The importance of a student loan should not be underestimated. For many, it can influence their entire future. That’s because in the modern world, getting the right loan or just being approved for a loan can mean the difference between going to university and staying at home. This, in turn, can determine whether you have a successful career or not. That’s why, in the following article, we will teach you how to apply for student finance in England, in 2021.
Why get student finance
You might be wondering why you should get student finance in England. The answer is very simple. Because it is England.
England is probably the best place in the world for higher education. It features numerous high-end universities and colleges, where you can learn almost everything, it has history, it has everything. It even has a lot of entertainment. All of these, put together, cost a lot of money.
But the best part about England is that the government actually wants you to go to university. The English government is offering students loans which students can use to cover tuition costs and other expenses. These are also available for international students. The best part about them is the fact that you may not even have to pay them back. According to the rules established by the government, you only have to pay this loan back after you finish your studies and only if you earn more than £27,228 per year. If your yearly earnings fall below this threshold, you won’t have to pay anything back.
This is why so many international students are interested in finding out how to apply for student finance in England. They know that few other countries offer such opportunities. If you’re thinking about going to university, you should consider studying in England as well.
When to get student finance in England
When is just as important as how and why. And this goes double when it comes to student finance, as things can be a little bit more complex in England. But don’t worry, the system is again working in the student’s favor.
For example, this year, you can apply for student finance for not one but two academic years. You can apply to get a loan for the 2021-2022 academic year and you can still apply to get a loan for the 2020-2021 academic years. This is because students have a total of 9 months, after starting courses, to apply for student financing.
So if your course started in January 2021, you still have until September 2021 to apply for a student loan. Read our article on when to get student finance in England to find out more.
How to apply for student finance in England in 2021
Now you know why it is so important to know how to apply for student finance in England. You won’t find these opportunities anywhere else so you need to take advantage of them.
How you apply depends on two things:
- your nationality
- whether you have studied before
How to apply if you’re a new student from England
If you’re a new student and you’re from England, you can apply online. Most full-time and part-time students do it. They go to Student Finance England and set up an account online. Afterwards, they login and fill in the online application. Finally, they will send proof of their identity.
How to apply if you’re a continuing student from England
Continuing students are students who either move on to the next year of the course, who repeat a year, who return to a course after taking time out or who transfer to a new course. For them, it’s just as easy to apply for student finance as it is for new students. All they have to do is to log in to their student finance account, update their details and apply online.
How to apply if you’re a new or continuing international student
As easy as the entire process looks for new and continuing students born in England, it can in fact be a lot easier for international students. That’s because international students can use the help of student recruitment agencies in order to both find the best universities and courses for them and to apply for student finance.
Student recruitment agencies work with the universities to help them get the best students. As a result, their services for international students are free of change. If you are an international student, they will tell you everything you need to know about how to apply for student finance in England and will guide you from the start of the process to the very end.