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Need to lend £7,500 in August this year and £7,500 in August 2012

Modmedia
Modmedia Posts: 9 Forumite
edited 9 February 2011 at 6:36PM in Loans
I'll remove my post then, shall I?
«13

Comments

  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Borrow, not lend.
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • Does the student loan company not make loans to students? Or was i imagining everything?
    "If you no longer go for a gap, you are no longer a racing driver" - Ayrton Senna
  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    The bank lends you money for you to borrow. You nearly have a three year law degree and you don't know the difference between lending and borrowing? Wow!!
    I used to think that good grammar is important, but now I know that good wine is importanter.
  • ILW
    ILW Posts: 18,333 Forumite
    McKneff wrote: »
    Borrow, not lend.

    3rd year of law degree and doesn't know the difference. God help us.

    Sorry - cross posted
  • Svenena
    Svenena Posts: 1,450 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Probably not eligible for a loan from the student loans company if OP already holds a degree. What about a career development loan? Info on them here: http://www.direct.gov.uk/en/EducationAndLearning/AdultLearning/FinancialHelpForAdultLearners/CareerDevelopmentLoans/index.htm
  • Tixy
    Tixy Posts: 31,455 Forumite
    edited 9 February 2011 at 3:44PM
    I would suggest you investigate whether you would be eligible to borrowthis through a career development loan - http://www.direct.gov.uk/en/EducationAndLearning/AdultLearning/FinancialHelpForAdultLearners/CareerDevelopmentLoans/DG_10033237

    If you cannot and assuming you will have no income whilst on this course then I doubt you will find anywhere that will be prepared to give you a loan.

    Edit - sorry cross post svenena
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
  • gatita
    gatita Posts: 1,283 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Was just about to say the same thing, says a lot about today's education system!
    truly it beggars belief.
    When man sacrifices the Love of POWER for the Power of Love, there will be peace on earth.
  • zzzLazyDaisy
    zzzLazyDaisy Posts: 12,497 Forumite
    Part of the Furniture Combo Breaker
    Modmedia wrote: »
    Anyway on to the real question. I'm coming up to finish my three year law degree and there was money already put away to cover my fees so that is no issue but what is an issue is that I now need to go onto an 2-year institute course with fees of £7,500 each year.


    It would help if you tell us what career the two year institute course is for, as the regulatory body of your chosen career may have advice on funding options.

    (I'm assuming that you do not intend to pursue a career as a solicitor or barrister, since the mandatory post grad academic courses for law students are only one year)
    I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.
  • ~Brock~
    ~Brock~ Posts: 1,714 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    iolanthe07 wrote: »
    The bank lends you money for you to borrow. You nearly have a three year law degree and you don't know the difference between lending and borrowing? Wow!!

    The OP appears to have all the qualities needed to line up a career in claims management. :rotfl:
  • I hope I never have to use your services in the legal sense.

    You borrow, the bank will lend.

    And you will pay back.
    Be happy, it's the greatest wealth :)
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