CASE STUDY 1
David decides to withdraw from his course mid-way through the first term of his second year due to not enjoying his course.
PREVIOUS STUDY - David has no previous study before this course at HE level. As David completed year one and enrolled onto year 2, he has used two years of study. If David decides to return to HE study in the future, these two years will be deducted from his full entitlement. For example, if David returned to study a three year course, he would be entitled to 4 years' funding (3 years course + one gift year) but would only receive 2 years' of funding (4 years - 2 years previous study = 2 years). These years of funding will be alloctaed to the latter part of the course. This means David would need to self-fund the first year of his new course as his third year and second year would be covered. Typically maintenance loans are unaffected by previous study.
FINANCIAL IMPLICATIONS - David will owe 25% of fees for this academic year, which he will pay back when he is earning over the earning threshold.
David has received his maintenance funding for the first term. As he is leaving mid-way through the term, David will have an overpayment that is worked out on a pro-rata basis from his last date of attendance. For example, if David received £1000 for the term and his last date of attendance was exactly halfway through, David's overpayment would be £500. As David is withdrawing, this overpayment would need be paid back immediately. However, David can contact the Student Loans Company to arrange a payment plan.
CASE STUDY 2
Sam needs to suspend due to medical reasons in the third term of year 1.
PREVIOUS STUDY - Sam has no previous study before this course at HE level. Sam has used one year of funding entitlement - this would be classed as using her plus one year of funding. Therefore Sam would still have funding for the remainder of her course. If Sam needed to use another year in the future due to, for example, repeat or suspension, Sam could apply for discretionary funding on the grounds of compelling personal reasons as medical reasons caused her to have to suspend.
FINANCIAL IMPLICATIONS - Sam will owe 100% of fees for this academic year, which she will pay back when she is earning over the earning threshold.
Sam has received her maintenance funding for her third term. As Sam is suspending on medical grounds, she will be granted 60 extra days funding from the her last date of attendance. Therefore Sam's overpayment will be worked out from the date that follows 60 days from last date of attendance. If there is still an overpayment after the 60 days, that amount will be deducted from Sam's maintenance funding in the academic year she returns.