September 18, 2012, by Harry Waddle
Dispelling student finance myths
Nottingham’s universities are teaming up this week to dispel misconceptions about the cost of entering higher education.
Concerned that many prospective students, do not have an accurate understanding of the new arrangements for fees and financial support, The University of Nottingham and Nottingham Trent are holding a joint information evening to coincide with National Student Finance Day on Thursday 20 September 2012.
Parents, teachers and prospective students are invited to attend in order to receive impartial, up-to-date information about university finance.
Dr Penelope Griffin, Head of Widening Participation at the University of Nottingham, explained: “The two key points are that no-one has to pay fees until after they graduate and are in a good job, and that there is more financial support for lower-income students than ever before.”
The University of Nottingham currently invests over £8million per year in bursaries and scholarships to ensure financial concerns do not limit the ambition of those with the ability to achieve academic excellence.
This investment includes the provision of core bursaries of up to £3,000 per year for students whose household incomes are less than £42,600, and additional financial support and fee discounts for students on certain courses or with specific circumstances.
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