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How to get a NatWest student loan?


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Written on: 03.11.2009 [16:18]
Tyrone
Tyrone
Topic creator
Posts: 7
I am about to go to University to study medicine and because the costs are obviously elevated, my University Course Advisor suggested that I could probably apply for a student loan if I felt my SLC loan would not cover me. I have discussed this thoroughly with my parents and we think it is a wise decision as I want to be able to concentrate solely on my studies without having to worry financially. However, I have some scruples as to what type of interest I would be looking at? Also I have been told that as I study medicine the NatWest student loan may be the best option as it has no fees and they give you up to 6 months until you have to start repaying upon graduation. It sounds all very simple to me, but has anyone had any prior experience with this loan? Would anyone recommend this loan?
Written on: 05.11.2009 [17:23]
Elizabeth
Elizabeth
Posts: 2
Well I would say take more time to think about the loan, if you already are taking out a loan from the government plus then a further loan, your repayments might end up being quite high out of your monthly salary. There are many other factors to think of: how long do you have to pay it back?
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  • Written on: 06.11.2009 [14:34]
    Maynor
    Maynor
    Posts: 2
    I don’t think you can apply for this loan until your second year of uni unfortunately, perhaps its best to contact the bank and see what they offer. The more information you get before deciding the better.

    Written on: 17.11.2009 [11:55]
    Tyrone
    Tyrone
    Topic creator
    Posts: 7
    Thanks for your responses. Where did you find out that it was just for second year students? I have had a look through the info i was given and i cant seem to find it anywhere.