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Q721: Student loan?

Question

Assalamu Alaykum,

I am looking to attend university in September and was recently told by someone that taking out a tuition fee loan is Haraam. I looked into this on their website and found that after the first year of study the Student Loans company add interest as well as inflation. With the recent increase in university fees to £9000 per year, I would find it difficult to pay this off without actually taking out the loan. I have also looked into working part time while at university but this still wouldn’t cover it. I have asked several people who have already been through the system about what they have done and all of them have said that they have taken the loan out. I would appreciate if you clear this matter up for me. Shukran

Jazakallah

Answer

Try out some scholarship funds, go to the Turath Publisher’s website and apply.

http://www.turath.co.uk/front/turath-scholarship-fund

If there is no other way out then come back and we will analyse your situation again Insha’Allah. Or you could contact your local imam.

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