The University of Bolton offers an impartial and confidential information and advice service to students on a range of financial issues. We can advise on the various types of funding which may be available to you, provide information on tuition fees, and update you on any financial changes for the next academic year.
If you are having difficulty managing your finances whilst studying at university, we can help you work through your problems with budgeting and money management sessions. Learn how to manage your finances and avoid getting into debt. We act as a referral agency allowing you to get in touch with the right people.
Messages for continuing full-time, Student Finance England HE undergraduate students
Re-apply for your student finance as soon as possible to make sure you have your money when you return to your course. You can do this at: www.gov.uk/studentfinance
Re-applying for student finance is easy. You can go online and re-apply for student finance as soon as possible. You need to print out the declaration form, sign it and return it to SFE. Once we’ve processed your application you will receive your Student Finance Entitlement letter. If you applied for Disabled Students’ Allowances (DSAs) last year along with your student finance, you won’t need to re-apply for DSAs every year. If you only applied for DSAs last year we’ll send you the form to re-apply. If you’re applying for DSAs for the first time, you’ll need to download the form from www.gov.uk/studentfinance, or let us know and we’ll send you a copy.
For a range of helpful tools and guidance visit: http://www.thestudentroom.co.uk/content.php?r=5659-Student-Finance
It is important to note that most students will not be expected to pay anything up front. Every UK student studying for their first undergraduate degree is entitled to apply for a tuition fee loan. There is also a maintenance loan and a maintenance grant available for students to help cover the cost of living whilst studying.
The fees for all full-time undergraduate degree courses have been set at £9,000 per annum. You will only start to pay back the Tuition Fee Loan and the Maintenance Loan once you have graduated and are earning over £21,000 (threshold will rise to £25,000 from April 2018). There is more information about how this is calculated on the Student Finance Guide
Payment of tuition fees
If you are having any trouble with your fees please get in touch, as arrangements can be made to spread the cost of tuition fees. If you wish to make arrangements to pay or have any other enquiries regarding payments please contact:
Financial Services Office,
t: +44 (0)1204 903 180 or +44 (0)1204 903 011
For details of ways to pay and the university bank datails please click here
Need to speak to a member of the finance team?
If you have any questions or queries about your student funding, please get in touch with a member of the Funding team, if you need to enquire about the availability of funding, require help with budgeting or a more detailed discussion, a Student Funding Advisor is available by e-mail, telephone or face to face at drop-in sessions and scheduled appointments in the Student Centre.
Help with Student Finance England
If you are having problems with your student funding and would like one of the Student Funding Advisors to contact Student Finance England on your behalf, you will need to set up “Third Party Consent to Share”.
This means that an advisor from the university can speak to Student Finance England regarding your application for student funding on your behalf, without the need for you to be present, to facilitate this process you must first contact Student Finance England and give permission for your information to be shared with a third party.
To set up Third Party Consent to Share:
- Contact Student Finance England: +44 (0)300 1000 607
- Request to set up Third Party Consent to Share be given to “the advisory team at my university”
- Create your own Consent Password
You will then need to notify the Student Funding Advisor of your Customer Reference Number, chosen Consent Password and student details.
*Third Party Consent to Share is not consent to share for bursary and scholarship purposes
The Student Loans Company (SLC)
SLC has launched improvements to its online account system to make it more efficient and user friendly. You can now log in to your online account using either your Customer Reference Number (CRN) or the email address that is registered to your account. Steps have also been taken to make it simpler to retrieve secret answers and passwords.
Top Tips to help you maintain your online account: You can now log in to the Student Finance account using either your Customer Reference Number (CRN) or the email address that is registered to your account.
- If you don’t know your password, or secret answer you can click on the “Forgotten your password/secret answer?” links and tell us some basic information to identify your account so that you can reset your password or secret answer.
- The postcode we ask for to help us identify your account is any that is registered to your account, either your home address or term time address.
- When requesting a new password via email you will now receive a web address in the password and secret answer reset emails (not temporary credentials).
- Keep your email up to date in your account so that you can use it to login (and to recover login details should you ever forget them).
For more information on funding from Student Finance England please visit their website: http://www.sfengland.slc.co.uk
Student Loan Repayments
SLC have a dedicated website regarding Student Loan repayments: www.studentloanrepayment.co.uk
Please note when you are in the repayments system if you change your home address or name or have a period of residence abroad that exceeds three months you must notify the Student Loans Company of the change within six weeks or they may impose a “non compliance interest rate” of RPI + 3%.
Beware of Scam emails
Student Finance England has circulated a warning to all students who receive funding from the Student Loans Company. Scammers are targeting students around the scheduled payment dates, September, January and April, when you may receive a lot of communications from either Student Finance England or the Student Loans Company.
Scammers are contacting students by email to try to obtain their bank details. If they succeed they are then able to withdraw Student Loans Company funding from your bank account. Student Finance England has advised that they will never ask a student to confirm their bank details by email. If you receive an email which seems to have genuinely come from Student Finance England or the Student Loans Company and is asking you to confirm your bank details by email do not respond and report it to: email@example.com. To help to prevent scammers getting hold of your details remove your email address if it’s online or hide it on social networking sites. If you have already responded to an email and given your bank details change your bank account password immediately and contact the security email address shown above.
Please note this will not affect you if you do not receive funding for living costs from the Student Loans Company.
Query about Student Finance?
You can visit Student Finance England’s Student Room http://www.thestudentroom.co.uk/content.php?r=5659-Student-Finance as well as regular sessions on the SFE facebook page at www.facebook.com/SFEngland . We can also be found on twitter at www.twitter.com/SF_England.
Page last reviewed and updated January 2018.