Scholarships, grants, bursaries, financial awards, loans… there are many financial support options for international students who wish to study on a UK course.
Find out more about scholarships available to Cypriot students below, and you can search for UK scholarships and find out more on the scholarships and financial support page of the 'Study UK: Discover You'.
EU Tuition Fee Loan for Undergraduate Courses
Cypriot students are eligible to take out a student loan to cover the cost of their university tuition fees for Undergraduate courses. Student loans are funded by the government of the country where they choose to study (England, Northern Ireland or Wales), and paid directly to their university by the Student Loans Company. The maximum a student can borrow depends on the fees charged by their university and it’s not affected by the student’s household income. Most importantly, students will not have to start repaying their loan until after they finish their degree and they earn £21,000 (approx €24,000) per year. More information at www.gov.uk/student-finance/eu-students.
Study in Scotland for free
A big advantage in choosing a Scottish university for undergraduate studies is that all EU nationals are eligible to have their tuition fees paid by the Student Awards Agency for Scotland (SAAS). This funding assistance is unique to students who choose to study for an undergraduate degree in Scotland and does not exist anywhere else in the UK. It is worth mentioning that most degrees in Scotland are four years instead of three. More information at www.saas.gov.uk.
New UK Government Postgraduate Loans Scheme
Postgraduate loans for Masters students will be available for up to a maximum of 10,000 British Pounds (Sterling) for the academic year 2016-2017. The loans will be available for both taught and research, in all disciplines and subject areas for a full-time, part-time and distance learning Master programmes. Repayments will not begin until 2019 and will be income-contingent and made concurrently with undergraduate loans. Rates will be set at 6% of annual income over 21,000. More information can be found at https://www.findamasters.com/funding/guides/postgraduate-loans-guide.aspx