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Student Finance England advises on university funding ahead of new term

The Student Loans Company (SLC) has issued guidance for students regarding their finance applications as the new academic year approaches.

  • Students with unchanged plans will receive updates via their online account.
  • Those changing course or university can update details online without contacting SLC.
  • New applicants for student finance should apply as soon as possible, with processing typically taking four weeks.

The Student Loans Company (SLC) has provided advice for students on managing their student finance ahead of the new academic year. With only a few weeks until term begins, the SLC aims to ensure a smooth transition for those planning to attend university.

For students whose university plans remain unchanged after applying for student finance, the SLC confirms it has the necessary information and will provide updates through online accounts. Payment date updates will follow once universities confirm registration.

Students who have already applied for student finance but need to change their course or university are advised to log into their online account to update their details. This process is designed to be quick and easy, helping to ensure funding is in place for the start of their studies.

Those who have been accepted onto a course but have not yet applied for student finance are urged to do so promptly. The online application takes approximately 30 minutes to complete, with a typical processing time of around four weeks. Late applicants may still receive an initial assessment to provide funding at the start of their course, with any additional entitlement paid later.

What this means for you: If your university plans have changed, you can update your student finance details online. If you haven't applied yet, do so as soon as possible; the application takes about 30 minutes and typically processes in four weeks.

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