Your student loan payment will be released once we have advised the Student Loans Company (SLC) that you have completed your enrolment for the current academic year (known as ‘Confirming Attendance’). The College will do this automatically once we have received your electronic file from the SLC and you are regarded as fully enrolled. It is not necessary to present a Student Finance England Entitlement letter or Payment Schedule letter to us to receive your student loan.
To be fully enrolled you will need to have:
- completed Online Sign-up
- completed your Identity Check (new students only)
- provided proof of an agreed loan for fees, or
- paid the full amount of any tuition fee liability you have for 2019/20 or the minimum instalment (50% of tuition fees if the amount is over £2,000) due at the start of the 2019/20 academic year.
And, to be eligible to have your attendance confirmed to the SLC we also need to have:
- received your tuition fee and/or loan information from the SLC, i.e. confirmation that your SLC/SFE application has been fully processed and that your loan should be available for payment. Please note confirming attendance before this step will not result in your loan being paid more quickly.
Once we have confirmed your attendance, your maintenance loan will be paid to the bank account details you provided to the SLC on the first day of term or 48-72 hours after your attendance is confirmed, whichever is later.