Undergraduate finance information

Information for prospective students

As a student-centred University, based on our welcoming Catholic ethos Newman is committed to providing a values-driven university education. Whatever your household income you can afford to attend university as tuition fees do not have to be paid up front, and only repaid once you start earning over £21,000 per year. Newman’s 4.5 year part-time degrees also offer a cost effective alternative to full-time study, costing just £4,950 per year which can also be paid for by government loans.

Our courses are designed not only to give you the knowledge and skills valued by graduate employers - Newman consistently has one of the best graduate employment rates of UK universities, but also give you the creative outlook and flexibility required to be successful throughout your career. Earning a degree represents an excellent investment in your future.

Newman’s prudent financial planning and stability has enabled the University to invest over £20million in transforming the campus including a new library and state-of-the-art teaching facilities. This investment ensures that Newman students have access to the high quality facilities they deserve. Our fee levels have been set to ensure that we can continue to invest in the best learning resources and lecturers to enable Newman graduates to reach their potential.

A fundamental part of Newman University's mission is to support social mobility through education. There is a range of student support and scholarship packages designed to provide financial assistance to students. Newman is sensitive to the concerns of some communities regarding interest bearing loans, which has been considered when developing our full and part-time fees.

It is important to remember that no fees have to be paid upfront and the monthly repayments made after graduation are based on your income, not the value of your loan.

Income each year before tax Income from which 9% is deducted Monthly Repayment (Approx)
£21,000 £0 £0
£25,000 £4,000 £30
£30,000 £9,000 £67
£35,000 £14,000 £105
£40,000 £19,000 £142
£45,000 £24,000 £180
£50,000 £29,000 £217
£60,000 £39,000 £292

Annual fees for students in 2017/18 *

Full-time Single and Joint Honours - £9,250
Part-time Single and Joint Honours (4.5 year course) - £4,950
Undergraduate Initial Teacher Education - £9,250

Fees for Foundation degrees and Top-up awards in 2017/18 *
Full-time Foundation Degrees - £9,250
Part-time Foundation Degrees - £4,500
Top-up awards from Foundation Degree or HND to Honours degree:

  • £9,250 (total fee for full-time or part-time students)
  • £6,750 (fee applies to students progressing from a Foundation degree studied at Newman to study at Top Up Level on a part time basis for 2017/18)

* Please note for 2018/19 anf future years thereafter, the University reserves the right to increase fees broadly in line with increases in inflation, or to reflect changes in government funding policies or changes agreed by Parliament.

Full-time finance support and repayments

It is important to note that no UK first degree student will have to pay fees up front. Loans will be available to all UK students from the government to cover the full cost of Newman’s tuition fees, and up to £8,200 towards living costs for full-time undergraduate students living away from home in Birmingham.

Repayable government Loans

Repayable loans for both the full cost of Newman’s tuition fees and living costs are available from the government. The amount of maintenance loan available depends on a number of factors including whether you live at home and household income. Loans do not have to be repaid until you have left university and are earning over £21,000. The loans will then be repaid at 9% of income over £21,000. Any outstanding loans will be written off after 30 years.

Interest rates for student loans

The rate of interest you pay on the loan (which is payable from when you take out the loan, not when you finish the course) depends on your household income:

If you earn less than £21,000 – interest is at the rate of inflation
If you earn between £21,000 - £41,000 – interest is at the rate of inflation plus up to 3%
If you earn over £41,000 – interest at the rate of inflation plus 3%

Whilst studying interest will be at the rate of inflation (RPI) plus 3% until the April after you have graduated.

Scholarships

Full-time students can receive one of Newman’s 2 scholarship schemes worth up to £10,000:

John Henry Newman Scholarship
Academic Achievement Scholarship
For more information, including eligibility criteria for the scholarship programmes please see our scholarships page.

The Academic Achievement Scholarships are for students studying on a full-time undergraduate degree course that charges the full tuition fee.

Maintenance Loans

The Government has confirmed that maintenance loans for part-time undergraduate students will be introduced from 2018.  Maintenance loans are loans which help pay for students' living costs, eg, food, books, accommodation and travel. Students can apply for student finance via the GOV.UK website.

Further Information

The Government's student finance website has information on the funding available to students and a useful student finance calculator

If you want further information, Martin Lewis' moneysavingexpert.com website has a detailed explanation of student finance:

Martin Lewis has also produced a useful video on student finance for 2012 (many of the points made still apply in 2017/18), so it is well worth watching). You can view it on YouTube by clicking here.

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