As ‘A’ level and Higher results are announced and students start to think about the term ahead, Santander Universities is offering 200 UK students a chance to receive a grant worth £500. Both undergraduates and postgraduates can apply for the grant1, which can be used towards living expenses or to purchase a variety of resources directly from Santander Aspire webstore, including laptops, printers, internet data and much more.  

Students can apply by registering on the Santander Scholarship Platform and enrolling into the prize draw. The deadline for applicants is 11pm on the 31 October 2022.  

Santander is committed to supporting students on their education journey and has been the number one student current account provider by market share2 since 2013. Last year over two in five new student current accounts were opened with the Bank.  

Santander’s 1I2I3 Student Current Account comes with a free four-year Santander 16-25 Railcard providing students and apprentices (levels four to seven) a third off standard rail fares across Great Britain, saving an average of £636 over the course of the four-year Railcard3

All students can apply for the account online regardless of their year of study. In addition to the four-year Railcard, the Santander account offers:  

  • A guaranteed overdraft for customers accepted for the account. An interest-free arranged overdraft of £1,500 in the first three years of study, £1,800 in the fourth year and £2,000 in the fifth year (if students continue with their studies); 
  • Cashback of up to 15% on debit card spending at selected retailers through Retailer Offers4, with welcome offers including Virgin Experience Days and discounts on theatre tickets; 
  • Access to exclusive 1I2I3 World benefits including preferential deals on other financial products.5  

The account is quick and easy to open online and delivers banking on the go with online and mobile banking. Students will also receive a contactless debit card and access to Apple Pay, Android Pay and Samsung Pay. 

For more information, visit 

 - Ends - 


The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions. 


Editor’s notes: 

1)    Full eligibility terms and conditions can be found here:  

2)    Based on volume of new account openings using CACI’s Current Account and Savings Database. Santander had a 41% Market Share of new student accounts in 2021, making it the largest provider of student accounts according to data from CACI. 

3)     Average savings made by 16-25 Railcard holders between April 2021 and March 2022, excluding price of Railcard multiplied by four years is £636. 

4)     More detail on Retailer Offers can be found here. Welcome Offers through Retailer Offers are available to new-to-bank customers only.  

5)     Detail on what offers 1|2|3 World customers can receive here.  

6)     Terms and conditions apply. Please visit