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I am going to study in the UK and I need a big loan....…..

  • 14-02-2015 8:59am
    #1
    hatty444
    Registered Users, Registered Users 2 Posts: 24 ✭


    I am going to study in the UK I need around 100000 EUR to do a 4 year course in Portsmouth University. How do loans from the credit union or a bank work.

    Will I need to be paying it off as I go through college or is it when I start working?

    Will I get a loan of that size?

    I know nothing about student loans and I would be happy if you could given me some extra information if I havnt asked it already. Thanks for your answers in advance.


Comments

  • #2
    Squall Leonhart
    Closed Accounts Posts: 1,794 ✭✭✭Squall Leonhart


    100,000 euro doesn't seem to me like it can be classed under 'student loan' in this side of the world, that's a mortgage!

    I know that Australia has a "HELP" system, higher education loan programme, whereby you borrow from the state to study, and once you're in full time employment you are deducted at source to pay back what you owe, I think I recall hearing something about a similar program in the UK. But 100k seems absolutely incredulous.


  • #3
    hatty444
    Registered Users, Registered Users 2 Posts: 24 ✭hatty444


    Well 100k would be a total rather a full loam it would cost 12k eur on fees alone per year and 5000 for student acomm which leaves 3000 for cost of living and I MIGHT get a job which might give me an extra 60 quid a week so 20 grand a year ain't bad. It is a Master in Pharmacy BTW.


  • #4
    bjork
    Closed Accounts Posts: 2,554 ✭✭✭bjork


    https://www.gov.uk/student-finance/overview


    Have you tried the UK Government student loans company?

    They should sort you out


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