Student Loans Company
A-level results day is fast approaching, and the Student Loans Company (SLC) is reminding prospective students going through the Clearing process to apply for student finance.
Students can apply online, and it takes around 30 minutes to complete an application - www.gov.uk/apply-online-for-student-finance
For students who havent applied for student finance
- The message from SLC is clear: submit your application as soon as possible.
- Students can use the application tracker in their online account to view the status of their application at any time, so there is no need to worry or get in touch with SLC for an update on progress.
For students who have already applied for student finance
- Theres no further action needed unless they accept a place through Clearing on a different course, university, or college. If a course is accepted through Clearing, its crucial the student updates their online account as soon as possible.
- Its also important to note that these details must be updated even if their UCAS application has changed, as their student finance application isnt linked to UCAS.
Jackie Currie, Executive Director, Operations at SLC, said: For those still to apply, my message is to get their application in as soon as you can. The sooner you submit your application the sooner we can get your student finance in place.
It can take up to six to eight weeks for an application to be processed. To support students Student Finance England (SFE) will make an initial assessment, so that students have some money as close to the start of their course as possible, with a top of up payment later if they are entitled to more.
Parents or partners of those applying for student finance during Clearing should also respond as soon as possible to any requests to support the application. This could include details of their household income, to ensure the student is awarded the correct amount of student finance. Visit our guide for more information on how to support an application.
To help students who are applying for student finance during Clearing, SFE hasa guide containing useful information including steps they can take to ensure their application can be processed quickly and how to update their details.
This includes information on funding, when payments are made, if a student changes course or if l