Great new contest gives students the chance to ‘lose their loan’

Students are in with a chance of winning a whopping £9000 in a new contest called the Lose Your Loan Competition. One lucky winner will walk away with £9000 in cash and can use it on what they want. They can pay of their student fees for a year or if they feel they deserve a treat after a hard year of studying they can splash out and treat themselves.

All student have to do to enter is to give the correct answer to an easy, multiple choice question that can be found at, then text your answer to the listed number. This great competition closes on the 1st March and you can enter as many times as you want to boost your chances of winning, This competition is just one of the many great contests and offers available for students on the Blabsta website and you will also find various student discounts that are exclusively available here.

Sanjeev Singh founder of Blabsta, which provides a platform for the latest news, views and deals for students, says “This is our biggest competition yet, and we are thrilled to be able to offer this prize to one fortunate student based in the UK.  Entering is fast and simple, and we promise to never spam entrants or sell personal details to marketing companies.  To enter the Lose Your Loan competition which gives students the chance to repay their student fees, it costs just £1.50 via SMS or thrifty university goers can enter for free by post.

£9,000 is an unbelievable amount of money and will mean a lot to cash-strapped students.  While the competition is advertised as a way to pay off one year’s worth of university fees, the prize jackpot can actually be used as the winner wishes.  A fancy new car or a well earned holiday with friends will no doubt be an option for many students if they choose not to spend the money paying off their debts.”

The online platform for students provides a host of fun and useful tools, including career and finance advice and featured news articles aimed at university attendees.  They host live discussions and forums relating to student issues, and have monthly giveaways with previous prizes including Dr Dre Beats and iPads, and a range of high street gift cards.

Mr Singh added, “This competition is only open for the next month, so don’t delay and enter today! We will be thoroughly delighted to announce the lucky winner on 31 March 2014 and we are looking forward to handing them their prize money.”

For more information about the Lose Your Loan Competition, or other free services provided by Blabsta, visit