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Sources of funding

A-Z and glossary of funding terms

A - B - C - D - E - F - G - H - I - J - K - L - M
N - O - P - Q - R - S - T - U - V - W - X - Y - Z

A

B

C

D

E

  • Educational trust - A fund which gives grants towards the cost of study, depending on conditions like, for example, your parents’ jobs or where you were born.
  • English Students
  • EU Students

F

G

  • Grant - Money you don’t have to repay, awarded to some kinds of students, for example, lone parent's grant.

H

  • Home Student - You must have been ordinarily resident in the United Kingdom, the Channel Island or the Isle of Man for the 3 years immediately before the first day of the first academic year of your course. You must also be ordinarily resident in Scotland on the relevant date (for the majority of students this is usually 1st August) before the start of your course.

I

  • Independent Students' Bursary (ISB) The bursary is available to all new and continuing students studying in Scotland who are eligible to receive their support from us. The amount available will depend on the level of your household income. For further information check the SAAS website: ISB
  • Individual Learning Accounts
  • International Students
  • Income assessed (also called means tested) (SAAS site) - Looking at your income, and that of your parents or spouse, to decide whether you are entitled to financial support.

J

K

L

M

N

O

P

Q

R

S

  • Scholarships - Money you don’t have to repay, given by an organisation towards the cost of study, travel, research and so on.
  • Short-term loans
  • Sponsorship - An arrangement where an employer covers all or some of the cost of the course in return for the student working for the company when they finish.
  • Sports Bursaries
  • Student Awards Agency for Scotland (SAAS)
  • Student loans
  • Supplementary Grants (SAAS) - help with living costs. The extra support you can get depends on your personal circumstances. You do not have to pay back the supplementary grants unless you lose your entitlement to them.

T

U

  • UK home student - to qualify as a home student:
    • you must be settled in the UK on a set date close to the beginning of your studies, and
    • have usually lived in the UK for at least 3 years before the beginning of your studies, and
    • during this time, have not been in the UK wholly or mainly for full-time education.

    Also counted as UK home students are:

    • Students from other EU countries if they have been living in the European Economic Area (EEA) for at least 3 years, and not mainly for full-time education
    • EEA nationals, their spouses and children, who are resident in the UK as "migrant workers" and have been ordinarily resident in the EEA for at least 3 years before commencing studies
    • Those recognised as refugees by the UK Government, their spouses and children, provided they have remained ordinarily resident in the UK
  • Undergraduate funding

V

W

X

Y

  • Young Students Bursary (SAAS) - only available to young Scottish students studying in Scotland. You may qualify if you are under 25 years old on the first day of the first academic year of your course . However, if you are married, in a civil partnership, live with a partner or you have supported yourself from earnings oe benefits outside full - time education for any 3 years before the first day of the first academic year of your course, and you do not have a child that is dependant on you, you will not be eligible to receive this bursary.

Z

Updated: 18 June, 2010 | Student Funding Team | Legal