Contact us

Blog

Maintenance Grant Scrapped

LinkedInFacebook

Last year the government proposed a stop to students grants of up to £3500. This has now been actioned by the Chancellor George Osborne and will come in to force from September 2016. In his budget, Mr Osborne said the grants had become “unaffordable”. He also stated that tuition fees could rise above £9,000 per year for those institutions offering high-quality teaching from 2017 -18. Critics of the new policy, have said many low and middle income students could now be put off university by these measures. Currently, students from families with annual incomes of £25,000 or less get the full grant of £3,387 a year. This will now be stopped which now presents a huge barrier to this income group in going on to University.

From the 2016/17 academic year maintenance grants will be replaced with loans which can be paid back once a student starts to earn over £21,000 per year. Universities plan to freeze the loan repayment threshold for five years and will link the student fee cap to inflation for those institutions that can show they offer high-quality teaching.”

This is where Online Business School can help students by allowing them to continue to study at a fraction of the cost of a conventional University degree without compromising on the quality of their education. Students have total flexibility in how and when they study and also have easy and cost effective payment plans. One of the main benefits of studying with OBS is that students can still continue with their full time work so they do not have to compromise. The total cost of a degree qualification through Online Business School is also significantly cheaper than studying at University.

A typical degree with Online Business School costs around £4500-£5000. This is around £20000 cheaper than traditional University campus study and students will come out with the same qualification. Studying with Online Business School means you can study at your own pace and also not have a huge debt hanging over your head for years after you finish your degree.
For more information on the courses we offer please Click Here.

This entry was posted in News on by .

Post navigation