Q. What triggers the release of my maintenance loan from SLC?

What triggers the release of a student’s maintenance loan?


Answer

New Students – If your loan application has been finalised and you have your payment schedule, then once you have completed registration and collected your ID card the loan will normally be paid into your account 3 working days later. Please note, however, that you will not receive payment prior to the dates on your schedule.

Returning Students - If your loan application has been finalised and you have your payment schedule, then once you have completed registration you should receive payment on the scheduled date.

Please note if you have not signed your declaration that was part of your loan award and returned it to the SLC you will not receive payment regardless of your registration status.

  • Last Updated Oct 14, 2017
  • Views 7
  • Answered By David Hamilton (askUs)

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