 On a competitive basis, Principal's Excellence Scholarships worth £3,000 a year are given to students who achieve AAA+ and have applied to study Maths, Physics, Modern Languages or European Studies at Royal Holloway from September 2015.Other bursaries and scholarships are also offered to students, including bursaries of £1,750 per year for undergraduate students with a family income less than £25,000.In the Research Assessment Exercise (RAE) of 2008, Royal Holloway's School of Biological Sciences was ranked joint third achieving a proportion of 4* and 5* rankings.