Undergraduate funding - full time study

Home students

Home students are eligible to apply for a loan to cover tuition fees and living costs via their Local Education Authority (LEA) and the Student Loan Company (SLC).

EU students

EU students are eligible to apply for a loan to cover tuition fees only from the Student Award Agency for Scotland (SAAS).  For further information please see students living in the European Union

Student loans

To be eligible for a loan you must meet the criteria - and also be undertaking an undergraduate degree. No postgraduate courses at this University have eligibility for a student loan.

The Student Loans Company administers student loans.

You cannot apply directly to the SLC for a student loan - you must apply to your funding body first. They then assess how much you are entitled to and tell the SLC to pay you.

The SLC administers payments and also deals with repayments from you.

You must tell them if your bank details change; otherwise, you will not receive future instalments.

For further information on the student loan, interest rates and repayment: www.studentloanrepayment.co.uk/

Receiving your Student Loan

In order to receive your student loan directly into your bank account by BACS, you must have completed the matriculation process - this will enable your status to be updated to Registered.

The University will pass your registration details to the SLC to activate the payment of the first instalment of your student loan. The SLC should then make the payment direct to your bank account within either 3 working days of the start of the academic year or 3 working days of the University submitting your registration details whichever is the later date. If you have any queries relating to your student loan you should contact the SLC in the first instance.

Resident in England

Tel: 0845 300 50 90 (open mon - fri from 8.00am to 8.00pm and between 9.00am and 5.30pm on sat - sun, local call rates apply) Minicom: 0845 604 4434 (You must have access to a Minicom device in order to use this service).

Resident in Wales

Tel: 0845 602 8845 (open 8am-8pm Mon-Fri and between 9am-1pm on Saturday, local call rates apply). Minicom: 0845 603 1693 (You must have access to a Minicom device in order to use this service).

Resident in Northern Ireland

Tel: 0845 600 0662(open Monday - Friday from 8.00am - 8.00pm and between 9.00am-5.30pm on Saturday - Sunday, local call rates apply).

Resident in Scotland

Website: www.saas.gov.uk

Contact Student Awards Agency for Scotland (SAAS) for information and advice about applying for student finance or to query an application you have already made:

Tel: 0300 555 0505 (open 8.30am - 5.00pm ( 4.30pm on Fridays) 8.00am - 6.00pm (4.30pm on Fridays) from early June to mid October).

Contact us to query loan payments, due to be paid to you, after your application has been approved:

Tel: 0845 026 2019 (open Monday - Friday 8.00am to 8.00pm and Saturday - Sunday 9.00am and 5.30pm, local call rates apply)

Bank details

If your bank account details change, please contact both SAAS and SLC to update them.

From other EU countries

Tel: +44 (0)141 243 3570


If you are still having issues with your funding you can contact Money Adviser, Student Services E: money.advice@st-andrews.ac.uk or T:01334 462720.

You can also use the ask a question pages to help answer any queries.

Note: If you fail to matriculate you will not be able to receive your student loan.