Student Finance England offers you loan for your higher studies that is when you are in a university or college. It becomes very difficult to pay for the tuition fees as well as to pay your living expenses. Here comes the role of Student finance. Planning to go to university this year? Then you should surely apply for the Student finance to ease your burden of fees and other expenses.
Know The Opportunities!
You will get a range of finance which are there to help you with the University costs that also includes tuition fee loans and maintenance loans in order to help you with your living while you are studying. Universities and colleges in England can charge up to £9,000per year depending upon the course you are studying. These loans you can repay only after you have completed your University or college and you are able to earn above £21,000. You can also get help with living costs such as bills and rents.
If you have children or dependents, then you can get additional benefit of the maintenance grant and extra support. Under such circumstances it will be more profitable to you.
Applying For The Student Finance
The company of Student Loans develops application forms for the students in England and Wales. You can easily apply online from the website of Student Finance. At first, set up a student finance online account. Then log in to your account and fill up the online application. Mention the details of your household income and try to get your parents or partner to support you if required. You might have to send for the identity proof if asked. After that you will receive a loan declaration within 6 weeks which you need to sign and return.
If you are facing problem to apply online, you can use the form finder to get the forms you require. You can also call Student finance England if you cannot access without help.
Getting Your Funds
Once you have filled the application form with the necessary details, your form will be assessed by the Student Loans Company. Then you will receive a letter which will show you how much funding you have received. Then you can check your account for the payment dates. It is very important that your bank details are provided correctly and if updating is required then it should be before five working days before payments are done. If it is not the case, then the amount you receive may not be correct.
Always keep in mind the email address that you use when applying for student finance and don’t forget your password. You can take the help from the official website which will help you if want to know further details. So, these were some very easy steps to apply for Student Finance. If you are thinking of going to the university or college, it is advisable that you take loan from Student Finance which you will have to repay after the completion of your studies.