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Graduate Endowment
The Graduate Endowment is a fixed amount that some graduates will be liable to pay after they have completed their degree. The funds raised from the Graduate Endowment are used to provide student support, including bursaries, for future generations of students.
Some graduates are exempt from making contributions. You will not be liable to pay the Endowment, for example, if you:
- are a mature student ( i.e. assessed as independent);
- are a lone parent entitled to a Lone Parent's Grant during your degree;
- are a disabled student eligible for support through the Disabled Students' Allowance scheme during your degree;
- are undertaking an HNC/D course;
- take less than two years to complete your degree course immediately after completing an HNC/D;
- take less than three years to complete your degree course in all other circumstances;
- take a degree course in nursing or midwifery or any degree course that attracts a Health bursary in each year;
- fail to meet the requirements to be accredited with a degree;
- have studied for a degree in publicly funded Higher Education before;
- study for your degree outwith Scotland; or
- study part-time.
Overall, around 50% of graduates are expected to be exempt.
For students starting in 2006-07 the amount is £2,289, and for all new liable students in 2007-08 the amount will increase by the rate of inflation.
More information on the Graduate Endowment
Contact SAAS on 0845 111 1711 for further guidance, or visit www.saas.gov.uk
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