Kempus,
That's right you don't have to train full time. I got a loan with HSBC towards the end of university and now I'm working full time. In fact, if I remember rightly, I didn't even have to show that I was enrolled on a course, unlike the Career Development loan where I believe the money is paid directly to the school.
As I and others have said on this subject, the response you get back from HSBC seems to depend very much on which branch you go to and what experience they have with the Professional Studies loan for pilot training. Something to bear in mind.
Best of luck.
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