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    I applied for maintenance loan and realise there is a interest involved. Can I just pay the whole maintenance loan during university to avoid interest?
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    (Original post by sakuraton)
    I applied for maintenance loan and realise there is a interest involved. Can I just pay the whole maintenance loan during university to avoid interest?
    Why bother taking the loan out if you are just paying it straight back, i think the interest accures straight away rather than upon graduation.
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    I thought there was no interest like tuition fee and the application was sent and confirmed. And anyway, they be giving me limited money each term. It is a one way to save money I guess.
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    I will just remember not apply for maintenance loan next year hehe
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    (Original post by sakuraton)
    I thought there was no interest like tuition fee and the application was sent and confirmed. And anyway, they be giving me limited money each term. It is a one way to save money I guess.
    The interest charged on the tuition loan and the maintenance loan is the same

    http://www.thestudentroom.co.uk/cont...t-loan-2015-16 lists the interest rates
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    I see, okay. I don't know why I think that tuition fee don't have interest! Well okay, thank you for your help!
 
 
 
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