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Student loans and funding from SAAS/LEAs

There are different types of funding including payment of fees, bursaries, supplementary allowances, student loans, funding for students with dependants.

Where should I apply?

If you live in:

How do I get my first payment?

  • Student loans for new students - You must bring your payment schedule letter from the Student Loans Company or SAAS award letter when you collect your matriculation card. We will scan a barcode from the letter and then confirm to the Student Loans Company that you are a student here. SLC will pay your first installment directly into your bank account, normally within 3 working days of this confirmation. If you get your letter after you have collected your card you still need to bring it to us.
  • Student loans for continuing students - This year, continuing students who have had a student loan in 2009-10 just need to register online and start their course: we don't need to see your letter again this year. When you start back, we will automatically confirm your attendance to SLC and they will pay your first installment direct to your bank account. If you have any problems, come to The Academic Registry.
  • Grants/bursaries - Instalments for grant or bursary will be paid direct into your bank account after your application is processed and you have started your course. If you do not receive a student loan you must bring us your matriculation card and SAAS award letter to scan to confirm your attendance or later instalments may be stopped. You don't need to do this if you are a nursing or postgraduate student.
    First instalments are still paid by cheque for a very small number of students who have been unable to supply suitable bank details. Your award letter will tell you how your instalments will be paid. Cheques are available from The Academic Registry usually about a week to 10 days after you receive your award letter. You need to show your award letter and valid matriculation card when you collect a cheque.

Paying back your student loan

Check the Student Loans Company website for all the information on when you start repayments and how much you'll pay.

Try Studentmoney's loan repayment calculator to get an idea of how long it will take you to pay off your student loan (or a bank loan) and how much you’ll pay.

Delay with your student loan?

If you are experiencing a delay with your student loan you can apply for a short-term loan of up to £200.

  • Who can apply? - Full-time undergraduate students who have applied for their student loan and received their award letter from SAAS/LEA.
  • How do I apply? - You can only apply at the beginning of semester A. To apply you need to make an appointment with Student Funding and bring your matriculation card, SAAS or LEA reference number, and bank details.
  • How do I get the loan? - A cheque will be issued a few days after application; you can collect this from the Finance Office.
    You can cash it at the Royal Bank of Scotland, corner of Sauchiehall Street/West Nile Street. You'll need your matriculation card.
  • What about repayments? - It must be repaid on receipt of the first instalment of your Student Loan.

Updated: 19 August, 2010 | Registry Services | Legal

The Student Awards Agency for Scotland

Visit the SAAS website
Visit the SAAS website for more information.

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