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a 2nd Student Loan

Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
edited March 27 in Work & Study
ive got 9000 outstanding with SLC and i havnt started repayments. could i go back to uni in 2009 and take out another SLoan or do i have to pay the first one off before taking out another
Post edited by JustV on

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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    if it's for a postgraduate course you cant get a student loan.

    if it's to start a different undergraduate course after failing to complete your first one, you'd have to ask them, I think you may still be elligible.

    if you're leaving your course with the intention of completing it at another date I would think you would be elligible.

    you will have to start paying your load back in the event you start earning over the thresh hold (like £17k or something I think) before you go back, even if you intend to go back later.

    hope that helped :)

    oh, and take into account, by 2009 there might be some different loans system in place...
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Replicant wrote:
    oh, and take into account, by 2009 there might be some different loans system in place...
    I have seen reports earlier this year that the yearly tuition fee could rise to £5000 a year in 2010. The Government could hold discussions about raising the fees, but any such decision would have to be approved by Parliament. Just shows how expensive it is.
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