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    hi, i am currently in my first year at university and am wanting to drop out. its my 4th week of being here (not including freshers) and aren't enjoying my course. i have spoke to student support at my university and they have told me i have to pay 25% of my years fees and the give 8 week notice on accommodation. I have been given a maintenance loan for the year but i am obviously dropping out so what happens with that? do i have to pay it back out of my own money? can i do this when i start earning over a certain amount? also do i only get given my first instalment or does the fund carry on for the year? lastly, if i reapply to university next year will i be allowed to get reapply for all funds?

    thank you
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    (Original post by LGelvin)
    hi, i am currently in my first year at university and am wanting to drop out. its my 4th week of being here (not including freshers) and aren't enjoying my course. i have spoke to student support at my university and they have told me i have to pay 25% of my years fees and the give 8 week notice on accommodation. I have been given a maintenance loan for the year but i am obviously dropping out so what happens with that? do i have to pay it back out of my own money? can i do this when i start earning over a certain amount? also do i only get given my first instalment or does the fund carry on for the year? lastly, if i reapply to university next year will i be allowed to get reapply for all funds?

    thank you
    You would be expected to pay back the loan minus an amount for the 4 weeks you were there, unlike in normal circumstances you would be expected to pay it back as soon as possible, and if you can't pay that amount back before next year i think they usually take it off next years entitlement. You'll only get your first entitlement.
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    (Original post by LGelvin)
    hi, i am currently in my first year at university and am wanting to drop out. its my 4th week of being here (not including freshers) and aren't enjoying my course. i have spoke to student support at my university and they have told me i have to pay 25% of my years fees and the give 8 week notice on accommodation. I have been given a maintenance loan for the year but i am obviously dropping out so what happens with that? do i have to pay it back out of my own money? can i do this when i start earning over a certain amount? also do i only get given my first instalment or does the fund carry on for the year? lastly, if i reapply to university next year will i be allowed to get reapply for all funds?

    thank you
    Hi LGelvin,

    If you withdraw from your course, your university will advise us of the withdrawal and date last attended electronically. The remainder of your payments will stop.

    Where initially you were assessed from September to September, and that entitlement split into three almost equal instalments.

    You will now be reassessed up until the the last day that you attended and send you a new entitlement letter.

    We will then look at the payments that you have already received

    You can be confident that the loan that you were entitled to, for the length of time that you were there, you do not become eligible to repay until the April following your withdrawal and only then when earning over the threshold.

    If you have received more than you were actually entitled to, you will receive a letter advising of any overpayments.

    Any amount of loan or grants that you were overpaid, would become repayable immediately, there will be a telephone number on the letter to call and make arrangements to repay.

    Thanks Rona
 
 
 

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