Original post by sakuraton
I applied for maintenance loan and realise there is a interest involved. Can I just pay the whole maintenance loan during university to avoid interest?
Why bother taking the loan out if you are just paying it straight back, i think the interest accures straight away rather than upon graduation.
(edited 7 years ago)
Original post by sakuraton
I thought there was no interest like tuition fee and the application was sent and confirmed. And anyway, they be giving me limited money each term. It is a one way to save money I guess. 
The interest charged on the tuition loan and the maintenance loan is the same
http://www.thestudentroom.co.uk/content.php?r=5967-Repaying-your-student-loan-2015-16 lists the interest rates
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