This study mainly, via adopting the method of document analysis, aims to explore the policy reform of higher education tuition fees and related financial support or assistance schemes in the United Kingdom (U.K.). This paper is divided into five sections. Firstly, it starts with an introduction of social, political, and economic background of the U.K. society. After briefly explaining the current higher education system and provision, as well as financial structure of higher education in the U.K., the third section focuses on the analysis of development and policy reform of university tuition fees and related financial support or assistance schemes for students in the UK., After analyzing the impact of 2012 tuition reforms on higher education in the U.K., a summary of major characteristics of the policy reform of higher education tuition fees in the U.K. is concluded, and related suggestions are proposed. Since the U.K. central government has given certain powers to devolved governments after 1999, and the most recent reform of university tuition fees, introduced by the 2011 “Higher Education: Students at the Heart of the System” white paper mainly applied to England, the discussion of policy reform of tuition fees in this paper is focused on the area of England mainly, unless otherwise noted.