Student Finance: Non Graduate IC Statement

Thats what's been sent to me according to my online correspondence section of the student finance Wales website.

Right basically, I know it isn't good news - but has anyone got a clue what it actually is ?? It's been sent to my home address so I won't have it forwarded for a few days... I went to University last year, but left after the first year, I've filled in all the correct forms, and applied for finance at my new University..

Up until a few days ago it had listed my new uni and the status had been "Assessed", now its dissapeared, and I've been sent this Non graduate IC Statement, which leads me to think somethings gone wrong down the line...

I was half expecting things to balls up tbh, so I'm not in a panic.. But I will need that money eventually. Second year running my LEA has pissed about with me :mad:

Reply 1

tbm

If you are a continuing student or have studied at uni before, I believe it is a statement showing how much interest you have accrued, etc.

Dont worry about it, if your online application said assessed then Im sure it has been, hopefully you should receive some sort of notifcation soon if you havent already. If not, phone them up and ask. Dont take any notice of the dates on the correspondence thing though, they are always wrong, apparantly I was sent something on 11 sep but still havent had it, when I phoned up to ask about it they said it had actually been sent on 21 sep.

Reply 2

abertoon

Nice one - cheers for the info. Will post up what it is exactly when it comes-

Aye come to think of it, according to the site I had a cofirmation letter sent 11 August, and I got it not long ago..

Reply 3

markiejohno

yeah ive just checked whats been sent to me too, and the ic statement is what i have, ive just started my second year, but none of my friends have got this statement :-S. still no loan confirmation yet though:-(

Reply 4

Rose-Red

Hey, sorry for bringing up an old topic, but I also checked my correspondence online and it says that I was supposed to receive this Non Gradute IC statement. Does anyone know what it means? I've got my loan approved though.

Reply 5

_Shanice_

I'd like to know what this Non Graduate IC Statement is as well. It says in the correspondence section of my student finance info that it was sent out on the 17th september, but I am yet to receive it and can't view it online in gif format, so I'm rather confused about this :-S I've already had my first loan payment though and my future payments are still approved, so is it just literally as someone said earlier to show you how much interest you have accrued? If someone answers this can you please quote me otherwise I won't read it, thanks.

Reply 6

ASCIIcipher

Non Graduate Income Contingent statement = annual statement sent out showing your current student loan debt

Graduate Income Contingent statement = same thing (but you'll get it when you finish uni)

INCOME CONTINGENT REPAYMENT

It has nothing to do with the status or progress of any recent applications for funding.

Hope that helps.