The Danske Postgraduate Funding Loan allows you to make interest-only monthly repayments for the first 30 months. After the interest-only period ends, your monthly repayments will increase to cover the outstanding capital as well as the interest.
You can also make overpayments as often as you like, and if you want to settle early we’ll tell you how much you’ll need to clear your balance.
- Before we provide the loan you must confirm you have been accepted on to a postgraduate course by providing us with your university offer letter, ideally within a month of registration.
- Whether we provide credit depends on your circumstances.
- You must make your repayments from a Danske Bank personal current account.
Prices and interest rates
Correct as at 20 March 2020
||2.6% APR variable
| Total amount of credit
| Monthly repayment
30 payments of £11.92, then
30 payments of £189.54
|Total amount payable
Please contact us to find out details of our Elective Study Loan.