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Maintenance Loan paid in / no change in bank balance

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    Hi im a first year student in week 5 of my studies, i applied for a maintenance loan that'll give me about 3600 a year.

    the payments on my online banking as 1260 being paid in but my bank balance hasnt changed, is it normal for this to happen?

    seems a bit odd that i'll have money paid into my account but the balance wouldnt change lol

    Hi there.

    The balance should change as soon as we make a payment to you.

    Only reason this would not change is if your bank has not actually cleared the funds to go into your account, or that the account is overdrawn.

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Updated: October 18, 2016
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