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Quitting uni - what happens about my loans?
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kirasia
Posts: 58 Forumite
Hello,
first off, please don't try and make me change my mind on the leaving front, it's been pretty much set the week I started the course
anyway, I tried to stick it out, and its just not for me.
I'm wondering if anyone knows what will happen about my loans? I'm due my next installment on the 5th Jan, will I continue getting it until june? or can I cut it off??
Also, do I have to continue paying my tuition fees for the full year?
I'm a first year incase it's relevant
thanks, Lou
first off, please don't try and make me change my mind on the leaving front, it's been pretty much set the week I started the course

anyway, I tried to stick it out, and its just not for me.
I'm wondering if anyone knows what will happen about my loans? I'm due my next installment on the 5th Jan, will I continue getting it until june? or can I cut it off??
Also, do I have to continue paying my tuition fees for the full year?
I'm a first year incase it's relevant

thanks, Lou

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Comments
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Make sure you don't just leave - tell your course leader as there will be paperwork to be completed and systems to update. Registry at your uni should send notification to the SLC who will contact you and tell you what you owe and how to pay back. You should not be receiving your maintenance grant/loan if you are no longer a student and you will get away with one term's tuition fees if you go at the end of this term, but you MUST makae sure everyone knows, otherwise you will just finish up with more debt.
You can get through to the SLC on 0845 607 7577. If in doubt give them a call.
Good luck in whatever else you decide to do.
Mrs P P"Keep your dreams as clean as silver..." John Stewart (1939-2008)0 -
Ring your local student finance department asap - today if you can.
They will put a stop on January's payment but need a week or two to sort it. If you don't do this in time and it comes through, then so much of it will be an overpayment and they may ask for it back in a lump sum. Plus it can affect any future funding you may want.
Contact the uni asap too and you may not have to pay tuition fees for next semester - thay tend to have a cut off date for dropping out. I would urge you to do this today as well.
Once you have left and it is all sorted, you may get a payment from student finance (you may have to remind them) because you have probably very near completed a full semester (i.e. half a year) but will only have received your loan/grants for a third of the year iyswim?
Hth0 -
Also, you will need to start repaying the student loan as soon as you have a job earning 15k+, just the same as you would have done if you graduated.
It seems a shame to leave after the first semester, is it not possible that next semesters modules would be more suited to you?0 -
Thank you for the replies
I've contacted to student finance people, they've cut off my loan for me, and I'm waiting for a call back from the uni, I just have to get in contact with my tutor, but I'm going to see what the uni says I should do from here.
Honestly, it's possibly the worst course for me.. I do conceptual photography (and am interested in fashion photography).. well, this particular course DOESN'T allow fashion, and my style of photography just isn't what they're looking for. (http://louise-knight.deviantart.com/gallery)
Really, I know it seems a shame to waste this, but I can always reapply to another university when I've got a clearer understanding of what it is I want out of it
LouDestash Challenge: 0/100
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Declutter Challenge: 35/5000 -
Wow, those photos are fantastic! I can only dream of making photos like that, you clearly have a gift.
Sure youll do well whatever you do with tallent like that.0 -
While not strictly a loan issue, make sure you withdraw properly from your university so that tuition fees do not become an issue. At my university if you withdrew before the end of the first term then no fees were due, but a day later then the full year would be charged.
Different places have different policies, so just make sure you know where you stand.0 -
Wow, your photography is brilliant. You clearly have a talent!
Do you have another course in mind that you'd like to do? Or could you perhaps send your portfolio to a magazine with a fashion section, so you can perhaps spend the rest of your year getting valuable work experience, before starting another course?Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)0 -
University College Falmouth.... amazing photgraphy courses... and you most definitely can do fashion...The size of a glory hole in an open pit should not be greater than the cross-section of the haul trucks that dump into it. Otherwise, you are bound to lose a truck, sooner or later. Source: Sergio Cha
I'm sorry for the demon I've become but you should be sorry for the angel you are not.0
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