... have sufficient funds to meet their basic living costs while studying, provided through a combination of loans, grants, and - where appropriate - parental support. • It is right that graduates should make a contribution towards the cost of their higher education, once they are earning and can afford to do so. • Repayments should be based on ability to pay rather than repaid in the shortest possible time. How much does it cost a student to go to university? The cost of going to university includes both course and living costs and involves choices that would seriously affect the amount of debt an individual may find themselves in, course costs are outlined below:- Course costs: • Government will continue to pay the bulk of the course costs for all students, through its annual grant to universities. This is equivalent to about £5,000 per student per year. • From 2006/07, universities will be able to charge students up to £3,000 per year. But no student ...

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