 2 years). When you start in May 2015, you will be in the Academic Year 2014/2015.

Do you qualify for a loan to cover the cost of tuition?

UK or EU full-time or part-time students can apply for a Tuition Fee Loan.
The loan is paid directly to your university or college. You have to pay it back.

Will it be worth the investment?

Several studies have recently been conducted into the financial benefits of gaining a degree. Although the figures differ, it is accepted that lifetime earnings of graduates are significantly higher than non-graduates. A degree opens opportunities to careers which are not available to non-graduates.

Making the right choice

It’s important you consider your own circumstances and look into all options for paying for your course before choosing to take out a loan. You can get independent financial advice from the Money Advice Service at http://www.staffs.ac.uk/support_depts/info_centre/finance/

When you start and finish repaying

The earliest you’ll start repaying your student loan is the April after you leave your course.
You’ll start repaying your loan if your annual income is over £21,000.
You stop paying if your income drops below this amount.
There’s no penalty for paying some or all of your loan off early.

Important Links

For more information go to these websites:

https://www.gov.uk/browse/education/student-finance
http://www.staffs.ac.uk/undergraduate/fees/
http://www.staffs.ac.uk/support_depts/info_centre/finance/
http://www.practitioners.slc.co.uk/resources/201415-resources/factsheets.aspx#Repayment

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CASE STUDIES

I am Caroline Berry. I work for a charitable organisation. I first learned about the KYRA foundation degree through its links with the my employers. They were keen for me to take the opportunity that KYRA offered for personal and professional development. What attracted me to the KYRA degree was the opportunity to work towards […]

Caroline Berry
KYRA for Community Regeneration.