Undergraduate students at King's have access to numerous sources of financial support. Eligibility for support is determined by country of residence. Some awards are available only to UK and EU students, others to overseas students.
Both Cambridge and King's College are committed to the principle that no qualified UK applicant should be deterred from studying at Cambridge by financial circumstances. We also offer means-tested support to outstanding students from the EU and overseas.
For 2015/16 entry, UK students with annual household incomes of up to £25,000 will, for each year of their course, qualify for a Cambridge bursary of £3,500, a government grant of £3,387, and a government loan towards living costs of £4,047 (a total of £10,934). UK undergraduates with household incomes of up to £42,620 will qualify for progressively reduced levels of Cambridge Bursary and government loan support support.
From 2016 entry, for UK students, the government loan towards living costs will be increased up to a maximum of £8,200 (as of July 2015, calculation details are to be confirmed), and there will be no government grant. Details about the Cambridge Bursary Scheme for 2016 entrants will follow, when available.
For EU undergraduates who demonstrate equivalent financial circumstances and outstanding academic merit, King’s will offer up to ten awards to supplement the Cambridge Bursary at a level that matches the financial support available to UK undergraduates in government grants and loans.
Overseas candidates are eligible to apply for financial support from the Cambridge Commonwealth, European and International Trust. King’s offers additional overseas studentships based on financial need and academic excellence.
See below for further details of all sources of financial support available at King’s.
Government loans for tuition fees (UK and EU students)
- UK and EU tuition fees will not need to be paid up front. Students will be able to pay their fees through government loans that are repaid after graduation, and only once a graduate earns more than £21,000 per year (the government will decide on equivalent amounts in the local currency for students who work outside of the UK after graduation).
- Like income tax, repayments will be tied to income, not to interest rates. They will amount to 9% of any income above £21,000, and any outstanding debt will be forgiven after 30 years.
- You may wish to consult the further details published by the Department for Business, Innovation & Skills. Martin Lewis has produced a very useful set of 20 key facts.
Cambridge Bursaries (UK and EU students)
- For 2015/16 entry, up to £3,500 per year depending on household income.
- For 2016/17 entry, details will follow, when available.
- You do not need to repay this bursary.
- Please see further information on the Cambridge Bursary Scheme website.
Government loans for living costs (Students resident in England only)
- From 2016 entry, up to £8,200 depending on household income.
- Repayable like the tuition fee loan.
- Announced in the 2015 Summer Budget. Please see this summary by Martin Lewis. Further details will published by the Department for Business, Innovation and Skills in due course on the loans page.
King's International Studentships (Students resident in the EU or overseas only)
- The College offers a range of competitive studentships to support candidates from EU and overseas countries.
- All awards are based on academic excellence as well as on financial need. Awards will be made to help support fees and maintenance costs for the duration of a student's course.
- Please refer to further details of the international studentships open to all EU and overseas applicants.
Cambridge Trust Scholarships (Overseas students)
- The Cambridge Trust provides scholarships to undergraduate students at Cambridge who are from outside the European Union.
- Cambridge Trust website.
College hardship fund (all students)
- Any current student at King's who is experiencing unforeseen financial difficulties can apply to the College's hardship funds. Applications are made through the Tutorial Office.
Other College support (all students)
- The College offers generous support for foreign travel during the vacations as well as a number of competitive prizes. College prizes include the Rylands Art Prize, the James Essay Prize, the Derek Cornwell Scholarships for musical instrumentalists, the Tilley Translation Prize, the Susie Gautier-Smith Prize for drama, and the John Rose Prize for the best explanation of a scientific principle.
Cambridge disability support (disabled students)
- UK disabled students may be eligible for a Disabled Students' Allowance (DSA).
- EU and overseas disabled students may be eligible for the International Disabled Students' Fund.
- Further sources of financial support for disabled undergraduates are listed on the Disability Resource Centre website.
- Undergraduate financial support page on the main University website.
- Financial support for overseas students on the main University website.
- University Scholarship Search (external website).