When I did my MSc four years ago, there were no merit/pass/distinction classification - it was simple pass or fail - above 50% and you passed!

Hi, 4 years ago I took out a full £8000 CDL with Barclays to cover the cost of my tuition fees and living expenses to do an MSc. I worked part time for a couple of months and also applied to the University Hardship fund to raise extra money, and sensibly used my student account interest free overdraft facility. It takes a bit of planning and juggling but those 12 months were the best 12 months of my then 27 years on this planet. The only downside is the 5 years it takes to pay it back. I got the job I wanted when I graduated but initial salary for 12 months was low so I really resented losing 181 pound each month out of my wage. However, I don't regret my decision to take out a CDL, if is the only way to fund what you really want...do it!!!