The new package of support will provide new students with a small non-means tested grant, a means tested bursary and a reduced rate non-means-tested loan. The loan will be provided by Student Finance England. As with the current scheme, different rates of means tested bursary and loan will apply according to where a student lives and studies, whether in London, outside of London, or with their parents.
This means that a healthcare student on an eligible course of 45 weeks in duration and studying outside London could receive a non-means tested grant of £1,000, a means tested bursary of up to £4,395 and a non-means tested loan of up to £2,324.
It is planned that these changes will take effect from September 2012. Any changes which are made will apply only to new students who begin their training on or after the date on which the changes come into effect. Existing students will remain on the current scheme.
View full details of the NHS student support package.