European Union students applying for universities in 2017/18 will still have access to student funding support
Among many other things, Brexit has been a huge pressure on international students looking to complete their studies overseas. On 21st April 2017 the Government announced that EU students applying for university places in the 2018 to 2019 academic year will remain eligible for financial support. The details of this announcement can be found here.
This means that students applying to study a degree in music, words or code at LCCM from 2017 to 2018 will be eligible for the same financial support as they are now. This will continue throughout their course, regardless of whether the UK exits the European Union during that time.
Universities Minister Jo Johnson has acknowledged the recent uncertainties for the higher education sector, stating that this new assurance will provide “important stability for both universities and students.”
Eligibility for EU funding
Under current regulations, EU students are eligible for undergraduate tuition fee loans if they have lived in the European Economic Area for at least 3 years prior to study. Undergraduate maintenance support and master’s loans are also available for EU nationals who have resided in the UK for over 5 years. Under EU law, EU students are also charged the same tuition fees as UK students – referred to as ‘home fee status’. Non-EU international students do not have their tuition fees capped in this way.
The recent funding decision is good news for EU nationals or their family members who are applying for a place at university this year. At least for now, the current funding rules will remain unchanged and all applicants eligible for student loans and/or grants under the current terms will be able to receive those for the duration of their course.