Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner. Facebook Messenger An icon of the facebook messenger app logo. Facebook An icon of a facebook f logo. Facebook Messenger An icon of the Twitter app logo. LinkedIn An icon of the LinkedIn logo. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Email An icon of an mail envelope. Copy link A decentered black square over a white square.

New support announced to help students facing financial hardship

Supplied by Shutterstock.
Supplied by Shutterstock.

The Scottish Government has announced more financial support to helpĀ  students as the cost of living continues to rise.

Those facing financial hardship will be able to apply for funding, which will help with heating and other household costs.

More than Ā£5 million will be distributed to students across Scotland, which is part of a larger Ā£37 million worth of funding since June 2021.

The Scottish Funding Council notified higher institutions that funding, through student support funds, would be given out throughout the next academic year.

Higher and Further Education Minister Jamie Hepburn has reached out to colleges and universities to encourage students who require additional funding to apply.

The cost of living in the UK has risen due to an increased demand for goods and products as countries reopen post-pandemic.

Reopening the economy and stopping government support for businesses has caused prices to rise.

External factors such as global tensions in Eastern Europe has also led to food and fuel prices nearing an all-time high.

Students are also facing the “living squeeze” as they transition back to in-person learning.

Cost of living support for student facing financial hardship.

Last year, the Universities and Colleges Admission Service revealed the number of Scottish applicants from the most deprived areas applying to higher education increased by 11%.

This means that more students from poorer backgrounds are facing the financial hardship through being a student in 2022.

The government announced a Ā£350 loan for the next academic year in higher education to further support students.

It will allow the most disadvantaged students to access up to Ā£8,100 worth of funding through a combination of bursaries and loans.

There will be a new 12 monthly payment option for higher education students receiving the Care Experienced Bursary.

The payment plan would allow students to access funding through the summer months between academic years.

Mr Hepburn said: ā€œMany students are facing higher energy bills and increased financial hardship as a result of the cost of living crisis.

ā€œI have written to university and college principals asking them to ensure that discretionary funds remain accessible for students most in need and that in distributing funds, they should take account of the impact rising energy prices will be having on students, particularly those in private rented accommodation.

ā€œI have also asked them to add students facing rising energy bills to the priority groups so they can access the funds.

“Students can also apply for support through the Fuel Insecurity Fund, which is distributed through third sector organisations.ā€