Paying uni

Sorry if this is in the wrong forum.

Basically, I can pay upfront for my Uni fees - I havent applied for student finance. Do I need to tell my Uni that I am paying upfront, and if so, by when?

Thanks for any help

Sorry if this is in the wrong forum.

Basically, I can pay upfront for my Uni fees - I havent applied for student finance. Do I need to tell my Uni that I am paying upfront, and if so, by when?

Thanks for any help

You're actually highly likely to be financially better off in both the short and the long term if you do take out the student loan - this explains it much better than I can http://www.moneysavingexpert.com/students/should-i-get-student-loan

The uni will send you an invoice for the fees when they find that you won't be funded by Student Finance. Mine sent me my first year fee invoice in the August before I started and it arrived both via email and in the regular post. I didn't contact them proactively. You can pay before the start if the year if you want, but most will accept payment in the first couple of weeks. You can also pay in instalments at most unis.

But the interest starts as soon as I start Uni - I'd rather not have to pay back interest

Brilliant thank you

The repayments are based on how much you earn, not how much you owe or the interest rates. Many people will never earn enough to pay off the capital, let alone the interest.

Did you read the link I posted above?

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It's too late for me to apply for student finance anyway, so it's not an option for me any more, but thanks for the link.