Hi. I am unfortunately withdrawing from my masters course and wondered what the consequences would be regarding my £10,000 postgraduate loan. I understand I will not be eligible for another one, however I'm wondering if I would have to pay back the portion I have already received. I have only had one installment so far in September which I used to pay the first installment of tuition fees and living expenses. The university say I have to pay 50% of the full tuition fees, meaning I have to pay them a further £700. I'm assuming I will need to pay this out of my own pocket as I will not be eligible to receive any more of my loan, but I just don't want to have to pay the £3000+ back that I've already had :/ Does anyone know?
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Postgraduate loan - withdrawing from course watch
- Thread Starter
- 22-01-2017 15:23
Offline2ReputationRep:Official TSR Representative
- Official TSR Representative
- 24-01-2017 14:45
The university should be informed and will send us an update for your application. If they are unable to do this you can send a CO1 form : https://www.gov.uk/postgraduate-loan/how-to-apply
You will not be able to get any further payments made out. Only if you have had compelling personal reasons as to why you have left the course, would you be able to reapply.