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Withdrawing from uni course before starting it - student loan?! watch

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    Hey,

    I've just decided to decline the offer I had accepted from Reading and take a year out to reapply to Oxford. However, all my loan stuff is sorted out, so do I just phone them and get them to cancel the loan or what?! Does this happen very often, has anyone on here ever been in this position?

    Any help would be greatly appreciated!
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    (Original post by PQ)
    You can phone them, it'd be polite to and wil probably prevent any confusion when you apply again next year...but even if you don't you can't pick up your loan etc without turning up to uni - uni's either contact the SLC to say you've arrived and then the SLC sends the money into your account or you pick up a loan cheque when you register at uni - so either way you can't end up with the money unless you actually go.
    Ah, ok - thanks! I won't have to pay anything, right? Also, do I phone the SLC or my LEA?
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    (Original post by PQ)
    Has your application been processed? If so you'll probably need to ring both - the SLC for your loan and the LEA for your tuition fees (even if you're not getting any help with tuition fees it's better if they know that you wont be going this year so they don't get confused next year)
    Yeah, it's all been processed and approved, so I'll ring both. Is there any deadline?
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    (Original post by PQ)
    Nope - like I say even if you didn't tell them at all you wopuldn't get the money...but if you tell them well in advance of registration day at your (ex)uni then you should help prevent them getting confused
    Ok, thanks very much for your help!
 
 
 
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