FAQ

Here are some frequently asked questions about student finance: there is also lots at the Student Finance England website

Can I repay student finance early?
Yes, you can repay student finance early, and it's worth considering if you're able to do so.

Does student finance cover master's degrees?
Yes, in many cases, student finance can cover master's degrees, but eligibility can vary based on factors like location and program.

Are student loans eligible for forgiveness?
Student loans may be eligible for forgiveness under specific circumstances, such as working in certain public service roles or meeting other criteria.

Are government loans offered for students?
Yes, government loans are commonly offered to students to help cover education costs.

How is student finance calculated?
Student finance is calculated based on factors like tuition fees, living costs, household income, and other variables.

How does student finance work?
Student finance provides funds to help cover the costs of education and living expenses while studying, usually as loans that need to be repaid after graduation.

What student finance plan am I on?
Your student finance plan depends on factors like your course, location, and when you started studying. Check with your student finance provider to confirm your plan.

What type of student finance can I qualify for?
The type of student finance you qualify for depends on your course, location, and financial circumstances. Check with your student finance provider for specific options.

Which student finance plan should I apply for?
The right student finance plan depends on your individual situation. Research available plans and consult your student finance provider for guidance.

When is student finance paid out?
Student finance is typically paid out at the start of each academic term to cover living expenses and educational costs.

When are student loans written off?
Student loans are usually written off after a certain period of time, such as 30 years, and if you haven't fully repaid the loan by then.

Where can I get information about student loans?
You can find information about student loans from official government student finance websites and related resources.

Which student loans are eligible for forgiveness?
Specific types of student loans, especially those tied to public service careers, may be eligible for loan forgiveness.

Who can I contact about student finance?
You can contact your country's student finance agency or office for assistance and information.

Has anyone had their student loans forgiven?
Yes, many individuals have had their student loans forgiven by meeting specific requirements set by the loan forgiveness programs.

How does student finance affect universal credit?
Student finance can impact your eligibility and amount of universal credit. Consult your local welfare office for details.

Will student finance impact my benefits, tax credits, housing benefits?
Yes, student finance can affect your benefits, tax credits, and housing benefits. It's important to understand the potential implications.

Can I get student finance for a second degree or master's?
Yes, you can often get student finance for a second degree or master's, but eligibility may depend on factors like prior study and location.