Enter the maintenance loan Student Finance has confirmed, plus any other income, then your rent and living costs. You'll see your yearly gap and how much each termly instalment must cover.
How the maintenance loan works
The maintenance loan helps with living costs. How much you get depends on your household income, where you study (living at home, away from home, or in London), and which country of the UK you're from. Apply through Student Finance England, Student Finance Wales, SAAS (Scotland) or Student Finance NI.
The loan is paid into your bank account in instalments, normally at the start of each term. The first payment arrives once your university confirms your registration.
Ways to close the gap
Ask your university about bursaries and hardship funds; many are means-tested and don't need to be repaid.
Check if your rent contract is 51 weeks — a 44-week contract can save hundreds of pounds.
Apply for a 16–25 Railcard and student discounts.
Frequently asked questions
Does the maintenance loan cover rent?
Often only partly. In many cities, university halls take most of the loan, so plan for other income.
Do I have to pay back bursaries?
No. University bursaries and grants don't need to be repaid, unlike the maintenance loan.