Would overpayment for cancelled Master's prevent eligbility for Master's loan?

I previously received an overpayment for a cancelled Masters course which I cancelled before term start date and did not attend any classes. I have been on a payment plan and not missed any payments for this overpayment since. Would I be eligible to apply for a Master's loan? I am not in arrears with my repayments.

Reply 1

David SLC

Official Rep

Hi there. In this case, you would not be eligible for funding for another Masters course until the full overpayment balance including any interest is paid back in full. You would then be eligible to apply for another loan. Thanks, David