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England only

Student Finance Calculator 2012 - 2015 How much will you pay?

For all the info on part-time student finance, see our...
Year you are starting Uni
Tuition fees loan
per year
per year
Likely salary in 4 years
per year
per year
Course duration
Change our assumptions?
Average inflation (RPI)
per year
per year
Your salary growth
RPI -5%
per year
RPI 25%
per year
RPI +2%
Average UK earnings growth
RPI -5%
per year
RPI +15%
per year
RPI +1%

Discuss this tool Report problems

The results are a rough estimate only as a number of assumptions have been made...

  • Interest is accrued and applied monthly (in actuality it will accrue daily, but we have simplified so that the tool can work properly – this makes a difference of up to 'plus or minus 2%'.
  • You don't take any time off during the 30 years after graduation, and your salary rise is consistent. For those who will retire before the 30 years is up, there's a significant chance you'll repay far less.
  • Part-time students pay the full tuition fee each year they attend courses at the university.
  • Repayments start at the EARLIER of the April following graduation, or April 2016.
  • No tuition fee inflation, so if you pay £6,750 in year one, you pay it each year of study.

Try the following changes to see how it affects your repayments...
  • If you're going into a profession with very high salaries for those at the top, try increasing 'Your salary growth'.
  • Similarly, if you're looking at a career where salaries tend to remain static, you could set this lower.
  • Try changing the size of the maintenance loan - this varies based on where you live, and where you study.

If you are likely to take a long career break (unemployment, a sabbatical, travelling the world, or raising children), switch to part-time work or retire within 30 years, then you are likely to repay substantially less during that time - but the calculator can't factor this in.

Join in the Forum Discussion:
Discuss the tool
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