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When your maintenance loan goes into your bank account, how is it displayed? Watch

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    (Original post by jneill)
    No it's no problem for them. Do you have a Student Account? (It's not required but likely to be advantageous)

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    No I don't have a student account

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    (Original post by samzy21)
    No I don't have a student account

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    Check them out. Lots of benefits... Many people go with Santander.

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    It would be listed as being from student finance.
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    (Original post by jneill)
    Check them out. Lots of benefits... Many people go with Santander.

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    If I don't get a student account, will I have to pay interest or something?

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    (Original post by samzy21)
    If I don't get a student account, will I have to pay interest or something?

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    No. But you may *receive* more interest from a Student Account while it is in credit.

    You only ever pay interest if you are overdrawn, and even then it varies by bank.

    You need to do some googling...



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    (Original post by samzy21)
    like £?00.00 but won't it appear with a - if it has to be repaid?

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    Lol. It'll be repaid from your wages after university.

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    I think you're getting really confused here:
    Because it's paid from an external source, (ie, not the bank) it shows as credit. Therefore, it won't be a -£x.xx
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    I think you're right. I got confused with bank overdrafts and student loans. I get it now

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