Financial support for Full Time Undergraduate students from Scotland

Tuition Fee Costs UK and EU Students

For 2023/24, Bangor University will charge a tuition fee of £9,000 a year for full time undergraduate degree courses.  Payment of tuition fees can be deferred until after you finish your studies, if you opt to take out a Tuition Fee Loan. Alternatively, you pay your fees whilst you study.

The Tuition Fee Loan is available regardless of family income.  However, students who have previously studied at Higher Education level should contact their Student Funding body to check their entitlement.

A Tuition Fee Loan has to be repaid once you leave your course and start earning more than £25,375 a year. Deductions are usually made through the PAYE tax system by your employer in the same way as tax and National Insurance contributions. You will make repayments at a rate of 9% of any amount that you earn above £25,375 a year. For further information, please visit the following website:www.studentloanrepayment.co.uk

For further information on how you can pay your tuition fees, if you choose to do so, or paying any other university fees such as accommodation please visit the Finance office.

Financing your Living Costs

The following information will give you an indication of your entitlement.

Maintenance Loan

  • Maintenance Loans - are available to help you pay for living expenses such as accommodation, food, books, clothes and travel. This money comes from the government via the Student Loans Company.
  • How much you will receive with be determined on where you will live whilst you study and your taxable household income. 
  • The Maintenance Loan will be paid directly into your bank or building society account in three instalments - one at the start of each term.
  • A Maintenance Loan has to be repaid once you leave your course and start earning more than £25,375 a year. Deductions are usually made through the PAYE tax system by your employer in the same way as tax and National Insurance contributions. You will make repayments at a rate of 9% of any amount that you earn above £25,375 a year.  For further information, please visit the following website:www.studentloanrepayment.co.uk

The Student Finance application form are now available. You are advised to complete the form as soon as possible so that the financial assessment is completed well before your course starts in September 2023.

Bursary and Maintenance Loan entitlement Table for 2023/24

(if you are a dependent student - Aged under 25 at the start of the course)

Taxable Household income

Bursary

Loan

Total Award

£0 to £20,999

£1,000

£8,100

£9,000

£21,000 to £23,999

£0

£8,000

£8,000

£24,000 to £33,999

£0

£7,500

£7,500

£34,000 and above

£0

£6,000

£6,000

Bursary and Maintenance Loan entitlement Table for 2023/24

(if you are a independent student - Aged 25 or older, married or self - supporting at the start of the course)

Taxable Household income

Bursary

Loan

Total Award

£0 to £20,999

£1,000

£8,100

£9,000

£21,000 to £23,999

£0

£8,000

£8,000

£24,000 to £33,999

£0

£7,500

£7,500

£34,000 and above

£0

£6,000

£6,000

The Student Awards Agency Scotland also offer student bursaries to help students with their living costs.  Bursaries are determine on taxable household income and where you’ll be studying.   For further information you are advised to contact the Student Awards Agency Scotland www.saas.gov.uk

How and When to apply

You can apply for your student finance on-line at:

http://www.saas.gov.uk until the March 2023.

You should be applying for your funding as soon as you can and NOT wait until you have received a confirmed place at a University or College. 

Previous Study

SAAS have introduced a 'plus one' rule. This will allow you to gain one extra year's funding to the minimum time you require to complete your programme of study. You can use the 'plus one' year to cover scenarios that include:

  • Academic repeats

  • Medical repeats

  • Compassionate repeats

  • Approved changes of course

  • Intercalated years

  • Year one of degree for HND holders

  • Year one of HND for HNC holders

In the case of medical/compassionate repeat year requests, they will no longer require supporting evidence to support this, as you can use your 'plus one' year.

If you change course, you can use your 'plus one' year if you have to study for a second time at the same level, or are progressing, and do not already have a qualification.

If you are not eligible for full funding, you are still eligible to apply for student loans and any applicable living-cost grants.

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