Student loans are there to help cover the cost of your education.
UK students planning to study full-time or part-time can apply for loans to help cover the cost of tuition fees and living costs.
Some EU/EEA students who meet EU Settlement Scheme and residency requirements may also be able to apply for one or both of these loans. Check out gov.uk for more information or email our Finance team at finance@icmp.ac.uk
The following student loans are available to those in the UK:
- Tuition Fee Loan for full-time students
- Tuition Fee Loan for part-time students
- Maintenance Loan for full-time students and new part-time students to help with living costs
To get an idea of what loans and grants are available to you, use the Student Finance Calculator (full-time students only).
Previously studied at degree level? If you have previously studied at degree level anywhere in the world you may find that you are not entitled to the Tuition Fee Loan. If you already hold a degree, you may not be entitled to receive any funding at all for your course. If you are not entitled to funding you will need to pay the tuition fees yourself.
To confirm how you'll be funding your studies, or if you have any questions, please contact the Finance Team at finance@icmp.ac.uk or on 020 7604 2465.
full-time students
The Tuition Fee Loan will cover the cost of your course to a maximum of £9,250 if starting a course in 2023/24. It will be paid directly to the University by Student Finance England.
part-time students
Part-time students are also eligible for the Tuition Fee Loan.
- The amount paid to the University will be the actual cost of your course to a maximum of £6,935 if starting a course in 2023/24.
- Your course needs to be at least 25% of a full-time course to qualify for the loan.
Check the Student Finance England website for more information.
How to apply
You will need to apply online for your Tuition Fee Loan. For more information, visit the student finance section of the gov.uk website.
Previous Study
If you have previously studied at degree level anywhere in the world you may find that you are not entitled to the Tuition Fee Loan. If you already hold a degree you may find that may not be entitled to receive any funding at all for your course. If you are not eligible for any funding you will need to pay the tuition fees yourself.
Repaying student loans
The full-time Tuition Fee Loan and Maintenance Loan do not need to be repaid until you have finished your course and are earning more than £27,295 per year.
The earliest you'll start to repay your loans as a full-time student is the April after you have left your course. As a part-time student, you may start making repayments while you're still studying (from April four years after the start of your course), provided your earnings at that point are more than £27,295 per year.
You will pay 9% of your annual income over the repayment threshold of £27,295. If your income falls below £27,295 your repayments will stop.
The interest on the loans is calculated at the rate of inflation plus 3% whilst you study, then at the rate of inflation plus 0%–3% depending on your earnings.