Saturday, November 14, 2009

Student loan for UK student studying abroad?

I want to study in Canada and I assumed that I would be able to get student loans as any other UK citizen but I have heard from some that I cannot, whereas from others I have heard that I can.


On student finance wales I used the loan calculator and selected non-UK institution, and it concluded that there is "not enough information" to calculate my entitlement. On student finance direct (the slc for england), apparently I can get tuition fee loans and a maintenance loan of around 5500 per annum.


I suppose I don't expect the maintenance GRANT (though that would be nice), but surely I could get the loans.





What is the truth on this matter?





Thanks in advance. :)

Student loan for UK student studying abroad?
I could see from HSBC, England the "Professional Studies Loan" they can support you financially up to UK Pounds Sterling 25,000/= and you can check the following website:





http://www.hsbc.co.uk/1/2/personal/loans...





You need to talk to them on your confirmed admission in Canada and all other things that they may demand as per their procedure, to get the loan you need.Best of luck to you!
Reply:There are two sources for student loans -- the federal government and private lenders. In order to obtain most federal student loans, you will first need to file the Free Application for Federal Student Aid (FAFSA). In most%26lt;!--instances the FAFSA is required for all federal financial aid including federal student loans. Deferment options are available while you are still attending school at least half-time. There are four main federal loan programs.





http://best-loans.awardspace.com/student...





Federal loan consolidation is for students who are in repayment status or parents who wish to extend the repayment period on their current PLUS and obtain a fixed interest rate for the life of the loan--%26gt;you can combine all of your eligible federal student loans into one loan with a Federal Consolidation Loan. Consolidating also locks the interest rate you pay on your loan.
Reply:if you want to study in Canada, you will need to apply to Canada authorities to study for a loan
Reply:As far as I know you would only be entitled to a loan whilst studying abroad if it was part of your course. Eg if you were studying French and you had to spend a year in France then you would get a loan for that year.





This is because you, the course and the institution must be eligible for funding. Courses that are eligible for funding must receive funding from the UK government, but not all courses that receive government funding are 'eligable courses' e.g. nursing diplomas.





So I don't think you will get a student loan.
Reply:I would like to recommend you some useful infomation here.http://studentloan.online-helpers.info/f...


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