UCAS application financing help

I recently sent off my UCAS application and chose private finance as the financing option but I've decided I would be better off with a student loan. If the finance option on the application just for data reasons or is it important to find out how to change it and do that?

Original post by dadams1

I recently sent off my UCAS application and chose private finance as the financing option but I've decided I would be better off with a student loan. If the finance option on the application just for data reasons or is it important to find out how to change it and do that?

Hi there,

You would need to contact UCAS regarding this query, as we can only comment on our own Student Finance applications.

Thanks,
Claire

Reply 2

Admit-One

Universities Forum Helper

21

UCAS will confirm that it's just for data collection - it doesn't get passed along to SFE or any other funding body.

Reply 3

PQ

Clearing and Applications Advisor

21

Original post by dadams1

I recently sent off my UCAS application and chose private finance as the financing option but I've decided I would be better off with a student loan. If the finance option on the application just for data reasons or is it important to find out how to change it and do that?

The finance option on your UCAS application is only used by universities to help determine fee status.
You can still apply for a student loan if you've ticked private finance.
When you enrol on a course a university will ask you how you're paying your fees again and at that point you can let them know if you're getting a loan and not funding your fees privately.

Reply 4

dadams1

OP

2

Original post by PQ

The finance option on your UCAS application is only used by universities to help determine fee status.
You can still apply for a student loan if you've ticked private finance.
When you enrol on a course a university will ask you how you're paying your fees again and at that point you can let them know if you're getting a loan and not funding your fees privately.