The Student Room Group

Post grad loan

Hi
Are these normally paid on time? Mine is due 1st oct but it says allow 5 days.

I've selected sternly payments but if they are on time/early I may switch to monthly but this comes out on same day as loan is due.
If you have a problem with dates, just contact your uni and they will probably allow you to come up with an alternative payment schedule. With a week or two leeway.

That's only if it's a one-off. Probably not gonna let you get away with it monthly.
Reply 2
Original post by Segued
Hi
Are these normally paid on time? Mine is due 1st oct but it says allow 5 days.

I've selected sternly payments but if they are on time/early I may switch to monthly but this comes out on same day as loan is due.


My first payment is due on Oct 1st too but I was warned by the uni that the first payment often doesn't arrive until around the 15th usually.
Mine was supposed to go in on the 23rd Sep, I received a text on the 20th saying that it was going in and to allow 5 working days, and it was in my bank account at 00:10 yesterday morning (22nd Sep). Your Uni can change the payment dates if you ask them too, just say you're worried that your loan won't have hit your account in time.

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