What financial help can I get with Open University?

Study-Related Costs Funding If you're on a low income, or are in receipt of certain benefits, you could be eligible for additional support with your study-related costs. Our discretionary funding scheme could help you with the cost of additional set books, internet costs and more.

Does Open University offer financial aid?

One must be an admitted/matriculated student (in good academic standing) at the institution attended, to be awarded this type of financial aid, if determined as eligible by EFC index. Extension and International Programs (EIP) provides information that may assist students to consider a private student loan program.

Are Open University students eligible for maintenance loan?

Providing you are studying with the Open University or another accredited institution you will be eligible. How much maintenance loan you receive will be dependent on where you will be living whilst studying, your household income and the intensity of your course.

Does the Open University have a payment plan?

Spread the cost with monthly payments

The Open University Student Budget Account Ltd (OUSBA) is a convenient way to pay your course fees, subject to your individual circumstances.

Can you get a scholarship for Open University?

A scholarship covers OU undergraduate credit-bearing modules and qualifications, paying for the full tuition cost of your qualification, up to 120 credits each seasonal academic year and 360 credits in total.

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Do the Open University have a hardship fund?

The Student Assistance Fund provides support to students who are facing serious financial hardship due to an unforeseen change in circumstances or an unexpected cost that has arisen through no fault of their own which is affecting their ability to continue studying. Funds are limited.

Can I study for free with Open University?

OpenLearn includes over 1,000 free courses derived from the OU's curriculum and dozens of specially commissioned Badged Open Courses. Learners can filter by subject, skills for life, skills for study or search by any term. The majority of learners visiting OpenLearn do so to study a free course.

Can I get full time funding for Open University?

All OU students are considered part-time students. That means, even if you choose to study at full-time equivalent intensity, you'll be a part-time student and your eligibility to claim existing state benefits and/or to fund your studies with a Part-Time Tuition Fee loan will usually be unaffected.

Is an open university degree respected?

A distance learning degree is exactly the same as a normal degree and employers will respect them the same.

Can you get student finance for Open University UK?

One way of financing your Open University studies is by taking out a Part-Time Tuition Fee Loan (also known as a student loan) with Student Finance England. It's by far the most popular way of financing Open University studies. Currently, over 80% of our new students in England are paying their fees this way.

How much private student loan can I get?

The maximum amount you can borrow with a private student loan varies by lender, but it typically ranges between $75,000 and $100,000. This can help you supplement federal loans, which limit you to anywhere from $5,500 to $20,500 per year, depending on factors such as your dependent status and year in school.

How much do you get for a student loan UK?

Students can borrow the full cost of their university tuition fees. This entitles them to borrow up to the full amount of their course fees. Typically, this means up to £9,250 per year (though the figure is £6,000 per year for private universities).

Does Open University affect universal credit?

All OU students are considered part-time students. That means, even if you choose to study at full-time equivalent intensity, you'll be a part-time student and your eligibility to claim existing state benefits and/or to fund your studies with a Part-Time Tuition Fee loan will usually be unaffected.

How long does student finance take for Open University?

It can take 6–8 weeks for your application to be processed and your loan must be approved and in place before your study begins. If you plan to pay with an alternative payment method, please ensure that this is arranged, and payment made, before the registration closing date.

What is the credit limit for Open University?

Please note: the Open University regulations state that students should study no more than 120 credits per academic year (the equivalent to full-time study). This maximum of 120 credits includes any collaborative modules.

Do employers accept Open University?

Do employers recognise distance learning degrees? Yes. Employers accept degrees achieved through distance learning, and view them the same as an identical qualification that was studied on campus.

How hard is an Open University degree?

An OU degree is just as difficult as any other degree from a recognised university. Of course you have to work hard.

Can I do a masters with an Open University degree?

Because OU study is modular, you build up your qualification as you go. Like stepping-stones, some postgraduate certificates and diplomas allow you to advance from one to the next, eventually leading up to a masters degree.

How many hours a week is full time Open University?

The number of hours you'll need to put into studying will depend on how many credits you're taking. Per week, that would look like: 60 credits (part time) – around 16 to 18 hours. 120 credits (full time) – around 32 to 36 hours.

How can I get a free degree UK?

Can open university students get student accommodation?

As a result, unlike most universities in UK, Open University doesn't have any student accommodation/residential hall on campus. So, the best way to arrange accommodation is to privately rent a house or a room in a shared accommodation.

Do I have to attend classes in Open University?

In open learning, you need not attend regular classes. Open learning means that you study on your own, at home or wherever it suits you.

How can I study full time and pay bills?

Are Open University free courses worth it?

Our courses have been proven to increase confidence and develop the skills needed to enter Higher Education and succeed with learning. You can choose an OpenLearn course from a wide range of subjects. Some are based on Open University course materials.