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Career development loan question...
Goldfish_2-2
Posts: 3 Newbie
Greetings.
I have a question concering my career development loan.
When I joined my course, I took out a CDL for 75% of my fees, as I only had 25% of my fees guaranteed by my employer, and didn't know if they would be able to pay for 50% of the fees total.
Eventually, my employer did pay the 50% of my fees, so I got a refund from my learning provider for 25% of the total fees for the course. The refund was not because I did not complete my course, it was simply because they had been paid 25% excess fees.
Am I in a legal obligation to return that 25% refund I got to the CDL? I understand that if the provider needs to refund fees because of non-completion they must refund the loan amount to the CDL, but in this case the money has been refunded to me because I am still studying. Still, I could not go to bed tonight without asking this. Does anyone know?
Thanks in advance for any advice!
Goldfish
I have a question concering my career development loan.
When I joined my course, I took out a CDL for 75% of my fees, as I only had 25% of my fees guaranteed by my employer, and didn't know if they would be able to pay for 50% of the fees total.
Eventually, my employer did pay the 50% of my fees, so I got a refund from my learning provider for 25% of the total fees for the course. The refund was not because I did not complete my course, it was simply because they had been paid 25% excess fees.
Am I in a legal obligation to return that 25% refund I got to the CDL? I understand that if the provider needs to refund fees because of non-completion they must refund the loan amount to the CDL, but in this case the money has been refunded to me because I am still studying. Still, I could not go to bed tonight without asking this. Does anyone know?
Thanks in advance for any advice!
Goldfish
0
Comments
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No idea mate I'm assuming not but just think how much smaller the loan would be if you paid it back.Current Mortgage - £156,633:eek:Expecting baby no. one on 27th Oct 20100
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