Who actually provides the student loan?

melancholly

atypical wrote: »

That's a good point. Martin does say to avoid bank loans so I assume they must give them to students? Perhaps he means unarranged overdrafts. Other than that, stores cards/credit cards and those horrible short term loans at ridiculous rates of interest?

yeah, that will be a standard bank loan - it won't have anything special to make it nicer for students in terms of repayments. all of that is done by the SLC....

.blue - you can get your student loan paid into a standard bank account, but if there's any chance you'll use an overdraft facility, a student account is almost always the best option as it will be interest free and the total interest free amount allowed will be reduced over about 3 years after you graduate. often well worth it.