A student loan is a loan that students can take out to help fund their time at college or university, typically to pay for living costs such as rent, utilities, food and other necessities, as well as educational items like books, laptops and other materials.
In Scotland, student loans are awarded by the Student Awards Agency Scotland (SAAS), and you can easily apply through their website.
A few factors can affect whether you can get a student loan, these include:
- The university of college you are applying for
- The course you wish to study on (must be a higher education course)
- Your age (on the first academic year when your course begins you must be under 60 years of age)