spacenerd98
Badges: 4
Rep:
?
#1
Report Thread starter 2 years ago
#1
I was looking on the student finance website and it says that to apply for finance, i need a bank account. But looking online you need to have an offer/guaranteed finance to apply for a student bank account? Wondering how other peoples finance applications worked?
0
reply
Tiger Rag
Badges: 22
Rep:
?
#2
Report 2 years ago
#2
You can apply for student finance using a current account. Your bank account just needs to accept BACS payments, which current accounts do.
0
reply
Klix88
Badges: 17
Rep:
?
#3
Report 2 years ago
#3
(Original post by spacenerd98)
I was looking on the student finance website and it says that to apply for finance, i need a bank account. But looking online you need to have an offer/guaranteed finance to apply for a student bank account? Wondering how other peoples finance applications worked?
You apply for SF as soon as applications open, usually around February, leaving the bank account details blank. Once you have firmed your uni place, you apply for your student bank account, then log back into your SF application and enter the new account details at some point over the summer. As long as your bank account details are in your SF application, say, at least three weeks before your first payment is scheduled, you'll be fine.

You don't need a bank account in order to apply for SF. You just need to have a bank account in time for your first SF payment.
1
reply
spacenerd98
Badges: 4
Rep:
?
#4
Report Thread starter 2 years ago
#4
(Original post by Klix88)
You apply for SF as soon as applications open, usually around February, leaving the bank account details blank. Once you have firmed your uni place, you apply for your student bank account, then log back into your SF application and enter the new account details at some point over the summer. As long as your bank account details are in your SF application, say, at least three weeks before your first payment is scheduled, you'll be fine.

You don't need a bank account in order to apply for SF. You just need to have a bank account in time for your first SF payment.
Thank you so much!
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Back
to top
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

University open days

  • Bournemouth University
    Midwifery Open Day at Portsmouth Campus Undergraduate
    Wed, 16 Oct '19
  • Teesside University
    All faculties open Undergraduate
    Wed, 16 Oct '19
  • University of the Arts London
    London College of Fashion – Cordwainers Footwear and Bags & Accessories Undergraduate
    Wed, 16 Oct '19

How has the start of this academic year been for you?

Loving it - gonna be a great year (126)
18.1%
It's just nice to be back! (192)
27.59%
Not great so far... (250)
35.92%
I want to drop out! (128)
18.39%

Watched Threads

View All