Under the new system, tuition fees will not have to be paid up-front – they, and a proportion of living costs, can be covered by a student loan. This loan will be managed differently from many other forms of debt, since repayments will be made as a proportion of the graduate's income. For many students, non-repayable maintenance grants may also be available from central government For general information on university fees in the UK, see the government website.
The University of Oxford remains committed to ensuring that UK students with the academic ability to obtain a place at Oxford are able to do so regardless of their background. Financial arrangements for 2013 entry have now been confirmed by the Office for Fair Access and can be found on the University of Oxford website.
Merton College also provides financial support to its undergraduate students, in addition to university funds. Our provision includes:
The College's Student Financial Support Fund and the University Committee on Hardship are able to make loans and grants to assist junior members in unforeseen financial need. Home students are also eligible to apply for assistance from the Government's Access to Learning Fund. Students who find themselves in difficulty should contact the Chaplain, Simon Jones.
Exhibitions are prizes worth £140 (each year) which can be given to students who achieve first class results in their first exams (usually at the end of the first year)
Postmasterships are prizes worth £200 (each year) which can be given to students, who have usually received an Exhibition in their first year, for sustained excellence.
Book token prizes can be given to undergraduates who have achieved first class results in examinations during their course. A range of subject specific prizes are awarded for academic merit.
Book Grants – each year undergraduates may apply for a grant of 50% of their expenditure on books, up to a maximum of £50.
'Outreach' Grant – usually two awards of £500 each, per year, for undergraduates to participate in charitable work during the summer holidays.
Travel Grants – a grant to any undergraduate to travel abroad for educational benefit.
Research Grants – grants for any undergraduate to support costs incurred in researching for their final thesis.
Biology First Year Field Trip Grant – the college pays the £200 fee for the mandatory field trip for first year Biologists.
Other Grants - Merton makes a limited number of grants to undergraduates for worthy causes that are ineligible for other forms of College financial support.
As well as providing our students with generous financial support, Merton also provides them with many excellent services and facilties at no extra cost or at subsidised rates. Our Facilities page offers more information.
The living costs at Merton – as at Oxford colleges more generally – are lower than many people expect. We are fortunate to be able to offer undergraduates college-owned accommodation for the duration of their course, whether for 3 or 4 years. The current charges for our domestic provision (which are revised annually) are as follows:
These sums cover residence during academic term only and include the price of the Services and 1,000 units of electricity supplied during each academic term.
Below are typical charges for a breakfast, lunch and dinner. Students only pay for the meals which they consume and there is no kitchen charge.
Meals are paid for as taken and charged against meal accounts using the University card. The meal account has to be kept in credit, Freshers are credited automatically with £20.00 which is charged to their battels. Evening meals must be booked in advance via a meal booking system. There is no kitchen charge.
The college fee for undergraduate students is separate from university fees and is generally paid only by international students. Home and EU students do not pay a college fee. For the academic year 2012-13 it is set at £6,157