Student Finance Applications - Q & A

A tip: sending your stuff to the Glasgow office rather than the Darlington one seems to get things processed a lot faster.



I have a problem of my own though, that hopefully someone can help me out with.

I'm a little confused on my notifcation letter.

Tution Fees

Course fee amount as stated on your application £3225
Maximum loan £3225
Loan requested £3225
Loans to be paid (this will be paid directly to your university/college) £3225
The amount you need to pay your university/college £0

Maintenance Loan

Basic loan (non-income assessed) £4988
Plus loan subject to income assessment £1940
Less loan substituted for grant* £1453
Less assess contribution to living costs £0

Maximum loan available £5475
Loan to be paid £5475

Supplementary Grants

Maintenance Grant £2906

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I don't understand why I have so many different maintenance loan figures - I don't know where the numbers are being plucked from! It seems that I've got a maintenance grant that fits my parents income (£2906) but I have no idea how that realtes to the figures above it.

But my main worry was that there is no mention of a bursary from the university on this lsit. I said on my application that SF England can share the info with my university - I am eligible for a maintenance grant so I should be eligible for a bursary, yet that is not listed in the tuition fees category. Should it be?

Thanks

Your university will pay your bursary (which are you going to?) so I don't think it will be there.

You're getting your tuition fee loan (3225) paid to your university.

You're getting 5473 maintenance loan and 2906 maintenance grant. Congrats! You are sorted

Thanks for clearing that up - I'll get in touch with the university just to be sure, but I was just a little worried looking at the form.

So I will have to pay, maintenance-wise, £2567 (£5473-£2906), this year?

Your getting the £3225 paid straight to uni for tuition, and you are getting £4510 in a loan and £881 in a grant - so £5391 maintenance in total.

The *'d bit is what's been substituted for a grant. Basically they'll reduce your loan by £1 for every 50p grant you get (or the other way round, if you can make sense of what i'm saying), roughly, up to a certain amount. It's slightly confusing but the top two values are from non income assessed income assessed - the original loan amounts. Then they're just taking 400 quid off you in loan and giving you 800 quid in grants instead

The weird thing is, I sent it on paper. But the woman said that they recorded it as an online application in their database. Should I send it back anyway?

I don't know if this is the right place to ask-if someone could help I would be VERY greatful.

I logged onto Student Finance Online this morning to find out that i've FINALLY been assessed, yay! However, it says in my notifications part (it wont let me open the GIF formats) that i will be receiving in the post one letter that says I need to enter bank details and one letter that states the grant and loan i will get. i know this sounds like a silly question, but with the bank details does this now mean i have to go and open a student account ASAP and fill these details in online? Do i have to do this before I send back my signed declaration form which states my loan/grant amounts?


thanks to anyone who can help

you have to make a bank account, without it you wont be able to recieve the money. You expect they send it to you in cash? Well ask you parent, im sure you have SOME sort of savings account.

On my final financial notification it says I get the full £3225 tution fees loan, and for maintenance loan I get £3564 (non income assessed) but £0 (subject to income assesment) so what does that mean?! I thought mine was income assessed as family income is less than 25k. I also thought I was entitled to a £1500 bursury ... where do I get that from?!?! Arrrggh, Please help x

i wasnt asking whether you did or didnt need to have a bank account, im not that stupid. i was asking whether i needed to open the account before i sign my agreement cos im assuming the money will go directly there as soon as you sign it.

if someone could help that would be great

You don't get the money til you enrol at your Uni in Autumn.

thank you