Undergraduate Student Funding
England, Wales & Northern Ireland

Four Year Degrees

Undergraduate Honour degrees in Scotland are typically four years’ long as opposed to three. You have several options:

  • Start in Year 1: Study for four years. Successful students could then graduate with a Bachelor’s Degree after three years of study, or a Bachelor’s Degree with Honours after four years of study.

  • Direct entry into Year 2: Students taking suitable A Levels are encouraged to apply for direct entry to Year 2 of an undergraduate degree. Successful students could then graduate with a Bachelor’s Degree after two years of study, or a Bachelor’s Degree with Honours after three years of study.

 

Tuition Fees

Undergraduate tuition fee rates can be found here 

Tuition Fee Loans

If you live in England, Wales or Northern Ireland, you can apply for a tuition fee loan to cover the cost of your tuition fees. Apply via the Student Finance Organisation that covers where you live:

The Tuition Fee Loan is not income-assessed, so you can usually borrow up to £9,250.  This will cover your tuition fees in full and is paid directly to the University.

Northern Irish students: Northern Irish students, who are Irish passport holders and live in Northern Ireland, are only eligible for EU fee status if they have resided in the EU (outwith the UK) prior to living in Northern Ireland.

 

Living Costs

The good news is that weekly household costs in Scotland are roughly 20% lower than London, and 10% cheaper than the UK as a whole. 

A recent survey found that Dundee is one of the the cheapest cities in the UK to live in. The survey included single people and couples, and covered subjects like the cost of accommodation and grocery shopping.

 

Funding Living Costs 

The rUK Scholarship & The Student Bursary Fund

Abertay rUK Scholarship is for all undergraduate students from England, Wales and Northern Ireland.

You will automatically receive a scholarship of £9200 over four years, where £2300 is paid directly into your bank account each year. This is to support your living costs like rent and food, and does not need to be repaid. Also check the Scholarships section below for other options.

The Student Bursary Fund is open to new undergraduate students from England, Northern Ireland and Wales (also known as rUK). To apply, your household income needs to be less than £34,000 per annum (as assessed by the Student Loans Companyand does not need to be repaid. 

See the table below, and visit the RUK Bursary page for full details.

There are other Undergraduate Scholarships and Bursaries to help support your studies. Find out what else is available.

RUK Bursary 2020/2021 Entry

HOUSEHOLD INCOME

ABERTAY BURSARY

£0-£16999

£1750

£17000-£23999

£1000

£24000-£33999

£500

£34000 and above

£0

 

Student Loans & Grants

Depending on your circumstances, you can also apply for student loans or grants. For English students this includes a Maintenance Loan for living costs. Welsh and Northern Irish students can apply for a Maintenance Grant via Student Finance Wales or Student Finance Northern Ireland. These are paid into your bank account every year in three instalments, one payment per term.  

How much you can borrow depends on the year of your course, where you live, your household income, your age and whether you claim welfare benefits. There is extra financial help available if you have a disability, a partner on a low income or dependent children. 

How repaying a Student Loan works

You only start to make repayments on your student loan when you start earning over a certain amount known as 'the threshold'. This amount is before tax and other deductions. You will pay 9%* of the amount you earn over that threshold.

The threshold is different depending on which repayment plan you are on, so find out about your repayment plan on the GOV.UK site.

But if your salary falls below that amount, or you stop working, the repayments stop automatically. For the full details, check repaying your student loan on the GOV.UK website

* This amount may change, and is outside our control. Always check the GOV.UK website for full details.

 

When to Apply for Funding

We recommend that you apply for funding as soon as you apply for your course. 

You apply for all funding at the same time: student loans, grants, bursaries and tuition fees. It takes at least six weeks to process your application so the earlier the better. The GOV.UK site tells you all about how and when to apply for student finance

If you want to ensure your funding is in place before you start University, we suggest you apply before 30 June.  You don’t need a confirmed place, just use your preferred choice and update it if necessary.

Submitting your application as early as possible means your finances will be sorted before you start. If your application is later than 30 June, your money may be too. And you don't want to start your course worrying about money. 

Applying early enough also means that your first tuition fee funding instalment is ready for release as soon as you are registered for University.

 

Budgeting

We have a useful page of sites about budgeting and discounts for students

 

We're here to help

For advice on funding, email advisory@abertay.ac.uk or phone 01382 308833. Appointments are available by Skype or telephone.