Natwest Student Loan - Going into third year.

inconstant

I have maxed out my loan of £1400 and need to increase it to £1600 before I go into my final and third year at university.

But I don't know if I can do this yet as I start University at the end of Septemper.

Could I just ring them up and say that I will be going into my final year at the start of September, and explain my situation - that I need this increase to pay for house rent at university.

I really need this increase before september or the VERY start of september.

rachel.f123

Are you by any chance doing a masters/4 year course? If so, they can increase your overdraft to £2000 if you provide a letter or proof from your university.

That's what they did for me, anyway. I suppose another alternative could be to apply for an interest free credit card and do a cash transfer?

inconstant

The credit card sounds like a good idea, but it would be ideal if they would increase my loan. I really just need this 200 to pay off one month of rent.
So when my student loan comes in mid september I will be able to completely pay off my entire overdraft.

zppp

You can't apply for an increase until 1st September, and there are no exceptions I'm afraid.

inconstant

zppp wrote: »

You can't apply for an increase until 1st September, and there are no exceptions I'm afraid.

so if i apply for it on the 1st of sept, when will i revieve it?

zppp

inconstant wrote: »

so if i apply for it on the 1st of sept, when will i revieve it?

48 hours from the application.

stclair

You cant apply until the begining of sept however ensure you have proof of your place at uni to hand.

evissa

Do mean Natwest Student Overdraft as opposed to loan?
Last year i needed to increase mine and did so in August up to the limit of £2000 which was the total I would be allowed.

zppp

evissa wrote: »

Do mean Natwest Student Overdraft as opposed to loan?
Last year i needed to increase mine and did so in August up to the limit of £2000 which was the total I would be allowed.

Graduates have different dates to students.