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    Hey guys, I've applied for student finance as a third year student recently and just saw that my loan has lowered compared to last year by a large amount. Nothing has changed at home income or with me. I just sent in house-income forms. So is there a chance that my loan will change when they proceed my house-income information?

    Also, why is it that the grant takes longer than the loan? I still don't see anything about receiving a grant which hasn't taken this long in previous 2 years.

    Thank you!
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    The loan is lower in your final year.
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    (Original post by Tiger Rag)
    The loan is lower in your final year.
    Pretty sure it's lower, but reduced my a small amount. For example, my friends loan is reduced me £200-300 whilst my one is reduced by £1100 compared to last year.
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    (Original post by SOscar44)
    I just sent in house-income forms. So is there a chance that my loan will change when they proceed my house-income information?

    Also, why is it that the grant takes longer than the loan? I still don't see anything about receiving a grant which hasn't taken this long in previous 2 years.

    Thank you!
    If you've only just sent in your household income info, then I would inagine you have thus far only got the non-income assessed part of the Maintenance payments - the minimum Maintenance Loan and no Grant. The income-assessed parts (more Loan and the Grant) will only be awarded when your household income info has been processed.

    Phone SF to check, just to be sure.*
 
 
 
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