The University of Edinburgh is offering the most generous bursary package within the UK for those on the lowest household incomes.
The bursary package is being made available as a result of the new indicative fee level for undergraduate students who usually live in England, Wales or Northern Ireland and who wish to study at the University of Edinburgh. This has been set at £9,000 per student per annum.
Professor Mary Bownes, Vice Principal for External Engagement, said:
“The University is committed to introducing the most generous package of bursaries to be made available to RUK-domiciled students on the lowest household incomes, with the aim of ensuring that no student will be prevented from attending the University purely on the basis of an inability to afford to study here.
"From the total resources available to the University, we intend to create a bursary scheme of £6.7 million for RUK students. This, we believe, will be the best package available in the UK for those on low household incomes. We are also planning to use investment income to fund a significant number of new access and accommodation bursaries a year for Scottish-domiciled students."
As a result of the new package of bursaries, all RUK-domiciled students from the most economically disadvantaged backgrounds will be eligible for a bursary of up to £7,000 a year.
If they are studying for a four year degree that means they could receive a total of up to £28,000. They will also be eligible to apply for access awards of up to £5,000.
|Residual household income||University of Edinburgh RUK Bursary|
|up to £16,000 per annum||£7,000 per annum|
|£16,001 - £20,000 per annum||£5,700 per annum|
|£20,001 - £25,000 per annum||£4,000 per annum|
|£25,001 - £30,000 per annum||£2,000 per annum|
|£30,001 - £35,000 per annum||£1,500 per annum|
|£35,001 - £42,600 per annum||£500 per annum|
Professor Bownes added:
“These students will be studying at one of the world’s top teaching and research institutions, regularly ranked amongst the leading universities in the world. Their educational experience is also enhanced by the University’s location in the historic Scottish capital - a UNESCO World Heritage Site.
RUK students will not have to pay anything upfront. Costs are covered by a government loan and repayments only begin after students graduate and are earning over £21,000 per year.
The four-year degree system in Scotland continues to offer greater flexibility in the way students can study and much greater breadth in what they study.
The University has an excellent track record in terms of employment prospects for graduates. The latest HESA Employment KPI demonstrates that 94.5% of 2009/10 leavers were either in employment or further study.
The fee for Rest of the UK (RUK) domiciled students will be phased in from academic year 2012/13.
The situation has come about as a result of the Scottish Government’s decision to remove funding for students who usually live in the rest of the UK to study in Scotland, which has been driven by changes to Higher Education funding in England brought forward by the UK Government.
These indicative fees, and associated bursary provision, cannot be confirmed until the Scottish Parliament has decided whether to approve the Scottish Government’s proposals.
See a video interview with Professor Nigel Brown, Senior Vice Principal, addressing some of the key questions surrounding the issue.
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Tuition fees for RUK students