Student Finance Overview
Home fee status students are eligible to take out a student loan to cover the cost of their tuition fees and support their living costs. It is normal for students to begin repaying these loans once they have graduated from university and are earning a minimum salary, at which point they would repay their student loan in instalments automatically taken from their payslips - just like tax deductions. Please see the information on government financial support and refer to the appropriate student finance award agency for details of tuition fee support.
Cambridge Bursary
The Cambridge Bursary Scheme offers Home fee status undergraduate students (Applies to students studying for their first undergraduate degree) non-repayable Bursaries of up to £10,500 over three years or £14,000 over four years (Details are correct for 2020-21. Please see the Cambridge Bursary Scheme website for full information, eligibility and updates regarding awards in 2021-22 onwards).
The value of each Bursary is dependent on household income. You're automatically considered for a Cambridge Bursary if you're financially assessed by your student finance authority. However, you do not have to take out a student loan to receive the bursary.
See the Cambridge Bursary Scheme website for more information.
Stormzy Scholarship
Two scholarships were available to UK Black students commencing study at Cambridge in autumn 2020, made possible by the generous support of Stormzy. The awards will cover tuition fees and a significant contribution towards living costs for up to four years of an undergraduate degree course. For more information about eligibility and how to apply please see the Stormzy Scholarship webpage. For 2020-21, the total award to each student for the year was worth £18,000. Receipt of this award will not affect eligibility for a Cambridge Bursary.