Fees and funding

Students sat outside

Universities vary widely in the financial support they offer – which means choosing the right university really can make a difference.

Whether you’re going to be making a financial contribution, or your son/daughter will be self-funding their studies, there might be more financial support available than you think.

Finance tabs

Tuition fees

Fee status

The level of tuition fees your son or daughter will be charged is based on their fee status, which is assessed in line with UK government legislation.

Find out more about the guidelines for assessing fee status:

Home/EU student fees

Tuition fees for Home/EU undergraduate students are regulated by the UK government.

The Home/EU tuition fee for 2016 entry undergraduate courses at Imperial will be £9,000 per year.

Tuition Fee Loans

Home and EU students do not need to pay the money for tuition fees upfront – Tuition Fee Loans are available from the UK government through the Student Loans Company for every year of study. The loan is paid directly to your child’s university.

Rates of interest

The Tuition Fee Loan attracts a small interest rate, even while your child is studying. During study until the April after they graduate the rate is that year's inflation rate + 3%. March 2015's inflation rate was 0.9%.

Does the money need to be paid back?

Yes, your son/daughter will need to pay back the Tuition Fee Loan. They will start making repayments once they:

  • have graduated;
  • are in employment;
  • and are earning over £21,000 a year

Repayments are calculated on how much they’re earning over the repayment threshold, not on how much they owe in total. The government also writes off any unpaid debt after 30 years.

For more information about the Tuition Fee Loan and who is eligible, please visit the gov.uk website.

Overseas student fees

Overseas student fees vary per course – see our course pages for details.

Students from outside the EU are not eligible for a Tuition Fee Loan from the UK government. However, we encourage your son or daughter to contact their Ministry of Education or British Council education advisor for information on what funding may be available towards their tuition fees.

For more information on tuition fees, please visit our Fees and Funding webpages.

Living costs

Below is a guide to living costs at Imperial for one academic year. The accommodation contract length will be 38 weeks and 5 days for students beginning at the College in 2018.

Actual costs may vary according to lifestyle and your son/daughter’s ability to budget effectively.

Please bear in mind that students living in private accommodation normally need to sign a 52-week contract.

Cost of living in London (academic year 2016-17)
 Weekly (£)39 weeks* (£)
Accommodation and utilities: College Halls of Residence1 1682 6,552
Accommodation and utilities: Private 155 6,045
Food 50 1,950
Travel (Zones 1–3 with 18+ Student Oyster) 28 888
Personal and leisure 50 1,950
Books and course costs 10 390
Total 293 – 306 11,223 – 11,730

1 The average College Halls of Residence cost is for 2015–16. The 2016–17 average cost will be confirmed and published over the summer 2015.

2 Although the average cost of College accommodation is £168 (inclusive of a £2/week Halls Activities Fund), it's important to note that 63% of College accommodation costs less than the average cost of living in London privately (£155).

* 38 weeks and 5 days

Where can my child get funding?

If your son/daughter is a Home student, they can borrow money from the UK government towards their living costs in the form of a means-tested Maintenance Loan. These have replaced the previous maintenance grants. The amount your son/daughter is eligible for will depend on their household income.

From 2016 the maximum loan amount for Home students studying in London with household incomes of £25,000 or less a year will be:

  • £10,702 per year if they’re living away from home
  • £6,904 per year if they’re living at home

These loans are administered through the Student Loans Company, and paid directly into your son or daughter’s bank account in three instalments (one per term) each year.

Does the money need to be paid back?

Yes, your son/daughter will need to pay back the Maintenance Loan. They will start making repayments once they:

  • have graduated;
  • are in employment;
  • and are earning over £21,000 a year

Repayments are calculated on how much they’re earning over the repayment threshold, not on how much they owe in total. The government also writes off any unpaid debt after 30 years.

To find out more about Maintenance Loans, please visit the gov.uk website.

For more information on loans and grants, please visit our Fees and Funding webpages.

Funding from Imperial

Imperial Bursary

To help balance the cost of London living, all Home students from households with an annual income below £60,000 – whether living at home or away – will receive an Imperial Bursary on a sliding scale from £2,000 to £5,000 per year.

Eligibility is based solely on household income and is available for every year that this remains below the £60,000 threshold.

We automatically award bursaries on the basis of the household income information provided to your son/daughter's regional funding authority e.g. Student Finance England for students from England.

Unlike government funding which is normally paid in three annual instalments, the Bursary is paid in equal monthly instalments throughout the year direct to your son/daughter's bank account – and they never have to pay it back!

Undergraduate President’s scholarships

These scholarships are designed to reward the most talented students – regardless of nationality – at the start of their academic career.

Each award is worth £1,000 for every year of study, with up to 112 awards available for 2016 entry.

Each department will nominate candidates for consideration based on their academic potential as demonstrated in their UCAS application and interview/test performance (where relevant).

£1,000 is paid direct to your child’s bank account at the start of the first term. This happens each year that their undergraduate course lasts, and the money does not need to be paid back.

External funding

A growing number of external organisations offer scholarships to students, which have varying criteria – our scholarships search tool will help you and your child locate ones available to them.

For more information on bursaries and scholarships, please visit our Fees and Funding webpages.

Student Support Fund - current students

If your child's financial circumstances change whilst they are studying at Imperial, they may be eligible to apply for emergency support from the Student Support Fund. The Fund offers a one-off payment of up to £2,000 to cover such emergencies as last minute accommodation and travel necessities, equipment and childcare. It does not have to be repaid.