Some students are entitled to means-tested, non-repayable grants that are intended to help with living costs. To find out if your son or daughter is eligible, visit www.studentfinancewales.co.uk or www.gov.uk/studentfinance
Student loans only have to be repaid once your child is earning in excess of £25,000*. Students are required to pay 9% of their income above £25,000, e.g. if your child is earning a salary of £30,000, this would mean a payment of approximately £35 per month.
*It has been confirmed that this level will be increased from £21,000 to £25,000 from 2018/19 for students applying to Student Finance England and Wales, but is still awaiting parliamentary approval.
Scholarships and Bursaries
Swansea offers a range of scholarships, including up to £3,000 for Academic Excellence and £1,000 per year for Sporting Success, along with income-related bursaries. For more information, please visit: swansea.ac.uk/scholarships
Part-time and Holiday Work
Many students take part-time work during term time and vacations. There are many opportunities to work on campus, and the city offers a good deal of seasonal work for those seeking to supplement their loans.
Maintenance loans are designed to help with expenses such as accommodation and food. These are dependent on a variety of factors, including household income and where the student chooses to study. Maintenance loans are typically paid to the student in three instalments throughout the year.