[Jiraya Sama]

I was wondering, If my credit report was down the toilet so to speak, would I still be eligble for all the funding for university? the tuition loan, maintenance grant, maintenance loan and bursaries or would it be affected at all?

Thanks

[Shani]

Funding from Student Finance has nothing to do with any credit rating, so a bad credit rating will not affect any entitlement. The only time a bad credit rating may affect you as a student is when you apply for a student bank account and an overdraft.

[Jiraya Sama]

(Original post by Shani)
Funding from Student Finance has nothing to do with any credit rating, so a bad credit rating will not affect any entitlement. The only time a bad credit rating may affect you as a student is when you apply for a student bank account and an overdraft.

The overdraft, does at any time for a student overdraft become necessary? Besides being stuck with money for partying etc? I mean with necessities, if the funds do not cover something.

[Shani]

(Original post by Jiraya Sama)
The overdraft, does at any time for a student overdraft become necessary? Besides being stuck with money for partying etc? I mean with necessities, if the funds do not cover something.

That's up to your own personal circumstances. Some students can live without them, some can't. It would depend on a number of things for example how much you get from student finance, whether you have any parental contribution, whether you have a part time job or how good you are at budgeting with the money you do have.