Student finance and re-applying to uni

Hi all, I started uni in Sept 2024 and now I'm planning to drop out (this decision is final). I've reapplied for uni for the 2025/26 academic year but I was wondering if Student Finance Wales would even give me anything if I've dropped out before? I've looked for the answer on their website but I couldn't find anything, so was just wondering if anyone who has been in a similar position knows anything.

This depends when you plan to leave your current course.

ASAP. My only concern currently is finding a replacement for my accommodation since I don't wanna have to pay another 2.3k from my tenancy agreement after I drop out since student finance wouldn't cover it.

Would they not support me if I drop out later?

It’s not that they wouldn’t support you it’s just that the whole process is different if you complete the year and then move to a new course after the summer.
If you leave your course before the end of the year then:
- your tuition fee loans paid so far (50% of the annual fee) will be added to your student loan debt to be repaid when you earn over the repayment threshold.
- your term 1 maintenance loan instalment is the same.
- SFE will be in touch to let you know how much of your term 2 maintenance loan instalment is classed as “overpaid”. SFE will ask you to contact them to repay this amount asap (but at a rate that will not place you into financial hardship). It is very important not to ignore the letter about arranging this overpayment. SFE aren’t ********s but if you don’t talk to them then they can’t adjust things to something affordable. The not overpaid proportion of your term 2 maintenance instalment will be added to your standard student loan debt.
- your term 3 maintenance loan instalment will be cancelled
- you will need to apply for student finance for 2025/26 as a NEW student. Which means providing proof of entitlement again. When you apply you will need to list your previous university study on your application.

So I would be able to pay off any overpaid maintenance loans over time instead of all at once? I'm planning to get a job during the time between dropping out and going back to uni so it would be helpful if so.

And tysm, your response has been so helpful