Interest Rate
CTC said the interest rate was around 4% at the Stage 2 presentation, but this has probably increased with the recent base rate hikes.
Worth finding out from CTC whether the Airline's repayments are to cover the entire 60K + Interest then? If yes, then that would be fine, no sweat. If the repayment's fixed at £1000 per month, that's a different deal.
I am assuming here that if you take the 4k for the foundation plus the 10K living for two years, you'll be paying compound interest on the whole lot. On joining the airline and commencing repayments, you'll then personally have to pay back the 14K + interest. That's just like being a student again.
Which branch of HSBC do you have to go to for th loan/interview?