The Graduate Endowment is a fixed amount that some graduates will have to pay at the end of their degree if they receive a degree or if they meet the requirements for an award. It applies to Scottish domiciled students and EU students who started their first full-time degree course at a Scottish institution on or after 1 August 2001. Students who returned to higher education in 2001-2002, or later, after a break in study of at least one academic year may also be liable. The Education (Graduate Endowment and Student Support) (Scotland) Act 2001 provides for the Graduate Endowment.
Students have to pay the Graduate Endowment in recognition of the higher education benefits they have received. The funds will go towards student support for future generations.
Although graduates do not pay the endowment until the April after they have completed their course, the amount to be paid is set at the beginning of their degree course. The fixed amounts are set when you start your course as follows.Session
Graduate Endowment Rate
The amount will increase by the rate of inflation for students starting in future years so the rate payable by students entering in 2007-2008 will be different.