Finance Questions

  • When do I need to apply for Student Finance?


  • How often do I need to apply?


  • Can I apply Online?


  • Which institution do I put in?


  • Will the student loan cover the full tuition fee?


  • How much are the course fees?


  • Will I receive a maintenance Loan?


  • How much maintenance loan will I get?


  • Do you offer tuition fee waivers?


  • I have studied at degree level before, will I still get a student loan?


  • Do you offer Bursaries?


  • When is the Tuition Fee Loan and Maintenance Loan paid?


  • When would I start paying the loan back?


  • I am a self funding student, how and when do I pay my fees?


  • How do I apply for travel bursary?


  • How do I apply for DSA (Disabled Students allowance)?


  • I am applying for a scholarship, do I still need to apply for student finance?


  • I am experiencing financial hardship, what help can I get?


  • Can I get help with travel costs?


Finance Questions and Answers

Q: When do I need to apply for Student Finance?

A: Applications open on the Student Finance system in March and you should apply as soon as possible.

 

Q: How often do I need to apply?

A: You need to apply for each year of study.

 

Q: Can I apply online?

A: Yes, it is a much quicker and easier way of applying, however if you are an EU student you will need to complete a paper application form. https://www.gov.uk/student-finance-forms

 

Q: Which institution do I put in?

A: It depends on where you study. If you are studying at Birmingham or Guildford campus, you would put ACM Guildford LTD. If you are studying at our London campus, you would put Falmouth University, as this is the University awarding your degree.

 

Q: Will the student loan cover the full tuition fee?

A: Yes, you can now apply for the full tuition fee, so you will not have any top-up fees to pay.

 

Q: How much are the course fees?

A: For new students starting in September 2019 the fee for the foundation year is £9250 and the fee for the 2 year accelerated degree is £11100 per year. The fees are reviewed and subject to change on a yearly basis. Continuing students please contact studentfinance@acm.ac.uk who can confirm your fees.

 

Q: Will I receive a maintenance Loan?

A: If you are a UK student, yes. If you are an EU student, under the current ruling, no. EU students are only eligible if they have lived in the UK for more than 5 years before the 1st day of their course.

 

Q: How much maintenance loan will I get?

A: Maintenance loans are means tested and the amount awarded depends on your household income. You can use the online calculator to get an estimate of your entitlement here https://www.gov.uk/student-finance-calculator (Links to an external site.).

 

Q: Do you offer tuition fee waivers?

A: We do offer a tuition fee waiver to students who cannot access full course funding due to student finance caps within their region, i.e Scotland, Wales and N.I. Students who may fall under this category should email studentfinance@acm.ac.uk for further information.

 

Q: I have studied at degree level before, will I still get a student loan?

A: Depending on how many years you have studied before, you may be entitled to part funding. You will need to contact Student Finance and ask them to confirm your entitlement.

 

Q: Do you offer bursaries?

A: Yes, we offer bursaries too.

 

Q: When is the Tuition Fee Loan and Maintenance Loan paid?

A: On confirmation of Registration, the Maintenance Loan will be paid direct to the student in September, January and April (Start of each term). On confirmation of attendance, the Tuition Fee Loan amount will be paid direct to the institution in October, February and May.

 

Q: When would I start paying it back?

A: You will start to pay back your Student Loan once you have completed your course and you start to earn over £25,000 a year.

 

Q: I am a self funding student, how and when do I pay my fees?

A: We have various payment methods and instalment options for self funding students. Please email studentfinance@acm.ac.uk for more information.

 

Q: How do I apply for a travel bursary?

A: Diploma students may be eligible for a travel bursary, to apply please email studentbursary@esc.ac.uk

 

Q: How do I apply for DSA (Disabled Students allowance)?

A: When you apply for Student Finance, let them know you wish to apply for DSA and you will need to complete an application form and send necessary evidence to support your application to them.

 

Q: I am applying for a scholarship, do I still need to apply for student finance?

A: It is recommended that you apply for student finance even if you have applied for a scholarship as it takes some time to process applications. If you are offered a scholarship you can then withdraw your student finance tuition fee application.

 

Q: I am experiencing financial hardship, what help can I get?

A: Current HE students can apply for a hardship loan via Student Services. The maximum amount you can borrow is £1000. Students will need to provide evidence of financial hardship and be engaged on their course.

 

Q: Can I get help with travel costs?

A: Students under 18 years of age may be eligible for a travel bursary. You can apply via East Surrey College by emailing them at studentbursary@esc.ac.uk.