I am sure that many of you will have heard of the government’s plans to increase university tuition fees for English residents from September 2012, and Millfield students have been fully appraised of these.
Although the detailed proposals have not yet been finalised, it is known that fees for English residents starting university in 2012/2013 will rise from the current £3,375 p.a. to between £6,000 and £9,000 p.a. Recent press reports have tended to suggest that many universities will set these fees at the £9,000 level. However, those who enter university in September 2011 will benefit from being charged at the current level (plus inflation) for the entirety of their degree course.
The effect of these changes on the current Upper Sixth has been profound. Most have, unsurprisingly, opted not to take a gap year, and this pattern has been repeated nationally with applications increasing by 7%, although this has varied greatly from subject to subject and from university to university. The year group has been fortunate to avoid the increased fees, but they will be under great pressure to meet the exact terms of their offers on 18th August.
It is fair to assume that the Lower Sixth might well benefit from less competition, and parents might like to know that tuition fees will not be demanded on entry and the students will be liable for repayment at a low rate of interest once they are earning over £21,000 p.a. Means–tested bursaries will also be available.
These new arrangements apply only to English residents and other UK and Islands residents can find out their fee details at www.direct.gov.uk/studentfinance. Overseas residents have been completely unaffected by these changes and are treated differently; their applications not competing with those of home students at all.
Please do not hesitate to contact the Higher Education & Careers Department if you have any questions on this or any other university matters at careers@millfieldschool.com.
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