Minimum Maintenance Loan Final year
I was just talking to my friends and they told me that in our final year our maintenance loan decreases. I went on the gov website and I can see that the highest maintenance loan decreases by about £300, but I know I will get the lowest maintenance loan, so I am just wondering how much it will decrease by?
I will be living away from my parents and outside of London in my final year.
Thanks!
I will be living away from my parents and outside of London in my final year.
Thanks!
Original post by tilysk
I was just talking to my friends and they told me that in our final year our maintenance loan decreases. I went on the gov website and I can see that the highest maintenance loan decreases by about £300, but I know I will get the lowest maintenance loan, so I am just wondering how much it will decrease by?
I will be living away from my parents and outside of London in my final year.
Thanks!
I will be living away from my parents and outside of London in my final year.
Thanks!
Hi there, Student Finance England reduces the amount of Maintenance Loan you receive in your final year as you are not entitled to financial support when your course has ended. Therefore, the loan does not cover the summer holiday in that year.
The basic amount of funding for a final year student living outside of London is £4,324.
Thanks, Karen
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