Rote 8
30th Mar 2001, 13:36
Folks
I wonder if any of you out there can help me with a query?
I read through the prospectus for the Cabair/KLM sponsorship last night and there is a bonding clause within. Most of you are probably thinking, well of course there was, what did you expect.
My question is have any of you arranged finance to cover a bond and if so how? Naturally I thought about arranging a Professional Dev Loan in principle that I could draw down if required to cover the bond. But thinking about it the only reason you would ever need to take that loan is if you had failed on the course, at which point of course the bank may see it that you have lost the ability to repay the loan that formed the basis of them offering it to you in the first place. If you follow me.
Anyone out there found the finance for a bond care to shed some light on this?
Thanks all.
Also anyone have any thoughts on the likelihood of being accepted given that I presently do not meet the stipulated requirements but were aggreable to getting up to speed before the course start?
Cheers
I wonder if any of you out there can help me with a query?
I read through the prospectus for the Cabair/KLM sponsorship last night and there is a bonding clause within. Most of you are probably thinking, well of course there was, what did you expect.
My question is have any of you arranged finance to cover a bond and if so how? Naturally I thought about arranging a Professional Dev Loan in principle that I could draw down if required to cover the bond. But thinking about it the only reason you would ever need to take that loan is if you had failed on the course, at which point of course the bank may see it that you have lost the ability to repay the loan that formed the basis of them offering it to you in the first place. If you follow me.
Anyone out there found the finance for a bond care to shed some light on this?
Thanks all.
Also anyone have any thoughts on the likelihood of being accepted given that I presently do not meet the stipulated requirements but were aggreable to getting up to speed before the course start?
Cheers