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Paying back student loan
tamhillman
Posts: 1 Newbie
Hi,
I am currently applying to do a PGCE course and I would get a £9,000 bursary. How beneficial would it be to spend that money paying back some of my student loan or would it not be beneficial at all?
I am currently applying to do a PGCE course and I would get a £9,000 bursary. How beneficial would it be to spend that money paying back some of my student loan or would it not be beneficial at all?
0
Comments
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Depends on the size of your student loan and your likely earnings over the next 30 years.
I would wait until you are a couple of years into your teaching career before deciding; unless your student loan is small.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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