The UK had been a member of the European Union since 1973, but now that Brexit is exiting the EU, what does this mean for students across the UK?
In the Summer of last year BBC news declared that EU students in England, Scotland and Wales will be continued to be treated the same as UK students. This treatment would be extended to those in the first intake after Brexit. EU students who will graduate as late as 2023 are covered by holding a ‘home fee’ status, but what will happen as Brexit negotiations continue? Clarification is needed for students who will continue to study past that date.
As far as tuition fees are concerned, these will stay the same. This is mostly due to how a rise in tuition fees would act as a deterrent to study in the UK. The funding for research that stems from tuition fees is in more demand now than ever, and any reduction in student intake would negatively impact any university funded research projects. It is in the UK’s best interest to not deter any students from enrolling in UK Universities.
Although tuition fees for UK students have been capped at £9,250 (for the time being), the interest that will be expected to pay on fees has risen to 6.3 percent. Even though students will only pay back 15% of their earnings over the salary threshold of £21,000, 6.3 percent is quite a hit.
For students labelled as ‘international’, Brexit will not change the application process you go through, nor the amount of tuition you pay or the requirements for your visa. These will be handled in the same way as they have in previous years. The label of ‘international’ covers any student who resides anywhere outside of the EU, Asia or America would fall into this category.
Brexit will be in full force on the 29th March 2019, and hopefully will not impact student’s education any further.