2 minute read
Government financial support Scotland
GOVERNMENT FINANCIAL SUPPORT FOR STUDENTS NORMALLY RESIDENT IN SCOTLAND
FOR FULL-TIME UNDERGRADUATE STUDY*
Tuition Fee loans
Tuition Fees for full-time UK students starting undergraduate courses in September 2022 will be £9,250 • Students do not need to pay for their course upfront. • Students can apply for a loan to cover the cost of their tuition fees. Repayments start when the student has finished their course and is earning over £25,375. • Students need to re-apply for their funding each year.
Maintenance Loan • Available to help with living costs such as food, accommodation and travel. • A loan of up to £6,100 will be available if you live away from home. • The Living Cost loan is normally paid in three equal instalments over the academic year. .
Bursary
If your taxable household income is assessed at £34,000 or below, you can apply for a maintenance grant of up to £2,000 a year. Maximum bursary is £2,000 if household income is £20,999 or less. You do not have to re-pay this bursary.
Care Leavers • Separate funding of £8,100 is available for eligible care experienced students consisting of a funding package of tuition fee and non-income assessed Care Experience Students Bursary.
HOUSEHOLD INCOME** BURSARY LIVING COST LOAN TOTAL FOR LIVING COSTS
Up to £20,999 £21,000 to £23,999 £24,000 to £33,999 £34,000 or more £2,000 £1,125 £500 £0 £6,100 £6,100 £6,100 £5,100 £8,100 £7,225 £6,600 £5,100
* subject to eligibility criteria. Please see www.saas.gov.uk ** Assessment is based on income for the 2020/21 tax year
HOUSEHOLD INCOME** BURSARY LIVING COST LOAN TOTAL FOR LIVING COSTS
Up to £20,999 £21,000 to £23,999 £24,000 to £33,999 £34,000 or more £1,000 £0
£0
£0 £7,100 £7,100 £6,600 £5,100 £8,100 £7,100 £6,600 £5,100
** Assessment is based on income for the 2020/21 tax year Students from Scotland can use the Budget and Funding Calculator on https://www.studentinformation.gov.scot/help/calculator-introduction to estimate funding available.
Additional support available • Grants for students with a disability to help with extra costs.
How to apply
For more information and to apply online, please visit www.saas.gov.uk. Applications can be made from early 2022.
***Independent students are those over the age of 25 and those under the age of 25 who: • Have no living parent, or • Have supported themselves from earnings for any 3 years before the first day of the first academic year of their course, or • Have been permanently estranged from their parents for at least one year before the start of their course, or • Have a child dependent on them, or • Are married, in a civil partnership or living with a partner who is not a student
Dependent students are those under the age of 25 who do not meet the criteria to be classed as independent.
