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Student Awards Agency for Scotland

Student Awards Agency Scotland (SAAS) (Scottish Gaelic: Buidheann-tabhartais Oileanach na h-Alba) is an Executive agency of the Scottish Government. It supports eligible Scottish students by paying their tuition fees, as well as offering bursaries and supplementary grants. It also assesses students applying for loans. The Agency administers the Individual Learning Accounts Scotland scheme (ILA's) in partnership with Skills Development Scotland (SDS).

Student Awards Agency Scotland
Executive agency overview
JurisdictionScotland
Parent Executive agencyScottish Government
Websitewww.saas.gov.uk

Funding provided edit

SAAS provides funding to students. Some of the most noteworthy are:

Tuition fees edit

SAAS pays the tuition fees of eligible Scottish and EU students. SAAS will pay these fees regardless of a student's financial situation.

Fee loans edit

SAAS can authorise loans to cover the tuition fees of Scottish students going to study elsewhere in the UK.

Student loans edit

Student loans are available to help with living costs. Student loans are paid by the Student Loans Company [1] but students apply for their loan through SAAS. Any eligible student can apply for the minimum loan regardless of their income. The maximum loan is income assessed. The maximum loan that a young student can receive is £5,750, and the maximum loan for an independent student is £6750. However, if your household income is over £34,000 the maximum loan for a student is £4,750.[2]

Students normally do not have to start repaying this loan until the April after they graduate or leave their course. The Student Loans Company (SLC) expect students to pay 9% of any income they earn over £17,335 a year. This threshold normally increases every year with inflation.

Bursary edit

A bursary is a non-repayable income-assessed grant to help students with living costs.

A young student can receive a bursary of up to £1,750. To be eligible to receive a bursary an applicant's family have to have a household income of no more than £33,999.

An independent student can receive a bursary of £750. To be eligible to receive the bursary an applicant's spouse/partner must earn no more than £16,999.

Bursaries for higher education students from Scottish households with an income of up to £24,000 will increase by £125 from academic year 2015/16 - raising the maximum available bursary for young students to £1,875, and £875 for independent students. From 2016/17 the household income threshold for receiving the maximum bursary will also be raised from up to £17,000 to up to £19,000.[3]

See also edit

References edit

  1. ^ "Student Loans Company - GOV.UK".
  2. ^ (PDF). Student Awards Agency Scotland. Archived from the original (PDF) on 21 September 2018. Retrieved 4 May 2023.
  3. ^ "Student funding increased". Scottish Government (Press release). 15 May 2015. Retrieved 6 April 2017.

External links edit

  • Official website

student, awards, agency, scotland, student, awards, agency, scotland, saas, scottish, gaelic, buidheann, tabhartais, oileanach, alba, executive, agency, scottish, government, supports, eligible, scottish, students, paying, their, tuition, fees, well, offering,. Student Awards Agency Scotland SAAS Scottish Gaelic Buidheann tabhartais Oileanach na h Alba is an Executive agency of the Scottish Government It supports eligible Scottish students by paying their tuition fees as well as offering bursaries and supplementary grants It also assesses students applying for loans The Agency administers the Individual Learning Accounts Scotland scheme ILA s in partnership with Skills Development Scotland SDS Student Awards Agency ScotlandExecutive agency overviewJurisdictionScotlandParent Executive agencyScottish GovernmentWebsitewww wbr saas wbr gov wbr ukThis article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Student Awards Agency for Scotland news newspapers books scholar JSTOR May 2023 Learn how and when to remove this template message Contents 1 Funding provided 1 1 Tuition fees 1 2 Fee loans 1 3 Student loans 1 4 Bursary 2 See also 3 References 4 External linksFunding provided editSAAS provides funding to students Some of the most noteworthy are Tuition fees edit SAAS pays the tuition fees of eligible Scottish and EU students SAAS will pay these fees regardless of a student s financial situation Fee loans edit SAAS can authorise loans to cover the tuition fees of Scottish students going to study elsewhere in the UK Student loans edit Student loans are available to help with living costs Student loans are paid by the Student Loans Company 1 but students apply for their loan through SAAS Any eligible student can apply for the minimum loan regardless of their income The maximum loan is income assessed The maximum loan that a young student can receive is 5 750 and the maximum loan for an independent student is 6750 However if your household income is over 34 000 the maximum loan for a student is 4 750 2 Students normally do not have to start repaying this loan until the April after they graduate or leave their course The Student Loans Company SLC expect students to pay 9 of any income they earn over 17 335 a year This threshold normally increases every year with inflation Bursary edit A bursary is a non repayable income assessed grant to help students with living costs A young student can receive a bursary of up to 1 750 To be eligible to receive a bursary an applicant s family have to have a household income of no more than 33 999 An independent student can receive a bursary of 750 To be eligible to receive the bursary an applicant s spouse partner must earn no more than 16 999 Bursaries for higher education students from Scottish households with an income of up to 24 000 will increase by 125 from academic year 2015 16 raising the maximum available bursary for young students to 1 875 and 875 for independent students From 2016 17 the household income threshold for receiving the maximum bursary will also be raised from up to 17 000 to up to 19 000 3 See also editEducation in ScotlandReferences edit Student Loans Company GOV UK Funding Guide 2018 2019 PDF Student Awards Agency Scotland Archived from the original PDF on 21 September 2018 Retrieved 4 May 2023 Student funding increased Scottish Government Press release 15 May 2015 Retrieved 6 April 2017 External links editOfficial website Retrieved from https en wikipedia org w index php title Student Awards Agency for Scotland amp oldid 1153225997, wikipedia, wiki, book, books, library,

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