We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Final yr student loan

2

Comments

  • lellie
    lellie Posts: 1,489 Forumite
    It's more than 1700.. The minimum is still £3000ish I think. It's less than previous years but not much less.
  • twinkle162
    twinkle162 Posts: 206 Forumite
    If it's (access to learning fund thing) means assessed I probably wouldn't be eligible because my parents both work - not sure what that has to do with my personal circumstances, but anyway . . .

    My last year is as long as the 3rd/4th years are / were. I have previously got an allowance for the extra time etc, but even though this upcoming year is longer and involves me doing an overseas elective, they haven't seemed to take that into account (at least not when my mother was talking to them on the phone, going to have another go at the weekend).
  • blackmidnight
    blackmidnight Posts: 13,296 Forumite
    Part of the Furniture Combo Breaker
    i'm getting about 3100 for next year which is my final year. I think that's only a few £100 less than normal. £1700 must be wrong.. Unless you're living at home in which case i think you would get less but i don't know how much.
    2008: £783.12 - 2009: £6,401.15 - 2010: £4,230.61 - 2011: £8720 - 2012: £2,041.89
    2013: £134.96
  • twinkle162
    twinkle162 Posts: 206 Forumite
    i'm getting about 3100 for next year which is my final year. I think that's only a few £100 less than normal. £1700 must be wrong.. Unless you're living at home in which case i think you would get less but i don't know how much.

    Nope I'm renting during college terms. Is some of that means tested or is that just the basic 'maintenance loan?'
  • Oldernotwiser
    Oldernotwiser Posts: 37,425 Forumite
    twinkle162 wrote: »
    It's about 1700 - not even going to cover my uni rent for the year.

    So you're saying that you got a £6,800 loan for this past year? Are you sure? Are they taking their overpayment back? Is this why the amount's so low?
  • kelloggs36
    kelloggs36 Posts: 7,712 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You should get most of it, not 1/4! I would check the figures with them and appeal as it seems very wrong to me.
  • The Access to Learning Funds are means tested, but only on YOUR income, it does not take your parents' income into consideration.
  • pavlovs_dog
    pavlovs_dog Posts: 10,217 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    there's not been any change to the amount i will receive for next year, which will be my final year
    know thyself
    Nid wy'n gofyn bywyd moethus...
  • scottishlass
    scottishlass Posts: 1,971 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Usually your final year is reduced as its assumed you shall not need any money for the holiday period following your graduation. Mine was reduced on this basis although I'm not sure if this is the same with the new top up fees.
    2020 Mortgage-Free Wannabes #20 £1495.03/£2760 OP
  • alilel
    alilel Posts: 9 Forumite
    twinkle162 wrote: »
    My last year is as long as the 3rd/4th years are / were. I have previously got an allowance for the extra time etc, but even though this upcoming year is longer and involves me doing an overseas elective, they haven't seemed to take that into account (at least not when my mother was talking to them on the phone, going to have another go at the weekend).

    I assume from this paragraph that you are a final year medical student. In that case, your loan will be lower than expected (about 50%) as it is affected by your NHS bursary and having your fees paid.

    See here for more details
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.