What if a student changes his/her mind about the amount to be borrowed?
Borrowing More If a student decides to borrow more (up to £3,070) he/she can do so by sending a ‘Change of Circumstance’ Form to the SLC. This must be done by 28 February. Once the University has received confirmation from the SLC that the tuition fee loan has increased, the University will change or cancel fee collection arrangements from the student, and issue any refunds due. Borrowing less A student can reduce the amount he/she borrows, by either paying more to Queen’s or by repaying Student Loan Company directly. This depends on the date on which the student changes his/her mind. Before 1 December If a student decides to reduce or cancel a fee loan he/she must inform the SLC immediately, and then contact Queen’s to choose one of the Fee Paying Options. If a student decides to pay by direct debit and informs the University after the middle of November it may be necessary to pay the first 2 months’ installments in December. On or after 1 December If a student decides to borrow less
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