University College Falmouth charges £9,000 a year to all home and EU undergraduates starting their first degree with us. But what do the fees mean and what do you get in return?
- Significant funding cuts and changes in government policy mean that from September 2012, University College Falmouth will be charging all home/EU undergraduates £9,000 a year in tuition fees. Online and Foundation courses have a lower fee structure
- As an undergraduate studying with us, you’ll pay nothing upfront for your tuition fees
- A special student loans company will pay your fees and you’ll only need to repay them once you graduate and start earning more than £21,000
- The best way to think of the repayment scheme is as a graduate tax. The amount you repay is linked to your salary, so the more you earn, the more you’ll pay back each month. A graduate earning £25,000 a year will pay back £30 a month
- As a fee-paying student graduating from 2015 onwards, you’ll be £540 a year better off than one of your predecessors who earns the same salary. (When they graduated, they had to start paying back their fees as soon as they earned more than £15,000)
- Everyone studying at the University College will be eligible for a ‘cost of living’ loan, if money looks like it might be a problem. How much you can borrow will depend on your household income – for more information check out our undergraduate funding information
- Falmouth is one of the few institutions not offering a fee waiver, which means we have more money to invest upfront on top quality student support, facilities and staff
To make sure you get the most out of the money you spend with us, we’re investing too. The income we receive from your tuition fees is being pumped straight back in to provide you with the best possible experience while studying with us and starting your career. Over the next five years we’re:
- Growing AIR, our brand new £9 million multidisciplinary research and development lab, to open up exciting opportunities for collaboration with local, national and international businesses.
- Investing £2.5 million to safeguard and promote fair access to our courses for students from poorer backgrounds
- Employing world-class staff to head up and deliver our programmes of study. Staff costs make up over half of UCF’s annual expenditure, demonstrating our commitment to giving our students the very best learning experience
Support from Europe
Falmouth has benefitted from over a decade of EU funding. The European Regional Development Fund (ERDF) has been a major contributor to our infrastructure, resulting in leading-edge facilities and Falmouth's outward looking profile.
The ERDF has supported the Media Centre, the Du Maurier, Peter Lanyon and AIR buildings, and the Performance Centre at Tremough. The current development of The Exchange is being supported by Europe. The development of interactive arts at the Woodlane Campus was also due to EU investment.
European funding through the European Social Fund has allowed us to develop a highly successful work placement programme - over 1,000 placements since 2002. The same fund has now enabled us to offer research studentships and MA bursaries. Whilst at the tip of the country, our positioning is second to none thanks to the confidence of our investors and our dynamic, ambitious growth.
What you’ll pay at Falmouth
- £9,000 tuition fees each year of your degree
- Around £120 a week typical accommodation costs, compared to approximately £150 a week in London
- Materials, course trips and equipment: this varies depending on the nature of your course, but you need to be aware that things like printing (photographs, graphics), books and study trips are not included in the tuition fees. Finance advice is available for all students through the FXU Advice Service and some students may be eligible to apply for maintenance grants, loans, bursaries or scholarships to support their studies
- Low transport costs. Most of Falmouth and Penryn is within walking or cycling distance and campus buses currently cost just 60p
What you’ll get from Falmouth
- Use of our high-specification facilities - including our Performance, Media, Photography and Design Centres – hailed by many as some of the best in Europe
- Access to our talented, expert and pioneering staff, many of whom are still practising professionals
- Connections and contact with leading industry thinkers and organisations through live projects, guest lecturers and partnerships
- Close interaction with Cornwall’s booming creative industries – the highest concentration outside London – with ample hands-on opportunities priming you for life after graduation
- Graduate employment figures that are 15% above the national average and five times the number of graduate entrepreneurs than the national average
- Access to some of the most advanced digital infrastructure in Europe, thanks to the £132 million investment in Cornwall’s superfast broadband
- A unique university lifestyle unlike any other in the UK – rich creative culture, inspiring landscapes and an adrenalin-pumping coastline on your doorstep
Investment into Next Generation Broadband in Cornwall, set to make the region one of the quickest and best connected in Europe
New jobs created in the South West since 2002
UK’s creative exports from the South West
People employed in the creative sector in Cornwall and the Isles of Scilly alone
New businesses set up in the South West since 2002
Renewable energy schemes in the South West, making it the front-running region in one of the UK’s fastest growing business sectors
Where Cornwall sits on the list of most visited counties in the UK
Can I still afford to go to university?
Tuition fees don't have to be paid upfront and you only start to repay your tuition fee loan when you are earning over £21,000. Loans and grants are also available to help cover living costs.
Most full-time students should have about the same amount of financial support available as current students, but the amount borrowed will be larger.
On average, a university graduate earns £100,000 more during their lifetime - net of tax - than someone who leaves school at 18.
Financial help from the government
There will be three main forms of support from the government to help with fees and living costs:
- Tuition fee loans The government will lend any eligible student the money to pay the higher education institution for tuition costs. These are open to both UK and EU students.
- Maintenance loans These will be available to all eligible UK full-time students, irrespective of income.
- Maintenance grants Students from families with incomes of up to £25,000 will be entitled to a maintenance grant of up to £3,250. Those from families with incomes between £25,000 and £42,000 will be entitled to a partial grant.
Financial help from University College Falmouth
We will be offering a range of awards for students joining us in 2013. Some support will be in the form of a UCF Bursary, with additional support being funded through the National Scholarship Programme. For more details visit our undergraduate funding page
National Scholarship Awards (NSP) UCF will be focusing its NSP funding on Cornish residents by offering awards of £6,000 each - £3,000 in year 1 and £1,500 in years 2 and 3. Part of the award will be a cash bursary, the remaining money will be given as either an accommodation waiver, a fee waiver, on-campus credit, or a combination.
Other awards We already offer a number of bursaries and scholarships and we plan to announce more. We have various privately-funded awards, which we hope will remain unaffected by the proposed changes to student finance. These awards include our Wilhelmina Barns-Graham Scholarship (for Fine Art students), the Ferdynand Zweig Award (for international travel) and the Design for Sport Award (for Fashion and Performance Sportswear Design students).
Our funding calculator will give you an idea of the funding available to full-time undergraduate students.
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