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When is the right time to withdraw from University to maximize financial situation watch

    • Thread Starter

    Hi there

    Pretty much, I'm planning on switching university next academic year, I've received my offer at the new institution and I've sorted out my accommodation there also.

    But Ill need to withdraw from my current university. Just wondered when would be the right time to do so?

    As I'm quite dependent on the final upcoming maintenance loan and grant payments in order to make sure I'm not in some sort financial crisis as I've had to pay the summer retainer on accommodation for the next academic year and the deposit payment will be required soon after.

    My question is when would be the right time to withdraw. (if there is a right time) from my current university. In order to maximize my short to mid-term financial situation

    I just want to make sure that I don't risk having to repay any of the grant and loan money I received from this year immediately and instead add it on to the repayments Ill have to make when I finish my course at the new institution.

    I understand that with this plan Ill end up having to pay off a larger loan in the long term, But my short to mid term financial situation is having to take priority

    That was a bit of a mouthful but any help here would be excellent

    Thanks for reading
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