When your loan payment will be available
As soon as you arrive in the UK, we recommend that you open a UK bank account. UKCISA (UK Council for International Student Affairs) has information on how to open a bank account in the UK on their website.
Once you have opened your bank account, please provide us with your account details – bank, address, account number and sort-code. This means that when your first instalment of loan is ready we can pay you straight away.
If you don’t set up a UK bank account in time, your loan will be paid to you by GBP check. This will take longer to clear than a direct bank payment so you should budget your living costs accordingly.
If you did not get your completed application pack to us before 1st September, your loans may not be available until the end of October.
If your loan disbursement is not enough to cover one third of your tuition and one third of your UL hall fee (if applicable), then there may not be a payment made to you.