Wales 2016/17 - grants and loans
Date of publication: 2017
Grants - note: In 2014/15, 66 % of first cycle applicants for support were awarded a grant
Need-based grant (euro): most common/max 6060
Merit-based grant (euro): -
Student grants1st cycle and short-cycle full-time: students can apply for a fee grant of up to GBP 5 100 and a fee loan of up to
GBP 3 900 to cover the full tuition fee. Repayments are income-contingent and set at 9 % of earnings above the
threshold of GBP 21 000; interest rates are Retail Price Index plus 3 %.
LoansThe support package also includes a need-based grant and a loan for living costs. The grant amount depends on
income, with a maximum of GBP 5 161 for students with a household income of GBP 18 370 or less. In 2014/15,
66.6 % of applicants eligible for support (grant and/or loan) received a grant (37.4 % of applicants received a full
grant and 29.2 % a partial grant). The maximum loan for students living in the family home is GBP 4 786. For
students living away from home, it is GBP 6 183 and less for students who receive a need-based grant. Repayments
are set at 9 % of earnings above the threshold of GBP 21 000; interest rates are Retail Price Index plus 3 %.
1st cycle part-time: students studying a course of at least 25 % intensity, or in short cycle programmes, can apply for
a loan to cover the tuition fee. A need-based grant is available to students studying at an intensity of at least 50 %.
2nd cycle: there is no universal support package. 2nd cycle postgraduate non-taught – individual institutions can
provide a merit-based grant, which tends to follow the minimum stipend recommended by Research Councils UK,
GBP 14 296 for 2016/17.
Source: Eurydice, National Student Fee and Support Systems 2013/2014, 2015/2016, 2016/2017