Summer months financial support for students unveiled

HIGHER education students can apply to spread their student financial support package over a 12-month period for the first time this coming academic year.

The year-long package of support will be available for eligible undergraduate students from August 2024. The change will ensure that payments of relevant student loans and bursaries can continue through the summer months.

This follows a successful two-year programme, which saw care-experienced students being given the option of 12-month support.

Care-experienced students will continue to receive additional support for their living costs under the Summer Accommodation Grant from Summer 2024. Students eligible for the grant – which will replace the Care-Experienced Accommodation Grant – will be entitled to a payment of up to £1330 to help ensure they do not fall into rent arrears over the summer.

These changes will coincide with the £2400 increase to the annual support package, which sees the main undergraduate funding package rise up to £11,400.

Higher Education Minister Graeme Dey said: “The summer months can be a difficult period for learners when their payments stop – these changes will ensure that learners can access the vital funds they need the whole year round.

“This is another example of the actions being taken by the Scottish Government to support students through the cost of living crisis. Scotland already has the lowest student debt levels in the UK, which is thanks to our commitment to free tuition and our enhanced student support offering.

“We are already seeing a record number of students from Scotland’s most deprived areas applying to study at university. The changes made to the student support package will help to further break down barriers and ensure that access to our world-class institutions is not denied to anyone, whatever their background.”

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