For Scottish Students - SAAS funding is now open!

Enji_Benji

i'm going into my 2nd year of uni (19 years old) and will apply for funding shortly.

Now, when I applied last time, I had my uni fees paid for the year (tuition fees?) and I received monthly payments (£55 each month - living with parents etc). Is the £55 a month called a student loan? On the letter I see, it states 'LOAN FOR LIVING COSTS: ...' and that is what works out as £55(ish) a month. Is this the thing I have to start paying back when i start receiving £20k or something from work after uni?

Finally, if my circumstances have not changed - is this the maximum i am entitled to? A few mates of mine get more each month - and by quite a bit. Is this mostly down to taking in how much parents earn and if you live at home?

appreciate help

cm1981

Enji_Benji wrote: »

i'm going into my 2nd year of uni (19 years old) and will apply for funding shortly.

Now, when I applied last time, I had my uni fees paid for the year (tuition fees?) and I received monthly payments (£55 each month - living with parents etc). Is the £55 a month called a student loan? On the letter I see, it states 'LOAN FOR LIVING COSTS: ...' and that is what works out as £55(ish) a month. Is this the thing I have to start paying back when i start receiving £20k or something from work after uni?

Finally, if my circumstances have not changed - is this the maximum i am entitled to? A few mates of mine get more each month - and by quite a bit. Is this mostly down to taking in how much parents earn and if you live at home?

appreciate help

i think u may have ticked the wrong box last year tbh, i did that one year and it came back a stupid amount like that coz i ticked the wrong box, i called them and the guy fixed it out for me so went from like £755 for the year to £4,400 just coz of one box lol

The_One_Who

Enji_Benji wrote: »

i'm going into my 2nd year of uni (19 years old) and will apply for funding shortly.

Now, when I applied last time, I had my uni fees paid for the year (tuition fees?) and I received monthly payments (£55 each month - living with parents etc). Is the £55 a month called a student loan? On the letter I see, it states 'LOAN FOR LIVING COSTS: ...' and that is what works out as £55(ish) a month. Is this the thing I have to start paying back when i start receiving £20k or something from work after uni?

Finally, if my circumstances have not changed - is this the maximum i am entitled to? A few mates of mine get more each month - and by quite a bit. Is this mostly down to taking in how much parents earn and if you live at home?

appreciate help

You obviously get less if you live at home, and can claim for travel expenses. If you do not apply for means-testing then you will get the basic loan, which sounds like what you did. Means-testing can enable you to get the bursary (if eligible), more loan, and be eligible to claim for travel expenses.