Finance

How much will your degree cost?

The full-time undergraduate tuition fee for the academic year 2012-13 for all new entrants at Norwich University College of the Arts is £8,500 for all undergraduate courses. This reflects the cost of delivering the highest quality teaching and the resources we are widely commended for and which you would expect from a specialist institution. There is lots of financial support available to make this affordable and a valuable investment in your future.

The fee for students commencing at Year 0 is £3,500 for that year's study.

The postgraduate tuition fee for students starting an MA course in 2012 is £4,600 to study full-time, with part-time study across two years incurring a tuition fee of £2,530.

Equivalent Learning Qualification fees will not be applied for students commencing study in 2012.

*Citizens of the European Union

What financial support is available?

As with fees for 2011, THERE ARE NO UPFRONT COSTS. Tuition fee loans and loans for living costs are available for all students as well as grants and NUCA bursaries, which take family income into account, and which you do not have to repay.

Tuition Fee Loan

• Available to cover the full cost of your tuition.
• You don't have to pay for your course upfront yourself.
• Only start paying back when you are earning over £21,000 per year.

Maintenance Loan

The Student Maintenance Loan helps with living costs such as accommodation, food, clothes, travel and course expenses. This loan is available to new and existing eligible UK students and the amount students receive is dependent on household income and any maintenance grant received.

• A loan of up to £5,500 will be available if you live away from home.
• A loan of up to £4,375 will be available if you live with your parents.

Maintenance Grant

New full-time undergraduate students from lower income households are able to apply for a non-repayable Maintenance Grant of up to £2,906 a year to help with living costs such as food, accommodation and travel. The Maintenance Grant is paid in three instalments, at the beginning of each term, directly into students' bank accounts.

• If the household income is £25,000 or less students will receive a Maintenance Grant.
• If family income is above £25,001 and below £42,600 students will receive a partial grant.

NUCA Scholarships and Bursaries

The National Scholarship Programme (NSP) is a government supported scheme designed to ensure that talented students from low income households are able to attend university. In 2012-13 the University College will also offer a bursary to new entrants who are not awarded a National Scholarship and who qualify for full government maintenance support.

• Find out more about NUCA's Scholarships and Bursaries

Making your application

• How to apply for student loans and grants
• Further information on eligibility and criteria is available from the Department for Innovation, Universities and Skills.

Loan repayments

• Only start paying back when earning over £21,000
• Then repay 9% of your income over £21,000. E.g. Earning £25,000, pay 9% of £4,000 = £6.92 per week.
• If your salary falls back below £21,000 your repayments stop.
• Loan repayment deducted from your salary monthly through the tax system.

If you have not repaid it after 30 years it is written off (30 years starts the April after you graduate).

Rates of interest

• Interest on your loan will be applied at inflation (Retail Price Index - RPI) plus 3% while you are studying and up to the April after you leave university.
• From then, if you are earning below £21,000 interest will be applied at the rate of inflation
• Once you are earning between £21,000 and £41,000 interest will be applied between RPI and RPI plus 3% on a scale depending on income
• For graduates earning over £41,000 interest will be applied at RPI plus 3%

NUCA student fees payment policies

• Undergraduate Student Fees Payment Policy 2011-12 (75k)
• Postgraduate (Taught) Student Fees Payment Policy 2011-12 (74k)

Please note that these policies relate to 2011/12, not 2012/13. The Student Fees Payment Policies for 2012/13 will be issued later in the year.