In the coming weeks the Student Loans Company (SLC) will distribute over £2 billion in Maintenance Loan funding to over 1 million students across the UK – supporting a record number of students to access opportunities in higher and further education.
With the new academic year almost ready to start, SLC is urging students in Wales to get ready for the first payment by following our top tips.
Make sure you’ve submitted your application and provided any evidence you have been asked for:
Sign in to your online account and check your to-do list is complete. If your ‘to-do list’ isn’t showing, this means you have no actions. Most evidence can be uploaded online, Please only provide evidence you are specifically asked for.
Prepare parents and partners too:
Parents and partners may also be asked to provide financial information and evidence. They should do this through their own online student finance account which they can set up at www.studentfinancewales.co.uk. They don’t need to upload any evidence, especially not P60s, unless we ask for it – otherwise it’ll take longer to process your application if we receive information that’s not required.
Check your bank details and National Insurance Number are correct in your online account:
If you need to update your bank details, make sure you do this at least 4 days before your payment date. It’s important that the details are correct to ensure your money goes to the right place.
Register on your course: