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    Hi I completed a BSc in Psychology in June 2016. I then worked full time for a year and I'm now actually back at university again doing another BSc in Mental Health Nursing. The funding for nursing has changed so that they are entitled to exactly the same maintenance/tuition loans as everyone else doing regular degrees instead of NHS funding/bursaries etc. It's also recently changed so that if you hold a previous degree, you can study a degree in nursing as if it was your first degree so to say, so that you get all the same funding over again. This wouldn't be possible if you were doing another regular degree.

    My question is what will the circumstances be with repaying my loan? Will I have to repay both of my loans from both degrees at the same time as in pay 18% over anything I earn over 21K or will it stay at 9% as if I'd done one degree and I pay back one before the other?

    I'm struggling to find anything anywhere online that tells me this information. There's no information on the student finance website about this and when I rang them up they actually couldn't tell me. Everyone I speak to says different things and they are just generally a bunch of useless monkeys having paper fights in the office all day long if you ask me. I have had a lot of bad experiences with them and I still haven't received my loan for this year yet. Anyway, could anyone help me with this question? Thanks
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    (Original post by dougyb95)
    Hi I completed a BSc in Psychology in June 2016. I then worked full time for a year and I'm now actually back at university again doing another BSc in Mental Health Nursing. The funding for nursing has changed so that they are entitled to exactly the same maintenance/tuition loans as everyone else doing regular degrees instead of NHS funding/bursaries etc. It's also recently changed so that if you hold a previous degree, you can study a degree in nursing as if it was your first degree so to say, so that you get all the same funding over again. This wouldn't be possible if you were doing another regular degree.

    My question is what will the circumstances be with repaying my loan? Will I have to repay both of my loans from both degrees at the same time as in pay 18% over anything I earn over 21K or will it stay at 9% as if I'd done one degree and I pay back one before the other?

    I'm struggling to find anything anywhere online that tells me this information. There's no information on the student finance website about this and when I rang them up they actually couldn't tell me. Everyone I speak to says different things and they are just generally a bunch of useless monkeys having paper fights in the office all day long if you ask me. I have had a lot of bad experiences with them and I still haven't received my loan for this year yet. Anyway, could anyone help me with this question? Thanks
    Your loans will all be added together. Repayment for your total loan debt will be at 9% on earnings above £21k

    Your repayment is only different if you take a masters and get a PG loan. All undergraduate debt has a single repayment towards the total amount owed.
 
 
 

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