Student Funding

1. Introduction

UK and EU students may be entitled to a student loan from the Student Loans Company to cover the cost of their tuition fees. UK and EU students may also be eligible for a student loan or grant to cover their maintenance cost whilst studying.
Funding from the Student Loans Company is dependent upon meeting the eligibility criteria for public funding.

2. Tuition Fee Loans

The Tuition Fee Loan covers the fees you're charged each year of your course. It's paid directly to the college. Your Tuition Fee Loan covers all of your fees for the following two year full-time courses.

Courses
Tuition Fee Loan (per year)
HND Business £6000.00
HND Travel and Tourism Management £6000.00
HND Hospitality Management £6000.00
HND Health and Social Care £6000.00
HND Electrical & Electronic Engineering £6000.00
HND Computing and Systems Development £6000.00

3. Maintenance Loans for living costs

The exact amount full-time students can borrow depends on: your family's income; where you live; what year of study you're in etc.

4. Maximum Maintenance Loan rates for full-time students at ICON College

All the maximum rates stated below are per academic year of study.

Where you live and study
Maintenance Loan
You live at home and study at ICON £6,904.00
You live away from home and study at ICON £10,702.00

5. Repaying Your Student Loan

Full-time students begin paying back their student loan once they finish their course and earn more than £17,495.00 per year. However, if your income falls below £17,495.00 a year, your repayments stop.

Example repayment amounts

Income each year before tax Monthly income Monthly repayment
Up to £17,495 £1,457 £0
£18,500 £1,541 £7
£21,000 £1,750 £26
£24,000 £2,000 £48
£27,000 £2,250 £71
£30,000 £2,500 £93
 

 
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ICON College of Technology and Management
Unit 21-22, 1-13 Adler Street,
London E1 1EG
United Kingdom
Tel: +44 20 7377 2800
Fax: +44 20 7377 0822
E-mail: info@iconcollege.com
 
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