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Apply for bursaries before getting a LOC


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I want to apply for bursaries first, since obviously any money I get from bursaries would be better than taking money from my LOC. In this case, should I apply to a bursary first, get the results for my bursary, THEN apply to a LOC? Can schools tell if you get a LOC or not, or will getting a LOC first hinder my bursary application?

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