Can you explain to me what it is? I have no idea what it's about :/
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Maintenance loan watch
- Thread Starter
- 23-09-2014 19:37
- Specialist Advisor
- 25-09-2014 09:59
A Maintenance Loan can help with your living costs, such as rent and books, while you study. It’s paid into your bank account in three instalments throughout the academic year.
The amount you can get depends on your household income and where you live and study. The basic rate of Maintenance Loan (65% of the maximum rate) doesn’t depend on your household income but the remaining 35% does.
You have to pay it back but not until you finish or leave your course and your income is over £21,000 a year.
For more information about Maintenance Loans, including how much you could get, visit our student finance zone. You’ll also find information on Tuition Fee Loans, Maintenance Grants and extra help, such as Disabled Students’ Allowances and Dependants’ Grants.