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Fee changes: what you need to know

Parliament has voted to change the fee system in England from 2012. Here are the most important things you need to know:

  • The new maximum fee universities can charge will be £9,000. However, universities will not be able to charge more than £6,000 unless they can show they are running effective access and bursary schemes.
  • You do not have to pay these fees up-front. They are covered in full by the tuition fee loan, which is available to everybody. You do not repay your loan until you have graduated and are earning more than £21,000 per year. After that, your repayments are based on your earnings, not what you owe: you will pay 9% of what you earn over £21,000 until you have repaid your loan or it is written off. (Your loan is written off after 30 years and in some other situations.)
  • The new fees will start in 2012 and will affect everyone who starts university that year, even if they applied the year before and deferred entry.
  • Part-time students will be able to get the same loan for fees as full-time students, so if you are studying part-time you will no longer have to pay your fees up-front.

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