Girl trying to withdraw money

My student loan hasn’t come by means of

You’ve moved into student lodging, lectures have began, however there’s nonetheless no signal of your student loan. Panic! We clarify what you are able to do when your loan doesn’t come by means of.

Girl trying to withdraw money

Please be in my account, please!

WHY hasn’t my student loan turned up?

There’re numerous causes, together with:

  • Student Finance might simply be behind on processing loans (it often takes six weeks).
  • They might not have all the knowledge they want from you. Check you’ve stuffed in all of your varieties and despatched any additional paperwork they’ve requested for.
  • Remember, it’s a must to re-submit your software yearly. Are you positive you utilized once more?

What can I do to hurry issues up?

Call Student Finance and ask what’s occurring. The numbers you want are:

  • Student Finance England: 0300 100 0607
  • Student Finance Wales: 0300 200 4050
  • Student Finance Northern Ireland: 0300 100 0077
  • Student Awards Agency for Scotland: 0300 555 0505

Will my college chuck me out if I can’t pay my tuition charges in time?

This is extremely unlikely. Student loans, for varied causes, are sometimes delayed, so universities are suggested by the NUS and the federal government to indicate understanding.

Go to your student companies and clarify the state of affairs. Take your varieties and any supporting proof, similar to a receipt, with you to indicate you’ve utilized to student finance.

How do I afford to stay whereas I’m ready for my loan?

Most student bank accounts have interest-free overdrafts, and that is the right time to make use of them. Don’t go too overboard although, bear in mind you’ll should pay it again finally. Read our article on minimising your debt for extra recommendation.

READ:   Looking Over the Average Education Loan Debt Carried by College Graduates and Drop Outs

If you’re actually struggling, might your dad and mom offer you a short-term loan? You can at all times pay them again when your loan lastly comes by means of.

Student Finance have informed me I’m not eligible for a loan – however I’m positive I’m

You would possibly wish to begin by checking that you simply’re positively eligible for a loan right here. If you tick all the precise containers and there’s no motive why you shouldn’t get a loan you’ll be able to attraction.

If you want additional help on this, give us a name on 0808 808 4994. We’re unable to present particular cash recommendation however can information you to the very best locations for skilled help.