Student loan for mature student ineligible for Student Finance England

FrankieandHalley
FrankieandHalley Forumite Posts: 1 Newbie
in Student MoneySaving
Would you recommend a loan or a credit card to cover tuition fees, given my situation?
  • I have received an offer to complete as MSc starting in September, which is £12,000 over the course of two years.
  • I am not eligible for Student Finance since I already have an MSc (despite funding this personally)
  • I have ten years experience and doing the MSc to upskill in a new area - my current employer will not provide any funding support
  • I will be reducing my working hours to 4 days per week to allow for study, meaning a 20% drop in income
  • I dont qualify for any benefits or carer allowance, and the University does not offer any scholarships


Comments

  • silvercar
    silvercar Forumite, Ambassador Posts: 45,962
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Ambassador
    There used to be career development loans, do they still exist?
    I'm a Forum Ambassador on The Coronavirus Boards as well as the housing, mortgages and 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 [email protected] (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 338.9K Banking & Borrowing
  • 248.7K Reduce Debt & Boost Income
  • 447.6K Spending & Discounts
  • 230.8K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 171.1K Life & Family
  • 244K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards