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    Hi - I was wondering whether it was wise to take the full maintenance loan? I'll be living at home (I'm eligible for a max of £7,097) and the uni I'm planning on going to (just need to get the grades) gives a very generous bursary of £5,000 a year so I don't know if it's worth me taking out the full maintenance loan and having to repay it with interest? How much of it would you advise that I take or should I just take the full loan since I've heard that this is one for the best deals on a loan I'll ever get?? Thank you - any advice would be much apppreciated!
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    (Original post by bluegirl64)
    Hi - I was wondering whether it was wise to take the full maintenance loan? I'll be living at home (I'm eligible for a max of £7,097) and the uni I'm planning on going to (just need to get the grades) gives a very generous bursary of £5,000 a year so I don't know if it's worth me taking out the full maintenance loan and having to repay it with interest? How much of it would you advise that I take or should I just take the full loan since I've heard that this is one for the best deals on a loan I'll ever get?? Thank you - any advice would be much apppreciated!
    I d suggest taking it for the first term and if you feel you don't need so much you can reduce it the next term
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    Hi

    We are unable to advise you what to do however if you decide you no longer require the loan this can be cancelled.

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