You may be aware that there has been a change to the funding of Higher Education in the UK.  The tuition fee for UK and EU students at Imperial will be £9,000 per year from 2012 onwards.  We would like to ensure that you have the key facts about the new Tuition Fees:

  • The tuition fee is not paid up front; all eligible EU students can take out a Tuition Fee Loan to cover the cost of Tuition Fees [1]. An application for the Loan is part of the normal application process.
  • The Tuition Fee Loan behaves like a graduate tax:
    • It is only repaid if you earn over £21,000 per year if working in the UK, or over a specified threshold if working abroad.  The thresholds have yet to be published for the new scheme, but will reflect the difference in living costs between the UK and the country concerned, similar to the existing loan scheme.
    • The loan is repaid at a rate of 9% of income over £21,000.  For example, if your graduate salary is £25,000 per year you pay 9% of £4,000, which is £6.92 per week [2].
    • Interest on the loan accumulates at the rate of inflation (Retail Price Index – RPI) plus three per cent during the course of study.
    • If repayments have not commenced because you are earning under £21,000 the interest on the loan will increase at the rate of inflation.
    • After 30 years, any outstanding debt is written off.

We believe that a Computing degree at Imperial is an excellent investment.  Imperial offers a world-class education at a university which is consistently rated one of the best in the world:  Imperial was recently ranked as 1st in Europe and 6th in the world for research [3].  Our students graduate with an internationally renowned degree and excellent employment prospects:

  • The median starting salary for Imperial Computing graduates is approximately £35,000 [4].
  • 100% of graduates who go straight into employment after our degree are employed in a graduate role [5].
  • All students on our 4 year MEng programmes undertake a 6 month Industrial Placement during their 3rd year of study, earning up to £37,000 pro rata. This income helps students to fund their studies.  The majority of students also receive a graduate job offer from their placement host.
  • During term-time 3rd and 4th year students have the opportunity to earn money as Undergraduate Teaching Assistants.
  • During the summer vacation many of our students also undertake paid internships in industry, or participate in Imperial’s paid Undergraduate Research Opportunities Programme.

[1] Read the eligibility criteria may be viewed here.

[2] Student Finance (GOV.UK)

[3] The Times Higher Education World University Rankings 2010-2011

[4] 2010 Destination of Leavers of Higher Education Survey.  Source: Unistats

[5] 2010 Destination of Leavers of Higher Education Survey.  Source: Unistats