Hey there! Sign in to join this conversationNew here? Join for free

Leaving one university after first year starting at a new one in september Watch

    • Thread Starter
    Offline

    0
    ReputationRep:
    Have left my university I attended in 13/14 after completing the first year, but I'm going to a new university starting all over again on a new course.

    I'm not sure what will happen to the loan I got, will I have to repay anything back?

    If so I can't afford to go university on September as they've decreased my loan from last year by 500£ and my rent is 1000£ more than what I get plus I'm still trying hard to pay off my overdraft last year got me..

    University is really turning out to be more hassle than what it's worth..
    Offline

    15
    ReputationRep:
    (Original post by Zyekanz)
    Have left my university I attended in 13/14 after completing the first year, but I'm going to a new university starting all over again on a new course.

    I'm not sure what will happen to the loan I got, will I have to repay anything back?

    If so I can't afford to go university on September as they've decreased my loan from last year by 500£ and my rent is 1000£ more than what I get plus I'm still trying hard to pay off my overdraft last year got me..

    University is really turning out to be more hassle than what it's worth..
    As you've completed your first year, your grants will not be repayable and your loans will be repayable under the standard terms i.e. As a percentage deduction from your earnings once they pass the repayment threshold.

    So you won't have anything to repay in the immediate future.
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    What newspaper do you read/prefer?
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.