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Can Student Finance change the amount of my loan/grant? Half way through the year. Watch

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    Right, student loan day on the 8th and all I received was £1000, not even enough to cover rent. I went online to student finance and their figures are totally different to the figures I was sent by post at the beginning of the year. By exploring student finance site, they have apparently sent me a letter (which neither me or my mum ever received) changing the amount I was owed.

    Are they allowed to do this? I had based my finances on the figure given before. This included my weekly allowance, the type of accommodation I lived in, socialising money. Now I'm screwed because I have no money!
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    (Original post by kernow)
    Right, student loan day on the 8th and all I received was £1000, not even enough to cover rent. I went online to student finance and their figures are totally different to the figures I was sent by post at the beginning of the year. By exploring student finance site, they have apparently sent me a letter (which neither me or my mum ever received) changing the amount I was owed.

    Are they allowed to do this? I had based my finances on the figure given before. This included my weekly allowance, the type of accommodation I lived in, socialising money. Now I'm screwed because I have no money!

    Yeah they do this all the time. I submitted my finance in Feb 2013, for this year. In Feb 2013 they decided I'm not entitled to a grant and stopped it.
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    Did you argue it at all? Or could you of argued it? Just seems ridiculous that they have the power to change a 'contract' which subsequently screws me over. Not sure how I'm suppose to pay the rent now!
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    Of course they can.If they find you supplied incorrect details they can change it up or down.
 
 
 
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