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    peculiar to them.

    So what help can students expect in financial terms?

    Living away from home in London - ?6,170
    Living away from home elsewhere - ?4,405
    Living at home - ?3,415

    Please note these exclude the final year when there is slightly less

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    This is a subject dear (pun intended) to many of you, or soon will be.

    Based on the National Union of Students Press Pack for 2006/07, the costs for students make interesting reading.

    The Higher Education Act 2004 allowed universities to charge tuition fees from September of this year. It is no surprise that the vast majority are charging the maximum - ?3,000 pa.

    This is inflation linked to 2010, when the government will review the level of the fees.

    Many students will take out a student loan to cover these fees, which must be taken out in the year of study, as well as a seperate loan for living expenses. These loans are not means tested, but various grants are available as well as institutional bursaries.

    Living costs tend to be covered by a student loan, with higher allowances for those in London, and the lowest for those still in the parental home. In addition, 25% of the maximum amount a student can receive will be subject to the household income assessment.

    There are also supplementary grants available for additional costs of study or costs peculiar to them.

    So what help can students expect in financial terms?

    Living away from home in London - ?6,170
    Living away from home elsewhere - ?4,405
    Living at home - ?3,415

    Please note these exclude the final year when there is slightly less

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    September of this year. It is no surprise that the vast majority are charging the maximum - ?3,000 pa.

    This is inflation linked to 2010, when the government will review the level of the fees.

    Many students will take out a student loan to cover these fees, which must be taken out in the year of study, as well as a seperate loan for living expenses. These loans are not means tested, but various grants are available as well as institutional bursaries.

    Living costs tend to be covered by a student loan, with higher allowances for those in London, and the lowest for those still in the parental home. In addition, 25% of the maximum amount a student can receive will be subject to the household income assessment.

    There are also supplementary grants available for additional costs of study or costs peculiar to them.

    So what help can students expect in financial terms?

    Living away from home in London - ?6,170
    Living away from home elsewhere - ?4,405
    Living at home - ?3,415

    Please note these exclude the final year when there is slightly less

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    must be taken out in the year of study, as well as a seperate loan for living expenses. These loans are not means tested, but various grants are available as well as institutional bursaries.

    Living costs tend to be covered by a student loan, with higher allowances for those in London, and the lowest for those still in the parental home. In addition, 25% of the maximum amount a student can receive will be subject to the household income assessment.

    There are also supplementary grants available for additional costs of study or costs peculiar to them.

    So what help can students expect in financial terms?

    Living away from home in London - ?6,170
    Living away from home elsewhere - ?4,405
    Living at home - ?3,415

    Please note these exclude the final year when there is slightly less

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    those in London, and the lowest for those still in the parental home. In addition, 25% of the maximum amount a student can receive will be subject to the household income assessment.

    There are also supplementary grants available for additional costs of study or costs peculiar to them.

    So what help can students expect in financial terms?

    Living away from home in London - ?6,170
    Living away from home elsewhere - ?4,405
    Living at home - ?3,415

    Please note these exclude the final year when there is slightly less

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    peculiar to them.

    So what help can students expect in financial terms?

    Living away from home in London - ?6,170
    Living away from home elsewhere - ?4,405
    Living at home - ?3,415

    Please note these exclude the final year when there is slightly less assistance. It is worth noting that students of medicine, dentistry and teaching get their tuition fees paid for them in the final year.

    It is also important to note that students with parents with higher incomes can have only 75% of the maximum available loan.

    The loans are then repaid depending on the borrower's income from the following April after graduation. They are repaid at 9% of any income that exceeds the annual income threshold, currently ?15,000 pa.

    So what is the damage to your pocket I hear you ask :(

    Taking into account the typical overall costs for course fees and living expenses, and presuming tuition fees are required at ?3,000 pa, and the student is from a higher income family, then the impact on your pocket will be:

    London - ?6,986 pa
    Elsewhere - ?6,315 pa

    Recent figures from Nat West show that the average debt for a student qualifying in 2006 was ?13,252. However, for a student on the new system funding a standard 3 year course in London, student loan debt could total as much as ?27,615. Other sources such as Barclays a

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