Student finance in Scotland is quite different to that in other areas of the UK. Scotland has some extremely highly rated universities, and the tuition is free to students from certain countries, making it a really appealing place to study. Here, we take a look at some advice on student finance if you are from Scotland, or plan to study in the country.
SAAS is the key body in charge of student finances in Scotland. This is who you should contact if you wish to arrange for your tuition fees to be paid or if you are applying for a student loan. For Scottish or EU students, the government will cover the cost of the tuition fees. However, this rule doesn’t apply to those living in the rest of the UK, or the rest of the world. In these cases, tuition can range from £9,000 – £50,000 per year, depending on the course being studied.
There are also bursaries available from SAAS to students studying in Scotland. Unlike loans, bursaries don’t have to be paid back at the end of your course. The amount you will be awarded depends on your personal or household income, and can be up to nearly £2,000. There are also a range of scholarships and grants available to students in Scotland, some of which will come from your university, so check with them for details about what is available.
If you are struggling to repay a student loan, there are many agencies you can contact for debt help Scotland. Student loans don’t have to be repaid until you are earning over a certain amount, and if your income falls, the amount you pay each month should also be lowered. Therefore, you should not be left struggling when it comes to paying back your student debt.