Your payment status is confirming that it is in progress to be paid into your account on the 07/01/2019.
Hope this helps.
If this is the case then on student finance page it should not say "payment in progress" funds should be in bank within 2-3 days if that is not the truth
When a payment has been released, the status it will be in is "In Progress" as there is no other status it can be in. Funds should be available in the student's account in 3 to 5 working days from day of release. This is determined by payment clearance and whether a bank holiday will interrupt the payment.