If you drop out of Uni, do you still have to pay the money back? If so, how much?

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  1. denislaw's Avatar
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    Re: If you drop out of Uni, do you still have to pay the money back? If so, how much?
    (Original post by nessalou)
    what about if yoiu drop out in the first month, you shouldnt have to pay the whole tuition fee should you? surely you get some back?
    The uni are quite within their rights to charge you and why shouldn't they. You leaving leaves them short of a year's income if you can get off paying.
    Last edited by denislaw; 29-09-2011 at 22:56.
  2. MoonGazer's Avatar
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    Re: If you drop out of Uni, do you still have to pay the money back? If so, how much?
    As denislaw has said - I dropped out about 4 months into my second year and they charged my for a whole half a year's worth (which is maybe 10 or so months long, depending on the course as some may start or break up later or earlier than others), even though I was there for half a year, maybe a bit less.
  3. Dude6230's Avatar
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    Re: If you drop out of Uni, do you still have to pay the money back? If so, how much?
    (Original post by MoonGazer)
    You may also have to pay back your tuition fees to the uni as well. If you quit before a certain time, as I did, then slc will not pay for them, so the burden of paying the tuition fees becomes your own and they would probably want it being paid back immediately. I dropped out of my 2nd year about half way through it and have had to pay back half a year's worth of fees (£1645). That will not be based upon your income and they will pester you about it until you set up some kind of monthly instalment thing with them. I also had to payback some grant that slc had accidentally over-calculated me on when I withdrew - though how that happened exactly is beyond me as it happened after I'd told them I had dropped out. Again, they were the same way as the uni were with wanting their money back.
    How did you manage to do that, as I'm 2 months into my 2nd year and wanna drop out(to go to another uni).

    Thanks
  4. MoonGazer's Avatar
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    Re: If you drop out of Uni, do you still have to pay the money back? If so, how much?
    How did I manage to do what, exactly? Pay it back? My boyfriend's mother is lending me money to pay them back in monthly instalments lasting 6 months, otherwise I'd be in a lot of trouble.
  5. harmonykiwi's Avatar
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    Re: If you drop out of Uni, do you still have to pay the money back? If so, how much?
    Are you talking about tuition fees here or student loan? You should probably wait until the end of the year to drop out if they are going to charge you otherwise.

    If you drop out at the end of a year, do you have to pay your student loan back immediately or do they wait until you have a good wage like they do if you actually graduate?
  6. MoonGazer's Avatar
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    Re: If you drop out of Uni, do you still have to pay the money back? If so, how much?
    I personally never had to pay any of my loan back immediately when I dropped out as I think it just got added to the rest of my overall slc debt that I'll start paying back when I'm earning enough - I only had to pay some tuition fees to my uni and the grant overpayment that slc gave me.
  7. Starlights23's Avatar
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    Re: If you drop out of Uni, do you still have to pay the money back? If so, how much?
    Actually this would depend on your reasons for leaving. You have to pay for the full year even if you left in the first month of it simply cause uni's are a business primarily over an educational facility. Did you get a loan to cover the fees and if so, were their any mental health issues present while you were on the course/was that or a particular life crisis the reason you left your degree?
    Last edited by Starlights23; 15-12-2011 at 06:12.
  8. Dude6230's Avatar
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    Re: If you drop out of Uni, do you still have to pay the money back? If so, how much?
    (Original post by MoonGazer)
    How did I manage to do what, exactly? Pay it back? My boyfriend's mother is lending me money to pay them back in monthly instalments lasting 6 months, otherwise I'd be in a lot of trouble.
    Yes, pay back the tuition fee and grant. I live at home so I didn't need the loan...How much did you have to pay back(monthly) and how long did you wait to drop out of uni? (weeks, months, days etc) Also, did you drop out and move to another uni or do something else.

    One other thing, I've been at the uni for 2 months, still in 1st term, would I have to pay back half or the full amount of the tuition fee? Plus, do I have to pay back the grant in monthly installments too?
    I thought I didn't have to pay back the grant(from student finance):confused:
  9. MoonGazer's Avatar
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    Re: If you drop out of Uni, do you still have to pay the money back? If so, how much?
    My boyfriend had at the time recently inherited a lot of money, I had to pay back like £400 or something overpaid grant so SFE which he lent me the money to pay off and until sometimes in February I think, with his mother's help, I am currently paying the Uni back £265 a month. I dropped out a few months into my 2nd year - I didn't go to another uni, I was already working 2 part time jobs and I couldn't do both working and studying at once - it was so stressful and exhausting.

    The grant is given to you to cover a certain period of time, so if you drop out and you haven't been there for that whole period of time, it would be considered an overpayment because they've paid you money for a period of study which you're no longer going to be there for the whole of.

    As for the tuition fee, it's up to your uni, they could charge you the whole amount or they might be nice and only make you pay back some of it. If you can't pay the grant back in one go, your only other option is to pay it back to them in a negotiated monthly instalment, or they might try and take you to court/chase you down with debt collection agencies to try and get the money paid back to them and the same applies with if you cna't pay back your tuition fees, if they charge you any.
  10. Dude6230's Avatar
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    Re: If you drop out of Uni, do you still have to pay the money back? If so, how much?
    (Original post by MoonGazer)
    My boyfriend had at the time recently inherited a lot of money, I had to pay back like £400 or something overpaid grant so SFE which he lent me the money to pay off and until sometimes in February I think, with his mother's help, I am currently paying the Uni back £265 a month. I dropped out a few months into my 2nd year - I didn't go to another uni, I was already working 2 part time jobs and I couldn't do both working and studying at once - it was so stressful and exhausting.

    The grant is given to you to cover a certain period of time, so if you drop out and you haven't been there for that whole period of time, it would be considered an overpayment because they've paid you money for a period of study which you're no longer going to be there for the whole of.

    As for the tuition fee, it's up to your uni, they could charge you the whole amount or they might be nice and only make you pay back some of it. If you can't pay the grant back in one go, your only other option is to pay it back to them in a negotiated monthly instalment, or they might try and take you to court/chase you down with debt collection agencies to try and get the money paid back to them and the same applies with if you cna't pay back your tuition fees, if they charge you any.
    Ah OK, gotcha.
    Well OK, the grant I've received comes in 3 installments, I've received one part of the trio which is £965, I've spent most and the tuition fees hasn't been paid yet. (they're split into 2 parts; one in February and the other in April or May). If it's only the half amount I'd have to pay back as well as some of the grant it'll be about £2500...so I'm thinking carefully, I regret not leaving in the 1st year though, wouldn't have this hassle
    Thanks, do you think you will ever head back into uni? And hows your Christmas Hol going?
  11. MoonGazer's Avatar
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    Re: If you drop out of Uni, do you still have to pay the money back? If so, how much?
    I've been very busy working pretty much, so it hasn't really felt like the christmas holidays to me, lol. No, I don't think I ever will head back to uni. I just can't see a time in the near future where I'll feel fully able to deal with all that, especially if I was still having to work at the same time too. That wasn't the only reason why I left though - my course ended up being quite a disappointment to me. I had previously studied interactive media for 2 years (national diploma) and a lot of the stuff we learnt in the first year of the graphics design FdA in like illustrator, photoshop etc, I already knew - I swear that half my time in lessons was spent helping other students who didn't already have my several years knowledge of the programs we were using (which were more up to date than the ones I actually have at home) figuring out how to do simple things in them - ironically I actually quite liked doing that, moreso than the actual lesson at times, lol.

    Also in the end of the first term (around late november/december0 of the 2nd year I would have had to have done work experience for like 3 weeks or so which would have majorly clashed with both of my part time jobs. And whilst I had my grants etc, my parents weren't paying me anything for food etc (I live by myself in a small flat-type place which my dad owns and I pay him some rent for) and the trips we often went on were expensive, so I needed the money I was earning for essential stuff like food, transport to college/work etc.
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