Results are out! Find what you need...fast. Get quick advice or join the chat
x

Unlock these great extras with your FREE membership

  • One-on-one advice about results day and Clearing
  • Free access to our personal statement wizard
  • Customise TSR to suit how you want to use it

Leaving university, how to explain to Student Finance?

This thread is sponsored by:
Announcements Posted on
Rate your uni — help us build a league table based on real student views 19-08-2015
  1. Offline

    ReputationRep:
    Hello all - sorry if this topic has been covered.

    I'm in my first year of university and I've decided I'm going to leave. I've taken student loans etc... How does it work with them?

    Once I get a job over 15k per year, will they automatically take what is owed to them? Also, do I even have to tell them I have left, because surely if I just do not sign the Student Declaration for my second year, they will simply assume I've quit?

    Any answers will be appreciated! Thanks!
  2. Offline

    ReputationRep:
    You will need to tell them you've left, as if you decide in later years that you want to return to university it could complicate matters hugely.

    If there are any overpayments in your funding (as it's the end of a semester there isn't likely to be much, if any at all) it will become immediately repayable, and SF will usually work out a payment plan for a set X amount per month. The rest will be taken on the normal terms (earning over 15k etc).

Reply

Submit reply

Register

Thanks for posting! You just need to create an account in order to submit the post
  1. this can't be left blank
    that username has been taken, please choose another Forgotten your password?
  2. this can't be left blank
    this email is already registered. Forgotten your password?
  3. this can't be left blank

    6 characters or longer with both numbers and letters is safer

  4. this can't be left empty
    your full birthday is required
  1. By joining you agree to our Ts and Cs, privacy policy and site rules

  2. Slide to join now Processing…

Updated: March 30, 2012
TSR Support Team

We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

New on TSR

Rate your uni

Help build a new league table

Poll
How do you read?
Quick reply
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.