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OU degree and funding via +24 loan

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I am looking to apply for the OU Health and social care degree. I will also be applying for funding via a +24 loan for this.

My question is do I take the funding out for the entire degree in one go (which would be a huge loan as the entire course is 340 credits) or do I only apply for the amount of credits I do per year?

I just can't get my head around the loan part and don't want to apply in the wrong way!

Comments

  • [Deleted User]
    [Deleted User] Posts: 7,323 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I thought the OU gave financial advice?

    Normally you apply for funding for the courses you are studying that year.
  • DomRavioli
    DomRavioli Posts: 3,136 Forumite
    1,000 Posts Combo Breaker
    As far as I am aware (I'm on the old arrangements through OU) it is done through student finance (student loans company), not a 24+ loan.

    If you call OU, they will be more than happy to talk you through it.
  • Mrs_Ryan
    Mrs_Ryan Posts: 11,834 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I'm on the new arrangements and it's a P/T fee loan you need not a 24+ loan. OU have royally fudged me over with my loan just as I'm about to start my final year so I wouldn't necessarily trust anything they tell you :mad:
    *The RK and FF fan club* #Family*Don’t Be Bitter- Glitter!* #LotsOfLove ‘Darling you’re my blood, you have my heartbeat’ Dad 20.02.20
  • ash28
    ash28 Posts: 1,789 Forumite
    Mortgage-free Glee! Debt-free and Proud!
    a fee loan for part time study from Student Finance England (SFE) is what you need. You have to apply each academic year for funding to cover your chosen module(s) for the year. I have just applied been approved for a loan to cover a 60 credit module that starts in October this year. This is the third module I have applied to have funded by SFE.
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