Student loan interest rates could rise to 12% this September

Ed-1

Reytons123 said:

silvercar, thanks for your response.
I can't then understand that the loan application deadline is 20th May, but you can also apply up to 9 months late? If we applied late, would that mean the Uni gets their tuition fee late also? So rather than self funding initially (as you say, getting "reimbursed" isn't an option) can we apply late, so that the loan is paid as close to Mar23 as possible, thus also avoiding that period of high interest rates?

The university needs to see that you have funding in place at the start of the course otherwise they would suspend your studies pending payment of the fee.

silvercar

Reytons123 said:

silvercar, thanks for your response.
I can't then understand that the loan application deadline is 20th May, but you can also apply up to 9 months late? If we applied late, would that mean the Uni gets their tuition fee late also? So rather than self funding initially (as you say, getting "reimbursed" isn't an option) can we apply late, so that the loan is paid as close to Mar23 as possible, thus also avoiding that period of high interest rates?

If they did that for you, wouldn’t every student in the country want the same?