Financial advice given to students
Ian McLaren Thomson, a spokesperson for the Student Loans Company, told the Independent that student finance "now offers considerably more than repayable loans".
People should therefore ensure they "don't miss out on available funding that they won't have to repay", Mr Mclaren Thomson said.
Information relating to such financial issues is accessible online, the expert added.
Dr Margaret Noble, pro-vice chancellor of Greenwich University, recently recommended prospective students contact the "various help lines that are available" to find out their financial options.
She said that research conducted by the university discovered that many people have "misconceptions" about university costs, while many students do not have a full understanding of the financial support available to them.
According to research by Push.co.uk, students accumulate debts of approximately £4,000 for each year of study.
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