Getting Help With Fees and Funding
University is a big financial commitment, and may seem daunting at first. However, there is a lot of support available out there, especially for those studying Nursing. Your standard financial help from the Government is the first piece of funding you will receive, and is composed of:
- Tuition Fee Loan - this is a loan designed to cover your tuition fees until such a time after graduation that you can make repayments
- Tuition Fee Grant - this form of financial aid is non-repayable, and is also aimed at helping towards your tuition fee costs
- Maintenance Loan - this loan is to help towards general living costs as a student, e.g. accommodation
- Maintenance Grant - as with the tuition fee grant, this is non-repayable, and is also designed to help towards the living costs associated with being a student
Aside from the Tuition Fee Loan, all the aspects above are dependent on your household income, so you will receive varying amounts depending on your circumstances.
There are also other forms of assistance available out there, for example Disabled Student’s Allowance and Childcare Allowance. These will again depend on your personal situation and are dependant on your income in some cases.
If you are considering starting a degree in Pre-Registration Nursing there is a form of help available to most candidates offered through the NHS - The NHS Student Bursary. This is offered in several forms, consisting of:
- Tuition Fees Grant - it is possible that the NHS will pay all or part of your Tuition Fees, depending on each individual’s circumstances.
- Non-Means Tested Grant (NMTG) - if a student is eligible for a bursary then they are able to apply for this grant, which totals at £1000 (paid pro rata for part-time students).
- Basic Award - this is a means tested form of financial aid, and is therefore not available to all students.
- Practice Placement expenses - as part of all Pre-Registration Nursing degrees, candidates must complete a placement year. This may include working in a hospital environment, or other distanced area. Therefore you may be entitled to have part of your accommodation and travelling expenses reimbursed.
NHS Bursaries are paid in 12 monthly instalments throughout each year, aside from your first year in which the first two payments will be made simultaneously in the first month in order to assist with the initial cost of beginning a degree.
It is highly recommended that all students apply for financial aid, even if they do not believe they will be eligible due to family income, as it is likely they will at least receive the NMTG and some help towards tuition costs.
In addition to the NHS providing assistance towards a Nursing degree, other organisations such as the Royal College of Nursing and some charitable institutions aim to give financial aid to those stepping into the Nursing field. Some examples of other financial aid available to Student Nurses include:
- Hettie C. Hopkins Care of the Elderly Nursing Scholarship - this award is given to a student studying in Wales working towards a career focused on caring for the elderly.
- Global Scholarship Alliance - this provides complete tuition funding and other aid to help an individual complete a BA degree in the USA, and offers aid towards a 3-5 year appointment in a USA based hospital.
- Some universities offer scholarships to students – for example, the University of Glasgow offers an award of £1500 to a Student Nurse in their first year.
There will be steep competition for these awards, so it is important to not become disheartened if you are not successful. If you do decide to make an application though, then you must ensure it is to the best standard you can achieve. Make sure you obtain spotless references and fill out all forms to the best of your ability.
In any case, the support provided by the NHS for Student Nurses is very significant, and will help greatly towards the costs of your degree. A Student Nurse is likely to leave with much less debt than someone studying for a non-sponsored degree, and will therefore have a more comfortable start to his or her career.