When to take a student loan out

Discussion and questions about student financial support arrangements - from government loans and grants to university bursaries. Please use the main Money & Finance forum for more general financial topics.

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  1. Emmi95's Avatar
    • New Member
    • Posts: 10
    When to take a student loan out
    At what time during the year do i need to apply for a student loan and what are the best places to apply to one i am hoping to study at Glasgow university which would involve moving a good 5/6 hours away from home. with £9,000 a year fees for the course and more for books and accommodation and living arrangements how and when do i need to apply for a loan i know i have to apply to the university's anytime after the 1st September 2012 and 15th October 2012 for my course and because it's 5 years it will be around £90,000 at the end of university so would i need to take one out each year for a set amount or would i take out a £90,000 loan out at once?

  2. duracell's Avatar
    • Benevolent Member
    • Location: Walesland/Scotland
    • Posts: 739
    Are you starting Autumn 2012 or Autumn 2013? If the first, NOW is the best time to apply to Student Finance for a loan. You will apply for just the first year and then reapply for each following year.


    This was posted from The Student Room's iPhone/iPad App
  3. Emmi95's Avatar
    • New Member
    • Posts: 10
    Re: When to take a student loan out
    i am starting university in the autum of 2013 next year
  4. OSharp's Avatar
    • Benevolent Member
    • Posts: 809
    Re: When to take a student loan out
    Unless I have missed the point entirely.

    You can take a loan out through student finance (assuming you are a uk resident) this will cover your tution fees and provide a means tested maintenance sum that is part grant part loan.

    http://www.studentfinance.direct.gov..._schema=PORTAL

    This is the english site but the scotting equivalent should be just a google search away.

    Enjoy filling out the paperwork, the online system is crap.

    The applications dont open for a while yet though so dont panic, they will close pretty much end of may next year
  5. Emmi95's Avatar
    • New Member
    • Posts: 10
    Re: When to take a student loan out
    if i am a english student do i apply to an English or Scottish student loan ?
  6. kpwxx's Avatar
    • Vengeful, Imperial Overlord of The Student Room
    • Posts: 4,495
    (Original post by Emmi95)
    if i am a english student do i apply to an English or Scottish student loan ?
    English, with student finance England.

    Xxx

    posted from the TSR Android app
  7. Emmi95's Avatar
    • New Member
    • Posts: 10
    Re: When to take a student loan out
    does this apply even though i am hoping to go to Glasgow university in Scotland ?
  8. kpwxx's Avatar
    • Vengeful, Imperial Overlord of The Student Room
    • Posts: 4,495
    (Original post by Emmi95)
    does this apply even though i am hoping to go to Glasgow university in Scotland ?
    Yep, you always apply to the country you're from, not the one you're going to. There are different ones for Wales, Scotland, England and I presume Northern Ireland has one too though not sure?

    Xxx

    posted from the TSR Android app
  9. Emmi95's Avatar
    • New Member
    • Posts: 10
    Re: When to take a student loan out
    thank you
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