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The Clubhouse Bar
A Political Thread pt. 2
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<blockquote data-quote="TRF_Olyy" data-source="post: 1097544" data-attributes="member: 34990"><p>Again: Not sure if they're the same now, but when I went to university anyone could apply for a student loan and it behave(s/d) differently to a normal loan - money went straight to the University to cover fees, and then it gets taken directly from your paycheque once you're earning a certain amount</p><p>A lot of people refer to it as a graduate tax rather than a loan as you never physically pay it back, just at a certain pay level you get a few quid taken out of your cheque before it hits your bank account, it also gets written off after a certain point (30yrs post graduation, maybe?)</p><p></p><p>There are also grants and bursaries for people based on different circumstances (many you are entitled to as part of the application process to get a student loan as they're based on household income, some are more specific like the NHS student nurse bursary, where they contribute to fees and students get some money, and at my university there were bursaries for people taking courses in the Welsh language amongst a bunch of different scholarship/bursary options)</p></blockquote><p></p>
[QUOTE="TRF_Olyy, post: 1097544, member: 34990"] Again: Not sure if they're the same now, but when I went to university anyone could apply for a student loan and it behave(s/d) differently to a normal loan - money went straight to the University to cover fees, and then it gets taken directly from your paycheque once you're earning a certain amount A lot of people refer to it as a graduate tax rather than a loan as you never physically pay it back, just at a certain pay level you get a few quid taken out of your cheque before it hits your bank account, it also gets written off after a certain point (30yrs post graduation, maybe?) There are also grants and bursaries for people based on different circumstances (many you are entitled to as part of the application process to get a student loan as they're based on household income, some are more specific like the NHS student nurse bursary, where they contribute to fees and students get some money, and at my university there were bursaries for people taking courses in the Welsh language amongst a bunch of different scholarship/bursary options) [/QUOTE]
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A Political Thread pt. 2
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