Re-negotiating terms of a student loan

B

baoithe

Guest
Hi all,

I have just completed a postgrad. Prior to this I took out a student loan in the sum of €10,000. The terms of said loan were that I would make interest only repayments for a year and then to begin repaying the principle. However, for various reasons I will be studying for the next 6 months or so.
My question is: Is it possible for me to renegotiate the terms of the loan so that I push back the date at which I begin to repay the principle, by about six months? In the intervening period I would like to make the interest repayments. Essentially what I am asking is would they allow me to keep paying interest as I was for another six months or are they inflexible?

Many thanks.
 
Thanks for that Josie. I was just trying to get a feel as to what sort of response I will get when I go to see them about this. I had better just bite the bullet and call them.

Thanks alot.
 
When i had my student loans i stopped my payments for 10 months one year as i wasn't working p/t as much and never had a problem topping up either, not sure if things have changed but it wasn't that long ago so it shouldn't have.....
 
You must log in or register to reply here.
Back
Top