Changes to Loan Eligibility
The Government has introduced changes to student loan eligibility.
To be eligible for a Student Loan, all students who have studied at least 1.6 EFTS* (about two years of full-time study) will need to have passed and completed at least 50 percent of their courses.
The assessment of performance includes courses of study that ended in 2009 or later. StudyLink have an online calculator to help work out performance – and below is a rough guide to help you work out the EFTS component of your courses as 1 EFTS is the equivalent of 120 points.
| Point per paper | EFTS (rounded) |
|---|---|
| 10 | 0.0833 |
| 15 | 0.1250 |
| 20 | 0.1667 |
| 30 | 0.2500 |
* Equivalent Full-time Student (EFTS) is a measure of the amount of study involved in a course or programme. Generally speaking a full-time workload is equivalent to between 0.8 and 1.2 EFTS.
More information on Performance Criteria is available.
Download the Studylink brochure below to find out more.
All PDF documents require Acrobat Reader.
| Document | File size | File type |
|---|---|---|
 Student Loan Changes |
187 KB |