Fees and Financial Assistance 2012-13

Fees and Financial Assistance 2012-13

Conservatoire for Dance and Drama Tavistock House, Tavistock Square London WC1H 9JJ Tel: 020 7387 5101 Email: info@cdd.ac.uk Web: www.cdd.ac.uk Contents 3 What does it mean to be a Conservatoire student? 4 Fees and finance from 2012 5 Government grants and loans 6 How to apply for Student Finance 7 s 8 9 Alternative sources of funding 10 Financial assistance summary Photography credits: Cover: Alicia Clarke Inside cover: Bertil Nilsson Page 6: Patrick Baldwin Back cover: Richard Hubert Smith What does it mean to be a Conservatoire student? By becoming a student of one of the Conservatoire s schools, you will not only be part of your school, but also part of a world-class Conservatoire of schools. Collectively, we and eight specialist, internationally renowned schools form one unique higher education institution: the Conservatoire for Dance and Drama. Conservatoire Affiliate Schools This means that you will benefit from the same Government financial support given to of all publicly-funded higher education institutions and universities in England, as well as obtaining a higher education qualification. Circus Space Students at Conservatoire schools benefit from the collaborative dialogue between affiliate schools which share good practice, knowledge and resources, all to get the very best out of this unique relationship and structure. In practice, this means that as a student you might have the opportunity to collaborate with people from the other Conservatoire schools, as well as working with professional artists across different art forms. The Conservatoire schools focus is on developing you as a professional artist, ensuring that you can join the ranks of performers, choreographers, theatre technicians, directors, designers and artists who, we hope, will shape the future of dance, drama and circus arts. Bristol Old Vic Theatre School Central School of Ballet London Academy of Music and Dramatic Art London Contemporary Dance School Northern School of Contemporary Dance Rambert School of Ballet and Contemporary Dance Royal Academy of Dramatic Art This leaflet explains the Conservatoire s course fees for 2012/13 and outlines the forms of financial support available, including who is eligible and how to apply. Please note that this leaflet is accurate at the time of production. However, should visit the Conservatoire s website: www.cdd.ac.uk for regular updates about fees and finance. 3

Fees and finance from 2012 Changes to Government funding As a result of recent changes in Government funding to higher education, the Conservatoire faces a considerable reduction in its teaching grant from 2012. In order to continue to offer the world-class level of training and facilities for which our schools are renowned, we are charging new 9,000 per year for all undergraduate programmes. The Conservatoire will continue to subsidize the full cost of its vocational programmes. We have also put in place an extensive financial support package to ensure that we continue to admit the most talented, irrespective of background. This leaflet explains what these changes will mean for you as a prospective student and the different sources of support which are available to you. If you are new to higher education, remember you will not have to pay anything up front. If this is your second degree, you may be entitled to support from the Conservatoire or from the individual schools. Your financial status will not affect how we view your application. Tuition fees The table below shows the fees the Conservatoire will charge for courses starting in September 2012: New UK undergraduate 9,000 New EU undergraduate 9,000 UK/EU second degree undergraduate 9,000 UK/EU postgraduate Not less than 4,500 Overseas (all courses) Not less than 16,000 Fees for overseas and postgraduate* have not yet been set. Please check our website: www.cdd.ac.uk as we will be updating this information once it is available. *The Conservatoire does not currently offer financial assistance for postgraduate courses, but the individual schools may offer certain support schemes. Please contact the relevant school for further information. Government grants and loans UK If you are an English domiciled student and this is your first degree you can apply for financial support from Student Finance England. If you are domiciled in Northern Ireland, Scotland or Wales, you can apply for financial support from the equivalent regional authorities. You can apply for: A tuition fee loan A maintenance loan (to help with living costs) An income-assessed maintenance grant (you don t have to pay this back) Remember you will need to reapply for each year of your training. Tuition fee loan If you are a UK student new to higher education you can apply for a tuition fee loan to cover the full cost of your fees. You do not have to pay anything upfront. Maintenance loan All new UK can apply for a basic maintenance loan to help with living costs such as food, travel and accommodation, no matter what their household income. The table below shows what you may be entitled to: Living at home Up to 4,375 Living away from home - outside London Up to 5,500 Living away from home - in London Up to 7,675 Maintenance grant Students with a household income of up to 42,600 can receive a nonrepayable maintenance grant in addition to a maintenance loan. Students with a household income of 25,000 or less can receive the full grant of 3,250 per year of study. Students with a household income of between 25,001 and 42,600 can receive a partial grant of between 3,250 and 50. Maintenance grants and loans are paid in three instalments at the start of each term, after you have registered with your school and the Conservatoire. 4 5

How do loan repayments work? If you take out a tuition fee loan and/or a maintenance loan from Student Finance England, you will not have to repay anything until after you have graduated and are earning a minimum salary. Key facts about repayments: You won t repay anything until you are earning 21,000 You will only repay 9% of what you earn above 21,000, i.e. if you earn 25,000, you will repay 9% of 4,000, which works out as 30 per month After 30 years, the debt is written off If you never earn over 21,000 you will never pay anything back Student loans are not recorded on your credit rating file, i.e. this should not impact on your ability to get a mortgage The table below gives examples of what your repayments might look like: Earnings Annual repayment Monthly repayment 15,000 Nothing Nothing 21,000 Nothing Nothing 22,000 90 7.50 25,000 360 30 30,000 810 67.50 40,000 1,710 142.50 50,000 2,610 217.50 The Money-Saving Expert website has a very useful summary of how student loans work: www.moneysavingexpert.com/family/student-loans-tuition-fees-changes How to apply for student finance English domiciled To apply for financial support, visit the Student Finance England website: www.direct.gov.uk/studentfinance The Your Future website for starting university in 2012 offers further advice, including tools to estimate your loan entitlement and calculate your repayments. http://yourfuture.direct.gov.uk Students from Northern Ireland, Scotland and Wales If you are a student domiciled in Northern Ireland, Scotland or Wales you can apply for financial support from the Scottish Government, the Welsh Assembly Government or the Northern Ireland Executive. Students from Northern Ireland: www.studentfinanceni.co.uk Students from Scotland: www.student-support-saas.gov.uk Students from Wales*: www.studentfinancewales.co.uk *If you are a Welsh domiciled student, you can get a tuition fee loan of up to 3,465 and a tuition fee grant which will pay the balance of the full tuition fees up to a maximum of 9,000 this does not have to be paid back. Students from the EU If you are an EU student intending to study in the UK, depending on your circumstances you may be entitled to: A tuition fee loan which you repay after graduating Help with living costs and certain other expenses Remember you will need to reapply for each year of your training. For more information and to apply, visit: www.direct.gov.uk/studentfinance 6 7

s The Conservatoire offers a range of scholarships in the form of fee discounts, which means your debt after graduating will be reduced. See the table below for details of what the scholarships are worth and who is eligible. Scholarship Who is eligible How it is allocated How to apply What it s worth Number available National Scholarship Programme Students who meet the following criteria: undergraduates English domiciled new to HE from a household income of less than 25,000 Awarded on basis of talent, with priority to: low income, disabled, looked after children/care leavers, travellers, refugees and those in certain ethnic minority groups means testing and through audition/interview Discount of 3,000 per year for each year of training 30 across the eight schools Means tested fee discounts All UK and EU undergraduate who are new to HE Household income less than 25,000 means testing Discount of 1,000 per year for each year of training All eligible All UK and EU undergraduate who are new to HE Household income 25,001-42,600 means testing Discount of up to 1,000 per year per year for each year of training All eligible Additional fee discount Students who meet the following criteria: undergraduates UK/EU new to HE from a household income of less than 42,600 Awarded on basis of talent means testing and through audition/interview Discount of up to 2,000 per year for each year of training Discretionary Sir Bob Reid Scholarship All UK/EU on all undergraduate programmes Awarded on basis of talent Judgement in first year of training Discount of 3,000 per year in the second and third years of study 8 (one at each school) Talent and need based scholarships All UK/EU on all undergraduate programmes Awarded on basis of talent and exceptional need Income assessment and/or audition/interview Discount of up to a maximum of 4,000 per year for each year of training Discretionary Care leaver bursary Meets definition of a care leaver (www.cdd.ac.uk/student-info/ care-leaver-support) Awarded to all eligible Self-identify as a care leaver on the application form and/or on the enrolment form when you start your course Bursary of 750 per year for each year of training All eligible 8 *You may be eligible for more than one Scholarship. The maximum discount you can receive is 4,000. 9

The affiliate schools may offer their own bursary schemes and support in addition to the Scholarships offered by the Conservatoire. Please visit the individual school websites for more information (see back page). Alternative sources of funding If you are not eligible for a tuition fee loan or maintenance loan from the Government, you may wish to look into alternative sources of funding to help you finance your training. Some useful organisations are listed below. Financial assistance summary The table below is a quick way to identify what support you may be entitled to. Status New undergraduate English student May be eligible for Government support through Student Finance England: Tuition fee loan Maintenance loan Income-assessed maintenance grant Source Website Description Access to Learning Fund Career and Professional Development Loans Educational Grants Services Grants for Individuals www.direct.gov.uk www.direct.gov.uk www.direct.gov.uk www.grantsforindividuals. org.uk A hardship fund for experiencing financial difficulty. You can only apply for this after you have started your course If you already have a degree, you can apply for a Career and Professional Development bank loan which you repay once you have finished studying A directory of organisations which offer educational grants A directory of organisations which offer grants Turn To Us www.turn2us.org.uk A directory of organisations which offer grants For more useful links and the latest information about fees and finance for 2012, please visit our website: www.cdd.ac.uk New undergraduate student from Northern Ireland / Scotland / Wales New undergraduate EU student Second degree undergraduate UK/EU student UK/EU postgraduate student Overseas student (all courses) Government support through regional authorities: Tuition fee loan Maintenance loan Income-assessed maintenance grant Government support through Student Finance England: Tuition fee loan Help with living costs (depending on circumstances) Alternative funding e.g. Career and Professional Development Loan Access to Learning Fund (ALF) Alternative funding Alternative funding 10 11

Affiliate Schools Bristol Old Vic Theatre School www.oldvic.ac.uk Central School of Ballet www.centralschoolofballet.co.uk Circus Space www.circusspace.co.uk London Academy of Music and Dramatic Art www.lamda.org.uk London Contemporary Dance School www.lcds.ac.uk Northern School of Contemporary Dance www.nscd.ac.uk Rambert School of Ballet and Contemporary Dance www.rambertschool.org.uk Royal Academy of Dramatic Art www.rada.ac.uk