Student loan (Scotland)

Who is eligible to apply for a student loan for living costs.

To be eligible for a loan for living costs, you must:

• be studying on a full-time that qualifies for a loan; and
• meet the same conditions as for the Students' Allowances Scheme; and
• not be in breach of any obligation to repay any loan; and
• be under 50 on the first day of the first academic year of your course; or
• be aged 50 to 54 on the first day of the first academic year of your course and plan to return to employment after completing the course.
• have a valid National insurance no
  

If you are under 16 when you start your course, we cannot assess your entitlement to a student loan. However, you can apply for your loan at the same time as other support you are entitled to (fees and bursary). When you turn 16, we will assess your loan entitlement and send this information electronically to the SLC. The SLC will set up your loan account and send you a payment schedule to tell you how and when they will pay your loan.

Student loan amounts:.

The loan for living costs covers 52 weeks from the first day of the academic year of your course, except in a final year of study for which there are special rates. The amount of loan you can get depends on the level of your income and, if this applies, your or your husband's, wife's, civil partner's or partner's income. We will assess what you or your household should make to your support. We will first apply any contribution to your support to any supplementary grants you are due. We will then apply any outstanding contribution to the income-assessed part of the loan as shown in the table below.

The loan available for a 30 week course is as follows: Read More