Money Matters

Money Matters

The hardship Fund - if you are struggling with money due to unexpected or exeptional circumstances, you may be eligible to receive funding

Hardship Funds 

If you are in financial hardship, please read the information below about Financial Assistance as well as the Fees and Funding section which provides information about tuition fees, bursaries and scholarships. 

If you are experiencing a financial crisis, please email hardship@abdn.ac.uk to speak to an adviser before making an application to any of the funds.

Application deadline is 5pm Monday 12 December 2022.  

Money Advice

If you are experiencing financial difficulties and would like to discuss your personal circumstances with an adviser please email hardship@abdn.ac.uk. Student Support can provide advice about student loans, loans from other sources, budgeting and financial assistance for students. They can also help you to make contact with your funding body if you are having issues.  We can signpost you to other services who can assist you with money advice.

For advice on coping with the rising cost of living, see our Cost of Living page.

Financial Assistance (UK Students)

Application deadline is 5pm Monday 12 December 2022.  

If you are a registered student and receive a student loan from a UK funding body, we have Discretionary Funding which may be able to assist you if you are in financial hardship. 

In recent years we received additional funds from the Scottish Government to support students financially impacted by Covid-19. However, from August 2022 we will no longer have access to any additional funding for this purpose, and therefore applications will be assessed based on unexpected and/or exceptional financial circumstances. Please ensure when applying that you provide comprehensive information about your circumstances and why you are in hardship.  Please note that the funds available are more limited than in previous years.

If you receive an award this will be a one off award to help support you for a short period of time but you can apply again if your circumstances do not improve.  We cannot guarantee that further applications will be awarded but we do encourage you to contact us to discuss your circumstances with an adviser if they are ongoing. 

Please note that awards may be awarded in food vouchers or digital equipment, and depending on your circumstances it may not always be an award made directly to your bank account.

There are no hardship funds to assist with the cost of tuition fees which are an expected cost of study.

To apply, please submit a Discretionary Application Form and return by email to hardship@abdn.ac.uk along with all the relevant evidence

Along with your signed Application form you must submit the following evidence:

  • Your award letter from your funding body, i.e. SAAS/SFE/SFW/SFNI 
  • Student loan payment breakdown letter
  • Evidence of mortgage/rent agreement
  • 1 months bank statement of ALL bank accounts including savings, ISA, Paypal etc., please ensure that these contain full account information.  Please note that the assessment team may request to ask for more evidence, especially if a previous award has been made.
  • Any other documentary evidence to support your application eg credit card statements, utility bills, evidence of rent arrears or overdue bills etc
  • If you have included your partner on your application, you are required to submit 1 months bank statement of all their bank accounts.

We can accept documents in the following formats; PDF, JPEG, PNG, Word.  If sending images please ensure that these are clearly labelled.

Please ensure that you complete the online Student Bank Details Form. Your details must be on the University of Aberdeen’s Finance System before your application can be processed. If you change your bank account you must update your new details online to make sure payments go directly into your new bank account.

If your application is received with all of the requested evidence, you should receive an outcome within 5-10 working days. This process can take longer when additional evidence is requested by the assessment team. Please note that the assessment team may ask for further evidence at their discretion, particularly for repeat applications or when the evidence supplied is unclear.  They may also ask for evidence on how a previous award was spent.

International Students' Emergency Fund

Application deadline is 5pm Monday 12 December 2022.  

Please note that there is no Covid discretionary funding for International Students for the 2022/23 academic year.

However, if you are an international student and you are struggling financially due to unforeseen or unexpected circumstances you can apply to the 'Emergency Fund'.

If you receive an award this will be a one-off award to help support you for a short period of time.  If your circumstances do not improve, we encourage you to contact us to discuss your circumstances.  Please email hardship@abdn.ac.uk to arrange an appointment.  We cannot guarantee that further applications will be successful.

There are no hardship funds to assist with the cost of tuition fees which are an expected cost of study.

To apply, please submit a Emergency Application Form and return by email to hardship@abdn.ac.uk along with all the relevant evidence.  Whilst you will not be eligible for discretionary funding, this form captures the information we require about your circumstances and will allow us to assess your application using the funds we do have for International students. 

Along with your signed Application form you must submit the following evidence:

  • Evidence of any student funding you receive (if applicable)
  • Evidence of mortgage/rent agreement
  • 1 months bank statements of ALL bank accounts including overseas accounts, savings etc
  • Any other documentary evidence to support your application eg credit card statements, utility bills, evidence of rent arrears or overdue bills etc
  • If you have included your partner on your application, you are required to submit 1 months bank statements of all their bank accounts.

We can accept documents in the following formats; PDF, JPEG, PNG, Word.  If sending images please ensure that these are clearly labelled.

Please ensure that you complete the online Student Bank Details Form. Your details have to be on the University of Aberdeen’s Finance System before your application can be processed. If you change your bank account you must update your new details online to make sure payments go directly into your new bank account.

If your application is received with all of the requested evidence, you should receive an outcome within 5-10 working days. This process can take longer when additional evidence is requested by the assessment team. Please note that the assessment team may ask for further evidence at their discretion, particularly for repeat applications or when the evidence supplied is unclear.  They may also ask for evidence on how a previous award was spent.

Emergency Financial Assistance

If you are experiencing a financial emergency, please email hardship@abdn.ac.uk and ask to speak with a Student Support Adviser. They can provide advice about how to manage your finances and in some cases may be able to provide a short-term loan or food vouchers for those in extreme, unexpected, financial circumstances.

Childcare Fund

Application deadline is 5pm Monday 12 December 2022.  

The Childcare Fund provides assistance with the formal childcare expenses for dependant children.  Formal childcare includes registered childminders, after-school clubs, and providers of day care and education.

Am I eligible to apply to the Childcare Fund?

If you wish to apply please read the Childcare Fund Guidelines, complete the Childcare Fund Application form and email along with your evidence to hardship@abdn.ac.uk.  

If you have any queries please read our FAQs.  If your query is not listed please email hardship@abdn.ac.uk.

Please note that the childcare fund can assist with costs during term-time only.

 

Digital Poverty Fund

If you are a registered student and receive a student loan from a UK funding body, we have a Digital Poverty Fund which may be able to assist you with loan equipment such as a laptop, or WiFi equipment, if you are in financial hardship.

If you feel like this is something that might help you, and you meet the criteria, please submit a Discretionary Application Form and return by email to hardship@abdn.ac.uk along with all of the relevant evidence

John Robb Bursary

The John Robb Bursary is a specific grant available to students at Aberdeen University with a connection to Aberdeen. These grants are awarded from Aberdeen Endowments Trust and can be applied for at any stage of the course and are available for undergraduate and postgraduate study. Recent grants have been for £500 per year with continuation provided there is satisfactory progress made by the student. 

Please carefully read the criteria and ensure you complete the full form with all requested information.  Once complete please submit your application to hello@aet1909.org.  

Applicants will be contacted directly by the trust administrators, and will receive a cheque in the post if successful.

Advice for New Students

New students are advised to ensure that they have applied for their student finance by the date stipulated by their funding provider, i.e., SAAS or Student Finance England.

Please be aware that the payment of student finance is dependent on completion of registration. If not fully registered by the required date, there can often be delays in receiving the first payment. With this in mind, we recommend that all new students arrive with enough money to cover their living expenses for the first month at University.

Fees and Funding Opportunities

Please visit the Fees and Funding section of our website which provides information about tuition fee payments, bursaries and scholarships.

Budgeting & Money Saving

Coming to university can be a big change, and for many it’s the first time managing your own money. This might seem daunting, but don’t worry, there are plenty of ways to control your spending and even save money while at uni!

Discounts/freebies

  • Use your status as a student to sign up for student discounts, deals and freebies.  Have a read of the Autumn/Winter 2022 Student Money Matters magazine for the most up to date information.
  • Get loyalty cards for your favourite shops: not only can you accumulate points, but you also might be entitled to further discounts
  • Sign up for free trial periods - just remember to cancel before the time is up!

Budget

  • Keep track of your spending with the personal budget planner. Everyone’s income and expenditures and financial priorities will be a little different so make sure you figure out what’s best for you!

Bank Accounts

  • Choose your bank account wisely. Never assume that your interest rates stay the same, banks can change the interest rate at any time
  • Do not get a bank account with a daily fee – if your account currently charges a daily fee, change account!

Transport

  • If you are under the age of 22, sign up for a free bus pass to save money on travel  
  • Get a free bike from BeCycle

Food

  • Arrange potlucks with your friends/flatmates to keep the cost of making a full meal down
  • Bored of your leftovers? Don’t buy expensive lunches, arrange to swap leftovers with your friends for varied meals at a low cost
  • Shop online to minimise the risk of straying from your grocery list and buying unnecessary items

 

Scams

Protect yourself against scams

A scam is a fraudulent scheme performed by a dishonest individual, group, or company to obtain money or something else of value. 

Scammers may think you are an easy target because you are away from home, family, and friends. You may be unfamiliar with local laws or not know where to go for help and advice.

Scams are now very sophisticated using impersonation techniques, stolen data, or personal details from social media to make you believe what they say is genuine.   The University is aware of sophisticated schemes which offer to pay tuition fees for students at a reduced rate. These should not be trusted.  Please pay tuition fees directly to the University.

Please have a look at the Student Safety Guide and watch the following video provided by Police Scotland.

If you have concerns that you may have been targeted, and you wish to speak to someone, please email student.support@abdn.ac.uk or contact Police Scotland.