Scottish students will benefit from a £2,400 increase to their annual support package from the start of the 2024-25 academic year.
The new special support loan will mean that, per year, the main undergraduate funding package will rise to £11,400 and post-graduate to £13,900.
The uplift means funding support for the most vulnerable students is now in line with the student equivalent Living Wage.
Minister for Further and Higher Education Graeme Dey said:
“We know that financial stress can be a significant barrier to educational success so it’s vital that we provide this uplift for students, helping them through what are tough economic times.
