What happens if you withdraw from your course
If you withdraw from your course or take an official break in studies, then Birkbeck must inform your lender and any ‘unearned’ portion of your loan has to be immediately repaid by you. The 'unearned' portion of your loan has nothing to do with how much money you have left. The portion of the academic year that is left is the 'unearned' portion of your loan. That is, the academic year is 30 weeks, so if you withdraw or break in week 10, then 20 weeks' worth of your loan- two-thirds- is unspent and must be returned to your lender immediately. The ‘earned’ part has to be repaid according to your repayment terms.