Fees and Finance
Cambridge is a relatively inexpensive place to study thanks to the substantial additional support available from the University and Colleges. Therefore, don't let the costs put you off from applying and missing out on some great opportunities!
Whichever university you choose there are two costs that you'll need to consider:
Please note: The details in the following pages are for UK and EU students starting a course at the University of Cambridge in October 2008. If you are from outside the EU, there are different arrangements, and you should check the costs and fees for international students page for details.
For further advice on student finance and what support is available, please consult the government's Directgov Student Finance webpages (www.direct.gov.uk/studentfinance/).
- Government student loan for living costs (for UK students only)
- Government maintenance grants (for UK students only)
- Cambridge Bursary Scheme (for UK students only)
- College awards
- Access to Learning Fund
- Sports grants and bursaries
- Music awards
- Support for students with a disability
- Support for students with dependent children
In addition to the student loan for fees you will be able to take out a student loan to cover your living costs. As a guide, in 2007–08 the maximum amount that can be borrowed by students living away from home is £4,510. The money you borrow will have to be paid back in instalments once you have graduated and are earning a minimum salary determined by the DfES (currently £15,000 per year).
To help cover your living costs you may also be entitled to a government maintenance grant and a Cambridge Bursary.
Since 2006, new full-time students from lower-income households have been eligible for a non-repayable maintenance grant (up to £2,765 in 2007–08). The amount you will receive is dependent on your family’s income, assessed by your Local Authority or award agency. (Receipt of a maintenance grant will reduce the size of student loan you can receive by up to £1,230. Therefore the maximum sum available in 2007–08 from the maintenance grant and student loan will be £6,045: details are available on the DfES website.)
There are also grants available for certain groups of students such as student parents and those with a disability. More information about these forms of financial support is available from the DfES.
|Cambridge Bursaries and Costs: The facts|
We are committed to the principle that no UK student should be deterred from applying to the University of Cambridge because of financial considerations, and that no student should have to leave because of financial difficulties. As a result we have one of the most extensive financial support programmes in the UK to ensure that students can meet the cost of their Cambridge education, regardless of background.
How much will the bursaries be worth?
The Cambridge bursaries will be worth up to £9,450 over three years or £12,600 over four years. The value of each bursary will be based on parental income, and calculated on a sliding scale up to a maximum of £3,150 per year in 2008-09. The Bursary Scheme and the maximum value of the bursaries awarded will be reviewed each year. There is a higher level of bursary for mature students, described below.
Who is eligible?
There will be no limit to the number of bursaries available. UK students accepted onto a Cambridge course and in receipt of the full £2,765 maintenance grant, as assessed by their Local Authority (LA), will qualify for the full £3,150 per year bursary (£5,250 per year for some mature students). Bursaries of smaller amounts will be awarded on a sliding scale to all those students who qualify for a lower level of maintenance grant. Bursary amounts may be reduced in cases where a student has significant income from another sponsor. Income from family sources or from vacation employment is not included in this assessment.
You will be eligible for a bursary for each year of your undergraduate course as long as you continue to meet these conditions.
The table below shows the estimated level of Cambridge Bursary and government maintenance grant that students will be entitled to in 2008-09 according to level of household income*.
|Up to £25,000||£2,825||£3,150||£5,975|
*'Household income' is the household's gross taxable income remaining after certain sums including pension payments and allowances for other dependent children are deducted. More information about this is available from your Local Authority or the Student Loans Company.
What if I am a mature student?
A higher level of bursary is available for mature students who have to remain in Cambridge throughout the year. A UK student who meets this condition and who qualifies for a full maintenance grant will be entitled to a Cambridge Bursary at the higher level of £5,250 each year, providing up to £15,750 over three years or £21,000 over four years.
How do I apply for a bursary?
Applying for a bursary is a simple and straightforward process. You will be given an application form by your College when you arrive in Cambridge, which you must complete and return by the due date.
There are additional sources of funding available at College level to which students can apply. See the College awards page for further details.
The University also has an Access to Learning Fund to support students that have particular financial needs or who are facing unexpected financial difficulties. More information is available on the University's Access to Learning webpage.
A small amount of financial support is available to outstanding sportspeople studying at the University. See www.sport.cam.ac.uk/bursaries/ for details.
Cambridge is well-known for the excellence and diversity of its music-making, and as a result has a number of choral, organ and instrumental awards for outstanding musicians. More information is available from our Music Awards pages.
Students with a disability may be eligible for the government's Disabled Students' Allowance, to help with costs incurred as a direct result of their disability. More information is available from the Department for Education and Skills (www.dfes.gov.uk/studentsupport). The University also has a number of funds specifically for students with a disability and more information is available from www.admin.cam.ac.uk/univ/funds/disability/.
Financial support for students with dependent children is available from the University through the Access to Learning Fund and the Childcare Bursary Scheme. For more information see www.admin.cam.ac.uk/univ/funds/parents/.