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Student loan interest??Help??

A £9250 tuition fee loan plus £7000 for maintainence a year. Is it worth all the hassle including the fact both include interest?

Reply 1

Retired_Messiah

It's literally the most relaxed loan you can ever get. You don't get chased and money only goes towards it when you're earning over certain amount. If you're getting a student loan get as much money as you can. The interest doesn't make much difference when you're paying for it for years of your life anyway.

Reply 2

Tiger Rag

Original post by PurelyDanAnwar

A £9250 tuition fee loan plus £7000 for maintainence a year. Is it worth all the hassle including the fact both include interest?

Moved to Student Financial Support

Reply 3

Klix88

Original post by PurelyDanAnwar

A £9250 tuition fee loan plus £7000 for maintainence a year. Is it worth all the hassle including the fact both include interest?

If you already have the cash, then no, it's not worth taking the loan.

If you can't afford uni any other way, then you have to.

It's more practicality than "hassle".