Finance Questions

Archive for May, 2007

Question: Is the money you get from Student Finance England separate to the money received from the Student Loans Comp.?

I have just received my payment schedule letter from the Student Loans Company and it is far less than the money that Student Finance England say I am getting.

Answer: Student Finance England process your application and the Student Loans Company are the ones who pays you.

If there is a difference in the amount it says on your Financial Notification letter than your payments schedule then contact Student Finance England as soon as you can to find out why.

Hope that helps

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Question: What's the difference between business law and Business Finance majors?

I'm a senior in high school and I'm interested in going into business so it would be great to hear from someone who has majored in either one.

Answer: I am an attorney (currently inactive as I no longer need to practice). Business law is not a good undergraduate major. Both entrepreneurs and corporations have their legal matters handled by attorneys. Business law is not a good pre-law major as it concentrates on specific matters which are covered in law school at a much more advanced level. The best pre-law majors are history, classics and English as they teach the critical reading, thinking and writing skills which are required in law school.

Business with a concentration in finance deals with the financial aspects of business--raising and investing money. It is fine preparation for an immediate business career or an MBA degree.

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