Around 76,000 students are expected to benefit from the Scottish government's decision to increase grants and loans by £30 million. Fiona Hyslop announced the increase yesterday.
She said opposition parties and the National Union of Students would be asked for input on how much grants should increase and how £2m allocated for childcare should be spent.
Under the plan 14,000 students entirely reliant on student loans will be eligible for grants. Grants for the poorest students will increase while the maximum income-assessed student loan - currently with a zero interest rate - will rise £442.
For young students, three possible levels of increase are proposed - £360, £430 or £500 a year - with the final Scottish government decision to come after talks.
Good news indeed for Scottish students and it is to be hoped this investment will assist those who may be tempted to give up their studies because of financial hardship. Of the 30% who do not complete courses it is though most leave because of money problems.
Posts
