Dropping out of doing a masters.

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Bongo Bongo
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#1
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#1
I started an msc in Sept and am finding it really difficult. I was wondering, if I dropped out in Jan before second term, would I be able to take the 3 grand student loan and go travelling with it?

Thanks guys!
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Neurocandid
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(Original post by Bongo Bongo)
I started an msc in Sept and am finding it really difficult. I was wondering, if I dropped out in Jan before second term, would I be able to take the 3 grand student loan and go travelling with it?

Thanks guys!
Have you considered seeking advice and support before dropping out? I think you are able to get the funding
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username4347578
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There’s only a few months left. Go through your masters!!
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artful_lounger
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I'm not entirely certain how the postgrad masters loans are arranged, but since it's still SFE, I presume there are some similarities to undergrad loans. For SFE undergrad loans, if you withdraw from a course you are required to pay back pro-rata the amount of the loan you have "left" to fund the remainder of that year - e.g. if you dropped out halfway through you would need to pay back a total of half the loan.

Presuming this is the case then no, you wouldn't be able to just take the money and "go travelling". Since you were provided the loan on the understanding you were completing a full masters degree then dropping out and using that money for something else would also probably constitute fraud even outside of SFEs own mechanisms as well. This is a bad idea from pretty much any angle.

If you are struggling on your course you should speak to your tutor/supervisor about it and what may be done to ameliorate those issues.
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