Can you get student funding for Open University?
One way of financing your Open University studies is by taking out a Part-Time Tuition Fee Loan (also known as a student loan). This is by far the most popular way of financing Open University studies. Currently, over 80% of our new students in England are paying their fees with a loan.
How is Open University funded?
Although most of our funding does come from UK and international student fees, we also receive money via the UK Government in the form of funding body grants and through our own fundraising.
Can you get a maintenance loan for Open University?
Students studying with The Open University can access a broad range of financial support towards their tuition fees, maintenance costs and the study-related costs they incur throughout the duration of their qualification. Maintenance Support. Discretionary Funding, Bursaries & Scholarships.
Can you get SAAS funding for Open University?
You can also get some help to pay for some of the costs of studying, like tuition fees, from SAAS.
Are Open University degrees respected?
As a top-rated academic institution, the Open University’s degrees are respected by employers. In fact, 75 per cent of the top 100 FTSE companies have sponsored their staff on these courses. Since the outset, the Open University has not asked for any formal qualifications to enter undergraduate-level study.
Does Open University affect benefits?
All OU students are considered part-time students. That means, even if you choose to study at full-time equivalent intensity, you’ll be a part-time student and your eligibility to claim existing state benefits and/or to fund your studies with a Part-Time Tuition Fee loan will usually be unaffected.
Is Open University part-time?
Flexible study Because OU study is flexible, you don’t have to stick to just part-time or full-time study. You can choose to study more or less each year to suit you.
How much does it cost to get loan for Open University?
A Tuition fee loan of up to £3,296.25 in 2020/21 academic year, available as a top-up, or alternative, to the fee grant for new and continuing students Students must be working towards a qualification higher to that they already hold
Are there any scholarships available at Open University?
Open University scholarships are offered by Open University to study or research there. There are various Open University scholarships, internships for international students. Apart from the university-based scholarships, there are many other organizations including foundations, trusts, corporates etc.
How much do open university students pay per module?
Students must self-fund their module fees upfront and payment of any grant/loan will be made after students have started studying. Eligible students will receive a non-repayable grant of between £1,000 and £6,885 depending on household income. A Postgraduate loan is then available to top up the amount of funding received to a maximum of £17,489.
How is the Open University bursary paid to students?
The Bursary is in addition to any postgraduate government funding students are eligible for and will be divided across the number of years students are completing their studies in – two or three years. Each year’s allocation will be paid in three instalments directly into a nominated bank account by The Open University.
