Student loan overpaid and now I don't have enough money to live on? Watch
Anyway, obviously I was wrong. Because I was overpaid, this semester they took the money out of my maintenance loan and now I only have about £200 to live on until the next one (I was already overdrawn £400 for January's rent because there were issues getting them to prove I was still a student so I got the loan late and February's rent just came out.)
I honestly don't know what to do now. I have another 2 months of £400 rent, as well as food and travel expenses to uni. I've been trying to get a job, but I was trying all last semester and nothing came of it (got some interviews, never went further). I've looked up private student loan companies but none seem to exist in the UK and I don't really want to get into even more debt. At this point any suggestions as to how I can sort this are welcome.
They give undergraduates a £1,500 interest-free overdraft for 4 years (course duration + one year after graduation). It definitely helped me out when rent was due before I received my loan instalment.
In your case it’ll buy you time to find a job to give you a stable income