Student finance worries should not stop university applications

Mon, 18 Jul 2011

Would-be students should not be put off applying for university by the current confusion over student finance and fees .

According to million+, going into higher education is one of the best career moves a young person can make.

Recent data from the Office for Fair Access shows that most students will be paying the new higher fee arrangements by 2015/16.

However, million+ chief executive Pam Tatlow explained that applicants worried about student finance should not be perturbed by the rule changes.

"People will be able to borrow the money from the government and whatever the fee level, whether it is £9,000 or £7,000, they will pay it back at the same rate per month once they're earning over £21,000 and that will be for thirty years," she said.

The expert added that those from lower income backgrounds will find that most universities offer generous bursaries and scholarship schemes to help support them.
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