UK/EU Undergraduate Student Loans

English-domiciled UK students and EU students on the Bachelor of Music programme may be eligible for the following funding support from the UK Government through the Student Loans Company (SLC). To find out more information visit the gov.uk website.

For the latest EU referendum updates please refer to our dedicated pages

 

Tuition Fee Loan (UK and EU Students)

Eligible students can apply for a loan to cover the full tuition fee. This is paid by the Student Loands Company directly to the RCM. You need to apply for a Tuition Fee Loan for each year of study. 

Student Maintenance Loan (UK Students only)

For courses starting in 2017/18 eligible students can apply for a loan of up to £11,002 a year to help with living expenses whilst studying, depending on your household income.  

Repayments

  • You will only begin paying back your student loan once you are earning more than £21,000 year
  • If your income falls below £21,000 a year, your repayments stop
  • You pay 9% of your income over £21,000
  • After 30 years, if you have not repaid your loan in full, the rest is written off
Your income per year Monthly repayments (including interest)
£21,000 and under no repayments
£25,000 £30
£30,000 £67
£40,000 £142
£50,000 £217

 

Please note that these details may change and you should check the gov.uk website for the most up-to-date information

UK students domiciled in Scotland, Wales or Northern Ireland are subject to different arrangements and should check the following websites for more specific funding information:

You can find lots more information on The Student Room website, run by Student Finance England.

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Royal College of Music, Prince Consort Road, London SW7 2BS. Tel: +44(0)20 7591 4300 Royal College of Music, Prince Consort Road, London SW7 2BS.
Tel: +44(0)20 7591 4300
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