Undergraduate students can take out up to ?9,250 in tuition loans for public universities and ?6,165 for private universities
The government sold off some ?1.7 billion of its loan portfolio to a private holder in 2017 and a further ?1.9 billion in 2018. The sales were made for significantly less than the face value of the loans due to the likelihood that many would never be repaid.
Application Process
British citizens and residents of at least three years are eligible to apply for loans, as are refugees and children of Swiss nationals and Turkish employees. Read more