When do I have to start applying for a student loan for uni?

Question

I'm starting uni this year (UK) and I don't know what month you have to apply for the student loan.

Answer 1

The form you need to apply (PN1) is expected to be at local authorities in late Feb, you can either contact them direct and they'll post you a form or you can download one or apply online at www.studentfinancedirect.co.uk

The deadline (depending on what type of support you're applying for) isn't until the end of June however the sooner you get your form in the quicker you'll have a decision. The standard turnaround time is about 6 weeks however if you leave it until last minute you may find you won't get your decision until just before you go which will leave you with little time to prepare. Also be aware that a high percentage of forms have errors or queries on them which can delay the process if yours is't received until late.

Many local authories post the forms out direct to schools/colleges and carry out presentations. If your's does then go along as the form can be quite daunting. If you have any questions try the website listed above or give your local authority a call.

If you have any other questions post them on here and i'll try to help.

Answer 2

you have until the end of august this year. therefore you have plenty of time. however, i'd advise you to apply as earlier as possible, if you want your student loan to arrive on time. remember though that once your application has been accepted and you have received written confirmation of this by receiving a letter from the student loans company you cannot access your student loan through your bank account, until you've fully enrolled on your course during september. when you go to your uni, show them the payment schedule letter AND the letter from the SLC confirming they are paying for your tuition fees. hope this helps

Answer 3

Contact your local education authority and leave your details, they will post you an application form out when they are issued in your area or your college may have some. The sooner you complete it the better as it means if successful your payments can be made on time.

Answer 4

im going to univ this year as well. they say once youve sent back your acceptance you should apply straight away through your LEA for higher education funding. maybe sooner when youve applied. you have to do it quickly in order for the finances to be sorted out in time for the new term. i believe its by may at the latest but check! the student loans company in glasgow deal with all finances, so it might be worth checking out their website or contacting the department for education services to put your mind at rest. im going part-time so im in the process of getting the application forms although ive been accepted. my advice is a.s.a.p!! good luck at univ.

Answer 5

Don't bother at all.
Education is a waste of time in this country.
Everyone has a degree these days due to A level's being so easy to pass. Let's face it, the only people with money are the one's who gained the degree of life.
Most of my friends with degree's earn less than those guys I know who dropped out of school at 15. There's no point putting yourself under stress for just a few quid that you wont be able to repay.
I know this girl who hung herself because of the stress of the student debt.

Answer 6

I would start doing it now and get in early, they take ages to come back to you. I think the deadline is march but don't take my word for it. Website below has all the information

Answer 7

Normally your school or college tells you and helps you with everything you need. You could do it now. I think I did mine in March when I applied.

Answer 8

ASAP! It takes ages to come through - you can always refuse it at the last minute if you no longer need it

Answer 9

ASAP! its a long process. I say february. They can be a crock to deal with.

Answer 10

this site has the answers you are looking for

http://www.thestudentloanconsolidationguide.com