Bursary v maintainance loan

H2003

My daughter hopes to study nursing and will receive a £5000 annual bursary which is a similar amount to the minimum maintainance loan she’d be eligible for. If she can manage off this amount, should she avoid taking out the maintainance loan to reduce her future debt, or would she be financially better taking it still and maybe investing the bursary money?

silvercar

Will she have a loan for tuition fees or is that provided by the NHS? Will she be able to manage off £5k or will she have other income?

My general thoughts are that if you need to take  a relatively large chunk of loan, tuition fees or maintenance, you should take as much as you can get if you aren't going to be a super high earner. The reason is that it will be written off if you don't pay it all back and interest rates mean most won't pay it all back.