As well as a loan for fees this is what's available to 2012 entrants:
Maintenance Loans
The maximum Maintenance Loan for new students starting from 1 September 2012 is:
?£5,500 if you live away from home and study at a university or college outside London
?£7,675 if you live away from home and study at a university or college in London
?£4,375 if you live at home
Student loans
Maintenance Grants
You can also apply for a Maintenance Grant if your family income is below £42,600. You can get:
?£3,250 if your household income is £25,000 or under
?£50-£3250 if your household income is between £25,000 and £42,600
So anyone with a household income under £42.6K can apply for a non repayable grant in addition to the £5.5k loan.
caroscott not sure why your DC isn't getting the £5.5k loan - did your DC apply for less? You can choose the amount you apply for.
My DS manages on a full loan and an income assessed maintenance grant and we pay his phone,trips home and some other bits & pieces. Student bank accounts usually offer free overdraft facilities but I'm pleased to say he managed without that. If your household income is over £42k after all the deductions on the forms then I can see the other £3.5 is down to you. However, in addition, most unis do offer various buraries and incentives which seem pretty generous this year. Unfortunately our DSs uni decide to withdraw this last year at the last minute so even though we are low income he receives £1k less a year than that which was advertised when he accepted his place. I'm livid but have tried to sort but without success
.
Hope at least some of this helped.