University fees

rubymurray7

Hi,
We are trying to get our son through Uni wothout having any debt at the end. We have paid the first year's fees of £3000, but I have been told by someone that if we pay the full fees without our son resorting to a student loan to pay them, we could be charged with a higher rate of fees and presented with an extra larger bill at the end of his course! The advice was to take out a student loan regardless of whether we needed to or not but I am loathe to do so. We are not loaded and I am alarmed at this information. Has any one else heard thisand is there any thruth to it ?
Ruby

Backbiter

harleyloans wrote: »

I am Mr Harley The Managing Director of Harley Loans Investment company i am a certified and a resgistered loan lender i offer loan to interested people who are in need of financial asistance also i offer all kinds of loan like student loan unfortunately i was away when we were taught punctuation and capitalization at school
Best Regards,
Mr Harley

..........

DJ1UK

SPAM REORTED.

Hopefully someone with some more useful info will be along shortly!

Good Luck

DJ

dmg24

Hi RM7,

Welcome to MSE.

Don't worry, whoever has told you this has incorrect information. Everyone pays the same, whatever the source of that payment is i.e. parents or student loan. The only time you would pay a different amount is if you do not qualify for the UK/ EU national rate.

Kitty_Butler

If your son's in the lucky position where he doesn't have to take the loan, this is a position where he can make himself a nice bit of money!

Downside is, you need to trust your son not to spend it!

Take out the loan then stick it in a high-interest account, leave it untouched, watch the money grow. Upon graduation, pay off the student loan in full, and your son should have earned several hundred pounds which will go towards getting him set up in the 'real world'.