Tuition loan repayment- Changing Master to PGDip

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Pickle1986
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Hello, I am currently studying Master degree- 2nd year and I was planning to complete it in 4 years. I am receiving Tuition loan from Student Finance. I was considering to switch from Master to PGDip and exit Uni with PGDip instead of master degree. If I was going to do so, how the repayment of the loan would look like if I would have received the full Postgraduate Tuition loan? Would I have to repay the full amount straight away because I did not finish my master or would this be taken from my salary ( I am working full time) each month, the same way as if I would have completed Master Degree? Thank you for the advice.
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SFE Isaac
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(Original post by Pickle1986)
Hello, I am currently studying Master degree- 2nd year and I was planning to complete it in 4 years. I am receiving Tuition loan from Student Finance. I was considering to switch from Master to PGDip and exit Uni with PGDip instead of master degree. If I was going to do so, how the repayment of the loan would look like if I would have received the full Postgraduate Tuition loan? Would I have to repay the full amount straight away because I did not finish my master or would this be taken from my salary ( I am working full time) each month, the same way as if I would have completed Master Degree? Thank you for the advice.
Hi there, if you transfer courses to the PGDip then you shouldn't be eligible for funding and should be asked to repay everything back.

To be eligible for postgraduate funding, the course must be a full masters course.

Any overpayment would have to be paid back straight away but it's possible to set up a payment plan.

Thanks, Isaac
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