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For the 2009/2010 academic year, students living at home were entitled to an extra £1,075 (bringing the total loan to £3,838); students living in London were entitled to an extra £1,940 (bringing the total loan to £6,928); and students living elsewhere in the UK were entitled to an extra £1,386 (bringing the total loan to £4,950).
If you have bad credit, you may be motivated to refinance your student loans to lower monthly payments. However, many lenders require a minimum credit score in the mid-to-high 600s.
On the first day of the first academic year of the course, to qualify as a home student, all of the following criteria must be fulfilled by the student: . Be free from any immigration restrictions (e.g. British citizenship, exercising EU Freedom of Movement Rights, indefinite leave to enter/remain, right of abode, free from immigration control (as a diplomat or member of air crew))
The Student Loans Company (SLC) is an executive non-departmental public body company in the United Kingdom that provides student loans. It is owned by the UK Government's Department for Education (85%), the Scottish Government (5%), the Welsh Government (5%) and the Northern Ireland Executive (5%). [2] The SLC is funded entirely by the UK taxpayer.
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