Turn on thread page Beta
    • Thread Starter
    Offline

    11
    ReputationRep:
    If I was to drop out of university in the second month of the first semester would I have to pay back all of the first lot of the maintenance loan I was given immediately or will I pay back the same as if I dropped out at the end of the year i.e. as in when I start earning over 21,000 etc. ? Thanks
    • Very Important Poster
    • PS Reviewer
    • Clearing and Applications Advisor
    Offline

    21
    ReputationRep:
    Very Important Poster
    PS Reviewer
    Clearing and Applications Advisor
    (Original post by MedievalWitch)
    If I was to drop out of university in the second month of the first semester would I have to pay back all of the first lot of the maintenance loan I was given immediately or will I pay back the same as if I dropped out at the end of the year i.e. as in when I start earning over 21,000 etc. ? Thanks
    It will be a mixture.

    SFE will ask for immediate payment of any "overpayment" of maintenance - so your maintenance payment was to cover between the first and second payment dates on your payment schedule. If you drop out partway through then you have to return the money for the period between the date of withdrawal and your next payment date. That would be around 2/3 of your maintenance loan.

    The remainder that wasn't overpaid will be treated like a standard student loan for repayment in the April after you finish when you're earning over £21k.
 
 
 
The home of Results and Clearing

1,001

people online now

1,567,000

students helped last year

University open days

  1. Sheffield Hallam University
    City Campus Undergraduate
    Tue, 21 Aug '18
  2. Bournemouth University
    Clearing Open Day Undergraduate
    Wed, 22 Aug '18
  3. University of Buckingham
    Postgraduate Open Evening Postgraduate
    Thu, 23 Aug '18
Poll
A-level students - how do you feel about your results?
Useful resources

Groups associated with this forum:

View associated groups

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

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