Discover the Student Finances section provided by the University of Edinburgh, where we recognize the importance of skillfully managing your finances throughout your university journey. Whether you require guidance in choosing the ideal bank account, exploring scholarship possibilities, or acquiring valuable budgeting strategies, our goal is to offer unwavering support at every stage. Let us embark together on a financial journey, equipping you with the essential tools for a successful academic experience at UOE.
Student Bank Accounts
- NatWest & RBS Student Account:
- 0% Overdraft: Up to £500 in the first term, up to £2,000 until the end of year two, and up to £3,250 after the second year (subject to approval).
- Perks: Receive £100 cash and a four-year Tastecard.
- Eligibility: For UCAS-accredited undergraduate courses of 2+ years, full-time postgraduate courses, nursing training at UK institutions, and easy switching from another account.
- How to Get: Open the account and receive £100 within 10 working days. Redeem Tastecard within 5 days.
- Santander 123 Student Account:
- 0% Overdraft: Years 1 to 3: £1,500, Year 4: £1,800, Year 5: £2,000.
- Perks: Enjoy a free four-year 16-25 Railcard (excludes Northern Ireland).
- Eligibility: Open to first-year students, level 4-7 apprenticeships, and those with 2+ years of study remaining.
- How to Get: Open the account, register for online banking, and receive a railcard code within five days.
- HSBC Student Account:
- 0% Overdraft: Year 1: £1,000, Year 2: up to £2,000, Year 3 & beyond: up to £3,000 (credit record-dependent).
- Perks: Receive £100 cash and a one-year Headspace subscription.
- Eligibility: Available to first-year under- and postgraduates, and certain BTEC courses.
- How to Get: Open the account, use the debit card 5+ times within 30 days, and receive the cash and Headspace voucher.
Exercising financial discipline and adhering to your overdraft limit is essential to avoid any restrictions on your account. All student bank accounts offer savings protection of up to £85,000 through the Financial Services Compensation Scheme. It is important to select the student bank account that best suits your specific requirements and aspirations, enabling you to optimize your financial resources throughout your university journey.
The Student Loans Company (SLC) plays a vital role in financing your education, serving as a crucial entity in this process.
If you have any inquiries or need support, you can contact them via their helpline at +44 300 100 0607. They offer valuable guidance on loan applications, repayment processes, and eligibility criteria. Additionally, their website provides a wide range of comprehensive resources related to student finance that you can explore for further assistance.
Efficiently managing your finances as a student greatly depends on choosing the most suitable bank account. Student bank accounts often come with special promotions and advantages, allowing you to maximize your financial resources while pursuing your studies. In this resource, we have carefully curated a list of top-ranked banks offering student accounts, providing detailed information about their unique offerings. Our objective is to empower you to make an informed decision when selecting a bank account that aligns with your specific requirements, enabling you to optimize your financial benefits throughout your academic journey.
Scholarship and Bursaries:
The University of Edinburgh is dedicated to providing substantial financial support to its undergraduate students each year. In addition to the university's own funding, students may have access to scholarships and financial assistance from governmental and agency sources around the world. UOE offers generous financial aid, including bursaries and scholarships, specifically designed for international students with overseas fee status. This commitment ensures that financial considerations do not hinder students' ability to pursue their academic goals at UOE.
Part-Time Jobs:
Supplementing your income through part-time employment is a valuable option to consider in Edinburgh. The University's Information Services Group (ISG) offers on-campus paid internships and part-time jobs throughout the year. CareerHub provides job listings and guidance for balancing work and studies. Additionally, working part-time or completing an internship may make you eligible for the Edinburgh Award, recognizing achievements beyond your degree program.
FAQs
To initiate the process of applying for a student loan, you can visit the official website of the Student Loans Company (SLC) at www.gov.uk/student-finance. This website offers detailed information on eligibility criteria and provides a step-by-step guide to assist you in completing your student loan application.
The University offers a diverse range of scholarships and bursaries for students across different academic disciplines. You can explore the complete catalogue of available opportunities and access application details by visiting the Scholarships and Bursaries . This valuable resource provides extensive information about the various scholarships and bursaries offered by the University.
To support you in managing your finances, the University offers budgeting workshops and online resources. Stay informed about upcoming workshops.
For specific scholarships and bursaries available to international students at LSE, visit the International Students page on the student a2z website. There you'll find comprehensive information on eligibility and application procedures.
