student loans

MrsManda

Stardust wrote: »

Its the 20th for me as well.
It would suit me better if they could split it and pay it monthly from October - May

The reason they give the money termly because student accommodation and fees (the largest student costs) are usually paid termly.

ladybird6

wow thanks everyone, l.ve started something now have,nt l, yes l,m skint too,so checking my bank all the time now,lol

Shoshannah

Mine is due on the 20th, desperately poor at the moment so I need it!

MattSn

Mines due on the 20th too.

I know they why they can't and never will but I'd prefer them to give it to me as one lump sum.

DEBT_23

mine is also due on the 20th tho my last pay was in my bank the friday instead of the monday.. so you never know you could get it earlier..

Stubert

20th here as well, its done on your term dates so I doubt you'd get it much earlier.

robpw2

mine was due on the 6th came in on 4th

Awec

I really hate the timing of these loan payments, especially the 2nd and third payment.

Both should be moved forward 1 month.

Stubert

MrsManda wrote: »

The reason they give the money termly because student accommodation and fees (the largest student costs) are usually paid termly.

That makes sense in the first year(s) of university, but generally students move out of university accommodation after their first year.

But I suppose it dramatically reduces their costs doing it in 3 installments than a higher number!

Awec wrote: »

I really hate the timing of these loan payments, especially the 2nd and third payment.

Both should be moved forward 1 month.

This is my last year with a loan, but I agree, the last term is usually so short!

blue_ashleigh

I do wonder why you have more money for the third installment when it's the shortest semester!