Finances

The cost of gaining a degree or diploma depends on your own circumstances, your family's income and the type of course you choose. To be eligible to apply for support you must have been ordinarily resident in the United Kingdom, the Channel Islands or the Isle of Man for three years immediately before you start your course. As soon as you know what course you have been accepted for, you should apply online to the Student Awards Agency for Scotland (SAAS). You do not need to wait until you get your exam results. If you have a part time job while studying, this will not affect the level of support you are entitled to. You need to have a bank account so money can be paid into it.

Applications for funding must be made before the end of June and a separate application has to be made for every year you are in higher education - https://www.saas.gov.uk/  

Students Studying Full Time at a Scottish University or College

• Don't have to pay tuition fees. - You have to apply through the Student Awards Agency for Scotland each year of study for this - https://www.saas.gov.uk/  SAAS will support most HNC, HND and degree courses.
• Even if you do not require a student loan, you still need to register with SAAS. If you fail to do this by the closing date for applications on 30th June, you will have to pay for your tuition fees yourself!

Students Studying at Universities or Colleges Elsewhere in the U.K.

• Pay tuition fees every year of the course
• Are eligible for low interest student loans.

For More Information See:

• The https://www.saas.gov.uk/ website is packed with extensive information on financial support and advice to eligible Scottish students in higher education.
• The Telegraph student finance :Top 5 Student Budget Apps(opens new window)
• Use the UCAS Budget Calculator(opens new window) to plan out how much money you will have to live on at university.