exactly How does Future Finance make student loan choices?

exactly How does Future Finance make student loan choices?

At Future Finance, we understand theres a complete much more for your requirements than simply your credit rating, we have a look at several different factors whenever evaluating your figuratively speaking application.

At Future Finance we understand theres much more to you personally than simply your credit rating, specifically for young pupils whom havent had the opportunity to establish credit history. By going to university, youre improving your future making possible and thats really why we glance at lots of different factors whenever evaluating your figuratively speaking application.

Continuation rate

Some students unfortunately leave university before completing their course, especially in their first year of studies for a number of reasons. This will mean that your course will be assigned a low continuation rate and you may not be approved a Future Finance loan on this basis if the course that youre undertaking has a high dropout rate in its first year.

We realise that if youre borrowing in purchase to review, youre severe regarding the program along with your training. Therefore, as soon as you complete your very first 12 months of studies, you wont be denied that loan based on the extension price of the program.

Work price

A work price is dependant on the amount of graduates from the specific program that are used. As you are able to imagine, some courses being considered specially difficult or prestigious have an improved work price than others. Some courses, such as for example nursing, or accountancy have actually an improved work price than several other courses, such as for instance music.

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