Year 12s: what will be the first way you research your future options? >>

Student finance

Hi

I’ve applied to uni this year but I might drop out of the application process on results day and re-apply for a different uni next year. The student finance deadline is tomorrow and I’ve not completed my application. Before sending anything off I have 2 questions

1. If I apply for student finance now and decide to drop out of the UCAS application process later this year can I also cancel my student finance application properly? Or will it be too late or would I be charged any cancellation fees?

2. The website says that I can still apply for student finance 9 months after the deadline. Does this include maintenance loans or just tuition fees? Will I be at any disadvantage if I do not apply by tomorrow?

Thanks

Reply 1

Clearing and Applications Advisor

Original post by 232CEC

1. Yes. You can cancel at any time Up to the date you’re due to be paid
2. If you apply late then there’s a risk that you will be paid late - if you apply in August then there’s a good chance that you could be waiting until after Christmas to receive any funding. If you can fund your rent and living costs out of your own pocket for a term then don’t rush to apply. If you can’t then get your application in asap. The deadline was the 22 May - 2 days ago. So you’re already applying late. The later you apply the bigger the risk of a late payment.

Quick Reply

Related discussions

Latest

Articles for you

How student finance actually works

Nursing, Midwifery and Allied Health courses

Dependants’ Grants - How to Apply

Disabled Students’ Allowance – How to apply