The Effect A Change Of Circumstances Has On Student Loans And Grants
What happens if my circumstances change?
What happens if my circumstances change?If your circumstances change while you are at university and you think you might want to leave, or you're worried about how this will affect your student loan, the best thing to do is speak to an advisor in your student's union or in the university or college that you go to to discuss what these circumstances are. they will give you advice as to how that will affect your student loans.
What happens if I fail to complete my course?
You'll still have to pay back the student loans that you've taken out, and they'll be paid back as you would have paid had you graduated.
What happens if I want to take a gap year mid-course?
It won't affect the entitlement you have to student loans or the fact that you have to repay them. Interest will continue to accumulate on your loan during your gap year so you will have a bit more to pay as a result.
What happens if I change my course?
If you change your course whilst you're studying, normally your funding can go with you if you're transferring from one course to another. Things can be complicated, so the best thing to do is speak to an advisor in your student union, your university or your college. They can tell you how funding will work and what effect things will have.
What happens if I change university?
Usually, if you change university or college midway through a course your funding can follow with you. However, there can be complications, especially if you're starting a new course right at the beginning. The best thing to do is get some expert advice from an adviser in the students' union at the university or college that you go to.