UK undergraduate students studying their first degree can apply for two types of loan:
- a loan to pay for tuition fees
- and a maintenance loan to help with living costs.
You don’t need to start paying back the student loans until after you have graduated and are earning more than the repayment threshold, which is currently £25,000 per year. The amount you repay each month depends on how much you are earning – if you earn more, you repay more each month. Repayments are deducted from your salary at source.
Tuition fee loan
You can borrow the money from Student Finance England to pay your annual tuition fees. Student Finance England will pay the fees directly to the university. Students in Wales, Scotland and Northern Ireland can apply to their student funding body.
Maintenance loan for living costs
Your maintenance loan helps with living costs such as accommodation, food and travel. The amount of maintenance loan you get depends on your household income.
Student loans for academic year 2026-27
The UK government has announced that the amount of money you can borrow for you maintenance and tuition fee loans will increase each year in line with forecast inflation. That means the money you receive will go up as prices rise.
Students from the lowest-income households will see the biggest increases in cash support.
As a guide, in academic year 2025, the maximum that students could borrow for living costs was:
- £10,544 yearly, if living away from home and studying outside London (full-time student)
- £8,877 yearly, of living at home.
Learn more about student loans.