Student finance what are everyone's statuses at this moment in time

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Cookies89
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#1
Report Thread starter 3 years ago
#1
Wel mine is still scheduled as I had to tpivide some details what is everyone else's ? 2017 entry
Do you have a date
If so can someone explain to me how it works
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Otherside22
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"Ready to be paid" or "Payments Scheduled", I believe. Dates are shown on the payment page (the days that the Uni has told SFE that terms begin, I believe), however how it works is:

1 -> You go to uni, and register.
2 -> Uni tells SFE that you are attending university.
3 -> Regardless of what the date is (This could be before or after the date shown on the payment page), the fact your uni has said you've turned up somehow triggers the payment of the maintanance loan.
4 -> You recieve a text saying that SFE has sent the payment to your bank account, and the money will be in your account in 3 working days.
5 -> 3 working days later, and the money is there.

You will only recieve the payment if and when Uni confirms your attendance. If, by the expected date, the uni has not done this, you will not be paid.
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Cookies89
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Report Thread starter 3 years ago
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(Original post by Otherside22)
"Ready to be paid" or "Payments Scheduled", I believe. Dates are shown on the payment page (the days that the Uni has told SFE that terms begin, I believe), however how it works is:

1 -> You go to uni, and register.
2 -> Uni tells SFE that you are attending university.
3 -> Regardless of what the date is (This could be before or after the date shown on the payment page), the fact your uni has said you've turned up somehow triggers the payment of the maintanance loan.
4 -> You recieve a text saying that SFE has sent the payment to your bank account, and the money will be in your account in 3 working days.
5 -> 3 working days later, and the money is there.

You will only recieve the payment if and when Uni confirms your attendance. If, by the expected date, the uni has not done this, you will not be paid.
im only getting the tuition fee loan do you know the process of this
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Otherside22
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#4
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(Original post by Cookies89)
im only getting the tuition fee loan do you know the process of this
Tuition fee loans are paid later than maintanance loans (mines going a month later), and go straight to the university. You don't see the money at all. I don't think I've ever even got a text saying that tuition fee loan is being paid.

So long as the university has said you're attending, student finance will pay the university directly when it's time.
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