Government Student Loans

Government Student Loans

Government student loans have been put in place in order to replace the student grant and to continue helping students through their college years. Government student loans are available to full-time undergraduate students to assist with their general day to day living costs.

The way government student loans works is that the government pays you in instalments, firstly by cheque and then the second and third instalments at the start of each subsequent term. You will only have to start repaying the government loan when you are earning a set amount, namely £15,000 per year. You will not have to repay any money back until this time and you have the government’s word on that.

Government student loans are available to full-time students up to the age of 50 years who are on a higher education course of at least one academic year, or for those students on a five-year Diploma in Architecture.

You can find out more information about government student loans online or, indeed, apply for a student loan with one of the myriad of suitable companies that offer great rates for students at all stages of study and with little credit rating.

Student Loans No Credit History Required

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