If you’re about to start at college or university, the types of financial help you can get depends on the course you study, where you live while you are studying and your individual circumstances.

Student loans are low-interest loans authorised by the government. If you’re a Scottish student seeking to study full time in Scotland, you won’t have to pay tuition fees on your first degree, or equivalent.

Students may also be eligible to apply for an income assessed bursary and student loan to help with living costs from the Student Awards Agency Scotland.

Scottish students wishing to study outwith Scotland can apply for a non-income-assessed loan of up to £9,000 a year towards the cost of their tuition fees.

Once you graduate and get out into the real world with a degree under your belt, you’ll have a few things you’ll need to think about.

While you can look forward to finding and starting your dream job, you’ll need to start thinking seriously about setting and sticking to a new monthly budget to reflect your new circumstances.

You’ll also need to begin paying back your student loans. If you study in Scotland, you start repay your loan from the April following the date you graduate or leave your course.

For students finishing their courses after April 2015, you will be expected to pay 9% of anything you earn over £17,335 before tax per year. This figure rises to £17,495 from April 2016.

Your loans are repaid automatically through the tax system, and stop once you’ve paid off your outstanding student loan balance.

If you need any more information, consult one of the following organisations.