How long after a loan is approved is it paid? Watch

costumable
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Report Thread starter 4 years ago
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Hello,

I have had to re-take a year and as a result have only recently got everything together in order for payments to be approved etc, and the first payment to my university has been made, however my first maintenance loan was due yesterday and its status is currently "approved". Does it still require processing?:confused: or will i get it within 4-5 days? I need to buy food (have already paid my first terms rent) and pay for travel.

many thanks
a very distraught costume student
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Mark Lee - SFE Official Adviser
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Hi There,

This means we're waiting on your university confirming your registration before payments can be paid to you.

Speak to your university and ask that they confirm your registration.

Once this has been received we'll release your payment and your payment status online will change to prepared and then submitted.

Thanks
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costumable
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(Original post by Mark Lee - SFE Official Adviser)
Hi There,

This means we're waiting on your university confirming your registration before payments can be paid to you.
do they not already have confirmation if they have made a payment to my university?

thanks
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Mark Lee - SFE Official Adviser
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Hi,

There are two types of confirmation:

Registration - which allows us to release funding to students themselves, and

Attendance - which allows us to release fees to the college/uni.

So they may have done one but not the other.

Thanks
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