MSci (Hons) Chemistry · Imperial College LondonIntegrated Master's degree · 4 years
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Imperial College London · Undergraduate

MSci (Hons) Chemistry Integrated Master's degree at Imperial College London

MSci (Hons) Chemistry at Imperial College London. Distinctive: extends beyond a standard BSc into a fourth year, building from core and applied chemistry through to Master's-level work, giving you time to move from foundational study into more independent, research-oriented chemistry.

MSci (Hons)
Award
4
Years
Full-time
Study mode
100%
in work/study (15m)

About this course

Develop your skills in core and applied chemistry through to Master From the provider’s course page.

MSci (Hons) Chemistry is an Integrated Master's degree (MSci (Hons)) at Imperial College London, based in South Kensington. It runs 4 years, studied full-time.

For Chemistry graduates from this provider, 100% were in work or further study 15 months after graduating, 95% in highly skilled roles, typical earnings around £34,000. (HESA Graduate Outcomes / LEO, via Discover Uni.)

For the typical curriculum, specialisations, career paths and graduate earnings for Physics & Chemistry, see the sections below.

Course evidence score

The arithmetic mean of the official measures available for this course: NSS satisfaction, graduate activity and continuation.

9.0
/ 10
Exceptional
3 of 3 official measures
Student satisfaction
What students say in the National Student Survey
Excellent85

Published threshold met NSS publication requires sufficient responses; small differences are not a rank. NSS mean of 7 published themes (Discover Uni snapshot 2026-06-21)

Graduate outcomes
In work or further study 15 months after graduating
Exceptional100

Limited evidence Published sample: 25; treat comparisons cautiously. Cohort 2021-23. Graduate Outcomes work or further study 100% (2022-23; Discover Uni snapshot 2026-06-21)

Continuation
Students who continue past their first year
Excellent85

Published threshold met Discover Uni suppresses continuation data below its publication threshold. Cohort 2022-23. Continuation 85% (2022-23; Discover Uni snapshot 2026-06-21)

Curriculum & modules

Real modules published for this course, grouped only where the source gives a year, stage or level.

Year 1 11 modules
  • i-EngageCore
    Module details

    Begin to engage with thinking like a chemist, and receive training in teamwork, use of GenAI and finding chemical information.

  • Language of ChemistryCore
    Module details

    Explore how structures and concepts in chemistry are represented and described, and learn drawing, naming, structure, shape and properties of molecules.

  • Structure and Bonding: Atomic Structure to Molecular OrbitalsCore
    Module details

    Build familiarity with the tools used to predict molecular structures and use theoretical models to explain the bonding in molecules and other chemical structures.

  • Introduction to SpectroscopyCore
    Module details

    Develop your understanding of the physical and theoretical basis for spectroscopic measurements and examine spectroscopic and mass spectrometric techniques.

  • Reactivity at Carbon CentresCore
    Module details

    Learn about the major types of reactivity at carbon centres and how to rationalise trends in reactivity, and apply your understanding of properties of compounds.

  • The Reaction Toolkit: Thermodynamics and KineticsCore
    Module details

    Explore the major theories and methodologies (linked to thermodynamics and kinetics) that are used to interpret chemical reactions and chemical equilibrium at a macroscopic level.

  • Chemistry of the Elements: Hydrogen to UraniumCore
    Module details

    Examine concepts and trends in the chemistry of the s-, p-, d- and f- block elements, and their compounds.

  • Practical Chemistry 1Core
    Module details

    Develop skills in synthetic chemistry, measurement science and coding, and begin to apply these to investigative practical work and data analysis.

  • Mathematics and Physics 1Optional
    Module details

    Explore more deeply, important mathematical and physics concepts that underpin theory of physical phenomena and at the chemistry-physics interface.

  • Medicinal Chemistry 1Optional
    Module details

    Explore the principles that underpin medicinal chemistry, including biomolecule structure and function, and drug design in the pharmaceutical industry.

  • Imperial HorizonsOptional
    Module details

    Study one of ten languages through the Imperial Horizons department.

Year 2 11 modules
  • i-Engage 2Core
    Module details

    Appreciate the expectations as a scientist, learning about inclusivity and diversity, and how to communicate science to different audiences.

  • Electronic States and BondingCore
    Module details

    Study what electronic states are and why chemical bonds form, based on approximate quantum mechanical models, building up to polyatomics, complexes and solids.

  • Analysis of Molecules, Materials and MixturesCore
    Module details

    Gain skills in analysis and applying theories behind a variety of spectroscopic, mass spectrometric and purification techniques and applications.

  • Solids, Liquids and InterfacesCore
    Module details

    Apply knowledge of thermodynamic quantities to describe the state of equilibrium and non-equilibrium systems, phases and interfaces; and calculate how such quantities change during a chemical transformation.

  • Chemistry of Molecular SystemsCore
    Module details

    Build on your knowledge of properties, reactivity and synthesis, and apply it to a wider range of molecular chemical systems, including use of transition metals in catalysis.

  • Macromolecules and MaterialsCore
    Module details

    Extend your knowledge of properties, reactivity and synthesis of small molecules, applying to solids, polymers and biomolecules such as carbohydrates, DNA and peptides.

  • Control and Selectivity in Molecular SynthesisCore
    Module details

    Apply your prior knowledge of synthesis and molecular properties to achieve control and selectivity in chemical reactions, including use of organometallic reagents and retrosynthetic analysis.

  • Practical Chemistry 2Core
    Module details

    Build on training foundation from Year 1, developing more complex practical design and analytical skills and independence through synthetic, physical/data analysis and computational experimental work.

  • Mathematics and Physics 2Optional
    Module details

    Build knowledge and application of mathematical techniques relevant in the analysis and interpretation of physical theories including electromagnetism and molecular interactions.

  • Medicinal Chemistry 2Optional
    Module details

    Further your knowledge of medicinal chemistry in pharmacokinetics, drug design and optimisation, assays in drug discovery and protein therapeutics.

  • BPESOptional
    Module details

    Examine a range of business, finance and management topics on a module delivered by the Imperial Business School.

Year 3 4 modules
  • Advanced Chemistry Topics 1Core
    Module details

    Explore five advanced chemistry topics. You'll choose from topics including advanced synthesis, materials chemistry, soft condensed matter and molecular reaction dynamics.

  • Advanced Chemistry Topics 2Core
    Module details

    Investigate a further five advanced chemistry topics. You'll choose from topics including chemical biology, environmental and green chemistry, process chemistry and strategies in drug discovery.

  • Practical Chemistry 3 for MSci ChemistryCore
    Module details

    Further develop your skills in practical chemistry, experiment design and research in a variety of contexts, including advanced project-style lab practicals.

  • I-ExploreCore
    Module details

    Through I-Explore, you'll have the chance to deepen your knowledge in a brand new subject area, chosen from a huge range of for-credit modules.

Year 4 9 modules
  • Research ProjectCore
    Module details

    Join one of the department's academic research groups to complete a six-month independent research project.

  • Advanced CatalysisOptional
    Module details

    Study modern catalysis concepts, and develop understanding of catalyst activity and selectivity through mechanistic (kinetic) studies.

  • Advanced Stereochemistry, Synthesis and BiosynthesisOptional
    Module details

    Develop a high-level understanding of the tactics and strategies deployed in synthesis of complex molecules and natural products, and biosynthesis.

  • Molecular ImagingOptional
    Module details

    Apply fundamental concepts of chemistry to biological and medical imaging, including MRI contrast agents, optical probes and radiolabelling.

  • Sustainable ChemistryOptional
    Module details

    Appreciate current applications and challenges in sustainable chemical processes and products, and learn how to assess sustainability.

  • Chemistry of NanomaterialsOptional
    Module details

    Examine various methods for discovering, synthesising, characterising and optimising nanomaterials for a wide variety of applications.

  • Membrane BiophysicsOptional
    Module details

    Analyse the structure and dynamics of membranes and lipid assemblies and understand how these regulate key biological processes.

  • Processable Electronics from Materials Chemistry to Device ApplicationsOptional
    Module details

    Broaden your understanding of the operation mechanisms and application of organic/plastic electronic devices, and structure property relationships in their design.

  • Renewable Energy to Fuels and ChemicalsOptional
    Module details

    Apply cross-disciplinary topics to investigate how renewable energy can be captured, stored and used to synthesise fuels and chemical feedstocks.

Source: provider course page. Modules can change; required/optional status, credits, descriptions and assessment are shown only when explicitly published.

Course in depth

What this course covers, who it suits and where it leads.

What you'll study

Across the four years you move through core theory in the main branches of chemistry, alongside research & methods work that builds your laboratory and analytical skills. Applied practice sections connect classroom learning to real chemical problems, while specialist options let you go deeper into areas such as those offered within the department's specialist strands. The degree builds towards an independent project, giving you the chance to design and carry out a piece of original research under supervision, and professional skills components are woven through to prepare you for chemistry-related careers or further study. The extra fourth year compared with a BSc allows more time for this specialisation and for the independent project to develop into substantial, Master's-level work.

Who it's for

This course suits someone who enjoys working through problems methodically, who is comfortable spending long stretches in a laboratory, and who wants to understand not just what happens in a chemical reaction but why. If you like the idea of moving from taught modules into your own research question, and you're prepared to commit to four years rather than three in exchange for deeper specialisation, the integrated Master's structure will suit your ambitions. Most students who take this route already have a solid grounding in science subjects, the majority arrive with A-levels or equivalent, typically in the 160–175 UCAS tariff range, and are drawn to a subject that rewards patience, precision and curiosity. Expect the workload to be demanding and increasingly independent as you progress, with the later years asking you to take real ownership of your project and direction of study. It's a good fit for anyone who wants their degree to lead towards chartered professional recognition in chemistry, rather than stopping at a general science qualification.

Careers & job market

Because the degree is accredited by the Royal Society of Chemistry as fully meeting the academic criteria for Chartered Chemist (CChem), it offers a recognised route towards professional accreditation in the field, which can be useful whether you're aiming for research, industry or further academic study. National labour-market data for Physics & Chemistry graduates gives a general sense of outcomes: 85% are in work or further study 15 months after graduating, and 75% of working graduates are in highly skilled roles or further study. National Graduate Outcomes/LEO figures (not specific to this university or course) show typical earnings of £26,500–£34,000 starting out, £24,650–£34,800 after three years, and £30,600–£43,200 after five years, these are broad national ranges for the field rather than a guaranteed outcome for any individual graduate. Around 90% of students nationally continue past their first year, which gives a rough sense of how many stay the course once started.

University & format

Imperial College London is a public, Russell Group university founded in 1907, with around 17,565 students in total. This MSci (Hons) Chemistry is studied full-time over four years at the South Kensington campus, taught in English. The university holds a Gold award for teaching quality in the Office for Students' TEF 2023.

Student satisfaction

How students on this course answered the National Student Survey, by theme.

The teaching on my course
87%
Learning opportunities
85%
Assessment and feedback
74%
Academic Support
90%
Organisation and management
84%
Learning resources
91%
Student voice
84%

Share of students responding positively.

Published threshold met NSS publication requires sufficient responses; small differences are not a rank. NSS mean of 7 published themes (Discover Uni snapshot 2026-06-21)

Applicant information

The next application dates for this course, followed by facts the provider publishes.

Application timelineWhat happens next
  1. 2027 entryCompleted applications can be submitted

    Your application needs a reference before you can send it.

  2. 2026 entryFinal date for 2026 applications

    Applications must reach UCAS by 18:00 UK time.

  3. 2026 entryLast day to add a Clearing choice

    Check that this course still has a vacancy before adding it.

  4. 2027 entryEqual-consideration deadline

    18:00 UK time for most undergraduate courses.

Show 5 later dates
  1. 2027 entryUCAS Extra opens

    Applicants who used all five choices and hold no offer may be able to add another choice.

  2. 2027 entryLast day applications go directly to providers

    Applications received after 18:00 UK time are entered into Clearing.

  3. 2027 entryClearing opens

    Eligible applicants can see vacancies and release themselves into Clearing.

  4. 2027 entryFinal date for 2027 applications

    Applications must reach UCAS by 18:00 UK time.

  5. 2027 entryLast day to add a Clearing choice

    Check that this course still has a vacancy before adding it.

PlacementPublished placement option

Year in industry. Availability, selection and pay can vary.

Open daysFind out more about our September Open Days

See and book current events. Dates can fill or change.

Entry & how to get in

Typical offer (from the provider)The university’s course page lists a typical A-level offer of AAA. Always check the provider for the current offer and subject requirements.
Most entrants held A-levels or equivalent95% of accepted students came in with A-levels or equivalent (entrants over recent years).
Typical UCAS tariff: 160 - 175 pointsThe most common UCAS tariff band among accepted students. This is what entrants had, not a stated requirement.
Professionally accreditedAccredited by the Royal Society of Chemistry for fully meeting the academic criteria for Chartered Chemist (CChem)
Entry requirements are set by the universityGrades, subjects and contextual offers vary. Check Imperial College London's official course page for the current offer.

Who gets in

What recently admitted students actually held, official admissions data, not a stated requirement.

UCAS tariff of entrants

Grades are the A-level equivalent of each points band. Tap a band to check your own chances below.

Qualifications held on entry

QualificationShare
A-levels or equivalent95%
Other4%
a Baccalaureate1%

Entry & your chances

An honest read from the official entry data, plus your personal match.

Competitive entry

Accepted students typically held strong UCAS tariffs. Check how your predicted grades compare and whether a contextual offer applies.

Will you get in? Plot your grades

Pick your predicted A-levels and watch your UCAS points land on the real spread of students admitted to this course.

Each bar is the share of admitted students in that UCAS-points band (lower → higher). Grades show the A-level equivalent.

Add your grades to see where you land

Your points will drop onto the distribution above, with an honest above / within / below read.

Based on the official admitted-student tariff distribution. Many universities make contextual (reduced-grade) offers, so a result below the range doesn’t rule you out.

How to apply

Undergraduate applications go through UCAS. Here’s what matters for this course, the right deadline, the grades to aim for, and the steps in order.

Apply by13 January 2027, 18:00 UK timefor this course
Typical gradesA*A*A*A-level equivalent admitted students held
  1. 1
    Register on UCAS Hub

    Create your UCAS application and add this course. One application covers up to five choices.

  2. 2
    Write your personal statement

    A single statement covers all your choices, so keep it broad enough for similar courses while showing genuine interest in this subject.

  3. 3
    Submit by 13 January 2027, 18:00 UK time

    UCAS equal-consideration deadline for most undergraduate courses. Source: UCAS 2027 dates.

  4. 4
    Reply to your offers

    When decisions are in, pick a firm (first) choice and an insurance (back-up) choice with slightly lower grades.

  5. 5
    Results day & confirmation

    On results day (mid-August) your place is confirmed if you meet the offer. Just missed? Talk to the university, or find a place through Clearing.

💡 Many universities make a contextual (reduced-grade) offer, for example based on your school’s results, time in care, or where you live. Ask Imperial College London whether you’re eligible before you apply; it can lower the grades you need.

Fees & funding

What this course costs and how UK student finance covers it.

Tuition per year

Homeup to £9,790 / yr
Internationalset by the university

Standard capped home fee at English providers (2026/27); Scotland, Wales & NI differ.

Check fees at Imperial College London →

For students who normally live in England

illustrative Maintenance Loan per year
£9,790tuition used per year, illustrative full-time England fee-cap scenario
illustrative borrowing over 4 years

2026/27 Student Finance England figures. Maintenance support is means-tested and this two-point view is not an entitlement calculator. The course total uses its published length and home fee where both are available; a missing full-time fee uses the clearly labelled England-cap scenario, while part-time fees and unknown lengths are never guessed. Use the official calculator. Scotland, Wales and Northern Ireland use separate systems: SAAS, Student Finance Wales, and Student Finance NI.

Starting on or after 1 January 2027?

The Lifelong Learning Entitlement is a separate system. A new learner’s tuition entitlement is currently stated as £39,160 (about 480 credits at 2026/27 fee levels), subject to prior study and eligibility. Check the official LLE guide.

Paying for it

  • Tuition Fee Loan: can cover eligible tuition up to the applicable limit and is paid straight to the provider.
  • Maintenance Loan: up to £10,830/yr away from home outside London (England, 2026/27), means-tested on household income.
  • Repayment: 9% of income above £25,000, nothing below it; written off after 40 years.
  • Earn alongside: most students work part-time in term, part-time roles on the StudySmarter job board.

England figures shown; Scotland, Wales & NI run their own schemes, check gov.uk.

Funding matched to this course

Scholarships & bursaries you could qualify for

All Imperial College London funding →

Named awards published by the university. Compare the eligibility and application route before budgeting for one.

Amounts, exclusions and deadlines can change. An award is not guaranteed unless the university confirms it.

StudyKit · free

Still deciding what to study?

StudyKit brings course choice, applications and funding together in one place, with a personal AI assistant. Find what really fits you and start your UCAS application step by step.

Career quizApplication walkthroughSalary & CV check

Careers & earnings

What Physics & Chemistry graduates actually earn, from real outcome data, 15 months, 3 years and 5 years after graduating.

Graduate earnings: this course

WhenMedianTypical rangeGraduates
15 months after£34,000£31,000 – £40,00025
3 years after£36,000£30,000 – £43,00075
5 years after£49,500£37,500 – £71,00080

Nominal earnings for graduates of this course/subject at this provider. Limited evidence. Published sample: 25; treat comparisons cautiously. Cohort 2021-23.

Graduate outcomes, 15 months on: this course

100%
in work or further study 15 months on
95%
in highly skilled work or study
85%
continue past their first year
80%
find their work meaningful
85%
say work fits their future plans
  1. 1Graduate roleFirst role after the degree · 0–2 yrs
  2. 2Specialist / PractitionerWorking in physics & chemistry · 2–5 yrs
  3. 3Senior / LeadLeading work and people · 5–10 yrs
  4. 4Head of / ExpertSenior leadership or deep expertise · 10+ yrs

How pay grows: this course vs Physics & Chemistry nationally

Starting (15 months) HESA GO
£34,000
£26,500 – £34,000
After 3 years LEO
£36,000
£24,650 – £34,800
After 5 years LEO
£49,500
£30,600 – £43,200
national rangethis course’s medianaxis £22,500 – £51,500

National figures for Physics & Chemistry graduates, HESA Graduate Outcomes (15 months) and the Longitudinal Education Outcomes (LEO) dataset (3 & 5 years). These are national, not university-specific; actual pay varies by employer, region, role and experience. Different cohorts, so the bars are not one group over time.

Work out your pay

Headline figures hide a lot. Calculate realistic take-home pay for this field by role, region and experience, then check your CV before you apply.

What happened to 100 students?

Choose an outcome to translate the published percentage into a simple 100-person view. Each dot represents one percentage point, not an individual tracked student.

100 of 100

were in work or further study

15 months after graduation

55% working40% working and studying10% in further study95% in highly skilled work or study

Source: Discover Uni, using Graduate Outcomes and continuation data. Cohorts: 2022-23. Limited evidence. Published sample: 25; treat comparisons cautiously. Cohort 2021-23. Each tab is a separate published measure; categories can overlap and should not be added together.

Value compared with similar courses

How this course’s 5-year median earnings compare with Physics & Chemistry courses at the same study level.

This course £49,500Peer median £36,000Middle 50% £32,000–£38,500
97th percentile

Compared with 886 courses with compatible official earnings data. This is a course-value comparison, not a quality ranking.

UK occupations graduates enter

Published graduate destinations, joined conservatively to UK SOC 2020, ONS pay and Skills England demand.

  • Information Technology ProfessionalsSOC 2020 213 · 25% of published destinations · ASHE median £55,357
  • Finance ProfessionalsSOC 2020 242 · 25% of published destinations · ASHE median £47,173
  • Business, Research and Administrative ProfessionalsSOC 2020 243 · 15% of published destinations · ASHE median £48,746
  • Teaching ProfessionalsSOC 2020 231 · 10% of published destinations · ASHE median £42,660

Discover Uni JOBLIST/JOBTYPE; ONS ASHE 2025 provisional, all employee jobs; Skills England Occupations in Demand 2025. SOC is shown only for an exact normalised label match; demand is shown only at exact four-digit SOC. Published sample: 55; response rate: 60%. Pay describes the occupation across workers, not a guaranteed graduate salary.

Job market & outlook

How Physics & Chemistry graduates fare in the labour market, and how AI is reshaping the work.

85%
in work or further study 15 months after graduating, across Physics & Chemistry courses nationally.
Graduate Outcomes
75%
of working graduates are in highly skilled work or further study.
highly skilled
90%
of students continue past their first year (still enrolled or completed).
continuation

How AI is changing the work

AI doesn't replace the profession, it shifts it: routine tasks get automated, while judgement, working with people and using AI well become more valuable.

What AI takes off your plate

  • Routine information gathering
  • First-draft writing and summaries
  • Standard analysis and admin
  • Repetitive processing tasks

More human than ever

  • Judgement and original thinking
  • Working with and leading people
  • Owning and sense-checking AI output
  • Ethics and accountability

The strongest graduates pair subject depth with the ability to use AI tools critically.

Roles & employers

Where Physics & Chemistry graduates typically go, indicative destinations from graduate career data. Each role links to live openings on the StudySmarter job board.

Where they work

  • Research institutes
  • Energy & manufacturing
  • Universities
  • Government labs

Is this course right for you?

The essentials UK applicants ask about: finance, outcomes, entry and quality.

💷

Student finance

For comparison, the standard full-time England tuition cap is up to £9,790 per year in 2026/27; the actual fee varies by course and provider. If you normally live in England, eligible students can apply for a Tuition Fee Loan, plus a Maintenance Loan for living costs. Under Plan 5 you repay 9% of income above £25,000, nothing below that, and the balance is written off after 40 years.

📈

Where graduates go

100% were in work or further study 15 months after graduating, with a median salary of £34,000. See the full breakdown in Careers & earnings above.

🎯

Your entry chances

Use the UCAS points calculator above to see how your predicted grades compare with admitted students, and whether a contextual offer could apply.

Official-data snapshot

Averaging the official measures published for it, this course scores 9.0 out of 10: NSS 85% · in work or study 100% · continued 85%.

Who studies here and in this subject?

Provider- and UK subject-level context.

Imperial College of Science, Technology and Medicine

All students22,525
International52.9%
Aged 25+20.2%

Physical sciences across the UK

Students64,325
Aged 25+17.8%

HESA student record 2024/25. Counts are rounded.

Local crime-data context

A neutral snapshot around the published teaching location.

Around South Kensington

3,468 street-level reports returned within roughly one mile across 2026-04 to 2026-06.

Anti Social Behaviour 750Violent Crime 642Other Theft 530Shoplifting 370Theft From The Person 293

Police.uk street-level API. Approximate locations, not confined to campus. England, Wales and Northern Ireland; not Scotland.

Is Physics & Chemistry right for you?

Tick what applies to you and see how good a fit it is.

International students

What applying to Imperial College London from outside the UK involves: fees, English, visa, funding and living costs.

Tuition fees

International tuition is set per course by Imperial College London; international fees are typically £12,000–£30,000/year for classroom subjects and higher for lab/clinical ones. You’re not eligible for UK Tuition Fee or Maintenance Loans, so plan for fees plus living costs upfront.

English language

Most UK undergraduate courses ask for around IELTS 6.0–6.5 (no band below 5.5–6.0), or an accepted equivalent. If you’re just short, most universities run a pre-sessional English course that counts towards the requirement.

Student visa

You’ll usually need a Student visa (Student Route). After you accept an offer the university issues a CAS; you then show funds for fees plus about £1,023–£1,334/month living costs and pay the Immigration Health Surcharge for NHS access.

Scholarships & funding

Imperial College London offers the GREAT - Imperial College London Scholarship for international students, see Scholarships above.

Living costs

Budget roughly £1,100–£1,400/month outside London and £1,400–£1,800/month in London for rent, food and travel; the figure also matters for your visa.

Working while you study

A Student visa usually allows up to 20 hours/week in term time and full-time in holidays, useful alongside study, though not something to rely on for fees.

Visa rules and fees change. Always confirm the current requirements with Imperial College London and gov.uk before you apply.

Common questions

Entry is competitive. Accepted students typically held strong UCAS tariffs. The most common tariff band among recent entrants was 160 - 175 UCAS points. Use the calculator on this page to see where your predicted grades would put you; many universities also make lower contextual offers.
Set by Imperial College London. Most accepted students held A-levels or equivalent. Check the university's course page for the exact offer.
For Chemistry graduates from this provider, 100% were in work or further study 15 months after graduating, 95% in highly skilled roles, typical earnings around £34,000. (HESA Graduate Outcomes / LEO, via Discover Uni.)
For comparison, the standard full-time England tuition cap is up to £9,790 per year in 2026/27; the actual fee varies by course and provider. If you normally live in England, eligible students can apply for a Tuition Fee Loan, plus a Maintenance Loan for living costs. Under Plan 5 you repay 9% of income above £25,000, nothing below that, and the balance is written off after 40 years. See Fees & funding on this page to work out your numbers.
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