Dropping out of uni

So I am looking to drop university all together. From what I've been reading, if i was to leave now then I would have to repay some of my maintenance loan immediately which I simply cannot afford at this moment in time, would it be better to drop out after the term finishes therefore minimising how much I have to pay right now. Or not what are my options? What should I do?

Hi Hayden,
When you withdraw your university would notify us and we'll do a reassessment on your loan. If there is an overpayment we'll advise you of this along with a number to contact to discuss affordable way to repay any overpayment (direct debit, monthly payments etc). Thanks, Jason

Hi there. If you withdraw during your first term then the university are only liable for 25% of the Tuition Fee, so we would pay them the 25% if you are receiving a tuition fee loan. Thanks, Leah.

Thank you I was confused, I was told I would have to pay out of my own pocket to the university.