Year 12s: what will be the first way you research your future options? >>

For 2012 entry, can I pay uni fees upfront if I want to?

This is a hypothetical question. I've been searching the internet for the past hour trying to find the answer to no avail.
Do I have to get a loan with the student loans company and pay off my tuition through taxation, or can I pay it all off upfront if I want to? (Not that I could afford it; I'm just curious)
Is it possible to pay some of it upfront if I wish? Say, a couple of grand of it, and then get a student loan for the rest?

Thanks.

Reply 1

Huskaris

i dont think you can pay for a portion of ir but you can pay for all of it. My uni enabled people to pay in two instalments which was nice

Reply 2

hothedgehog

To be honest, you're best off just taking your loan out fully for tuition and putting the savings you have into a good rate savings account. You will probably need it at some point in your degree and if not then you can use it to pay off your loan at the end of it. I wouldn't advise trying to pay off your loan early though as it's quite likely that you could end up in a situation where you don't actually need to pay it all off before it gets to the period when it can be cancelled.

Edit: don't know why the neg rep - it's true and good advice.

(edited 12 years ago)

Quick Reply

Latest

Articles for you

Postgraduate Loan Repayment

Student loan repayments

Highest-ranked universities in Clearing 2023

Postgraduate Master’s Loan Repayment

For 2012 entry, can I pay uni fees upfront if I want to?

Quick Reply

Related discussions

Latest

Trending

Trending

Articles for you