Fees & Finance
The cost of college accommodation is reviewed annually. For the academic year 2012-2013 the charges are as below:
£5,673 - Standard 38 week let, catered for 29 weeks
This package offers a standard let, fully catered for 29 weeks, with access to a dining room in UG vacations. The charge includes all meals during UG term, energy costs and IT connection, but is self-catered during vacations. For graduating students the charge includes self-catering accommodation during graduation week.
£5,476 - Short 33 week let, catered for 29 weeks
Term-time only let on a fully catered accomodation package that includes storage but not residence over the Christmas and Easter vacations. This charge includes all meals during the UG term, energy costs and IT connection. For graduating students the charge includes self-catering accommodation during graduation week.
To cover agreed early arrivals and late departures:
£110.00 Per Week
£20.00 Per Day
£4.50 Optional Breakfast
All charges are billed termly and payment is within two weeks of the start of each term
Collingwood graduates usually enjoy successful careers and have few financial worries. However, most students have significant concerns about finance before they reach that happy state. Firstly, it's worth mentioning that nobody has to pay tuition fees when they come to University - you can always borrow as much money as you need to cover the fees without affecting the amount available for accommodation, food, fun etc. It's also important to say that a student loan is nothing like borrowing money on a credit card or a mortgage, or any commercial borrowing. It is impossible for it to ruin your life, since if you don't earn, you have nothing to pay. If you are earning, a fraction of your income is taken away at source - it's just like paying a slightly higher rate of tax, except that it goes away once you've paid off what is owed or after 25 years regardless. It won't significantly affect your chances of getting a mortgage, buying a nice car etc. once you're earning.
What help is available?
Durham University and Collingwood College have significant ways of helping students financially once they are studying here. Firstly, check out the Durham Grant Scheme - you can work out exactly what you would get from this scheme before you even make your UCAS choices. Once you're here, you can apply for help from the Access to Learning Fund if you need it. This is a government-provided resource to help students in hardship, which is administered locally. Applications are considered initially by the College. You can collect an application form from the College Office and you are strongly advised to have a chat with the Senior Tutor before submitting the application, to make sure you know how to fill the form in and what supporting documentation is needed etc. - this can save quite a bit of time in the long run.