We are very aware that for many, lack of money may be a considerable problem while at University, but we are determined that those with talent should not be penalised by personal financial constraints.
Oxford is no more expensive than many other universities and because of easy access to library and IT facilities, some costs - such as book purchases and transport - can be kept to a minimum. We also have various bursaries, scholarships and a hardship fund on offer.
All home students are liable (as they are at any English, Welsh or Northern Ireland University) for the contribution towards the University fee. In 2010 - 2011, this fee will be £3,290. There is no need to pay anything until you have graduated, although you do have the option to pay this fee as you go through the course. You will be able to take out a loan from the Student Loans Company to cover the fees, and you will not have to start repaying this until you have graduated and are earning more than £15,000 (2007 figures).
For overseas students, the University fee in 2010-2011 is between £12,200 and £14,000, depending on the subject studied. Overseas students, or those who do not fulfil the UK residence requirements for a mandatory award, will be liable for the College fee as well, which will be £5,692.
Mansfield wants to ensure that no UK student is put off from applying to the University or from taking up a place here due to financial circumstances. For this reason the University has set up one of the most generous bursary schemes ever aimed at supporting students with the least financial resources throughout their undergraduate degree. The Oxford University Opportunity Bursary works on a sliding scale to provide support for those with residual family income below £50,000.
The University website gives more detailed information about these bursaries aimed to help students to meet their maintenance costs. Those who receive both the maximum Oxford Opportunity Bursary and a full government-funded Higher Education grant should have sufficient funding to cover their basic living costs during term time without taking out a Student Loan for maintenance.
Apart from bursaries, the University and Mansfield operate a scheme to help students who are experiencing hardship because of unforeseen financial difficulties. Details of these schemes are available from the Bursar.
Sarah and Peter Harkness have been impressed by Mansfield’s belief that an Oxford education should be available to all those with the requisite talent, potential and application, whatever their background.
Together they are pledging funds targeted at encouraging more applications from schools in Yorkshire and the North East of England, hoping to play a part in making some progress in the area. They are supporting Mansfield and its current students with a prize and a bursary.
Further details are available at http://www.mansfield.ox.ac.uk/current/prizes-scholarships.html
For any enquiries about financial and money matters pleasecontact the Bursar.