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    I have a £3000 maintenance loan which I really dont need seeing as I work and also live with my parents who dont want to take any money as rent (i have offered). I logged into student finance but I cant see where to stop getting more payments, I have had 1 payment of ~£1000 so far (started in October). Also, would i need to pay a bit more in interest?

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    (Original post by BenGeorge)
    I have a £3000 maintenance loan which I really dont need seeing as I work and also live with my parents who dont want to take any money as rent (i have offered). I logged into student finance but I cant see where to stop getting more payments, I have had 1 payment of ~£1000 so far (started in October). Also, would i need to pay a bit more in interest?

    Thanks
    Phone Student Finance and they'll explain what to do in order to cancel future Maintenance Loan payments (make it clear that you want to continue getting the Tuition Fee Loan).

    The interest on your loans is charged from the first day you get them. So yes, interest on the £1000 you've had so far will continue to build up.
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    (Original post by BenGeorge)
    I have a £3000 maintenance loan which I really dont need seeing as I work and also live with my parents who dont want to take any money as rent (i have offered). I logged into student finance but I cant see where to stop getting more payments, I have had 1 payment of ~£1000 so far (started in October). Also, would i need to pay a bit more in interest?

    Thanks
    You would need to complete a "Maintenance Loan Request Form" and put how much maintenance loan you now want.

    You can get this either by calling up and getting it posted to you or go into your online account and try amend your maintenance loan and it will give you a link to the form.

    Cheers
 
 
 
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