Can I cancel student finance on results day?
I am still not 100% sure on university yet, but I want to keep my applications. If I change my mind and decline on results day can I cancel the student loan or do I have to pay?
Reply 1
20
Original post
by Bear2611I am still not 100% sure on university yet, but I want to keep my applications. If I change my mind and decline on results day can I cancel the student loan or do I have to pay?
Yes you can. If you don't enrol at a university, your loans won't be paid out so you won't owe anything.
Reply 2
Hi there,
You can cancel your approved student finance at any time by logging into your account or contacting Student Finance England directly. If you have received any payments, you may have to repay them immediately.
If you are considering cancelling your student finance around results day (usually August), it is unlikely you’ll have received any student finance payments. Meaning you're not likely going to have to make any repayments to SFE.
I hope this helps
Olivia
LJMU Ambassador
You can cancel your approved student finance at any time by logging into your account or contacting Student Finance England directly. If you have received any payments, you may have to repay them immediately.
If you are considering cancelling your student finance around results day (usually August), it is unlikely you’ll have received any student finance payments. Meaning you're not likely going to have to make any repayments to SFE.
I hope this helps
Olivia
LJMU Ambassador
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