Apply now for finance as the application service launches for 2022 to 2023
Full-time undergraduate students in Wales are being encouraged to apply now for student finance.
Full-time undergraduate students in Wales are being encouraged to apply now for student finance, as the application service opens for the 2022 to 2023 academic year. The Student Loans Company (SLC) expects approximately 1.5 million full-time, undergraduate students to apply for funding this year and the advice is to get applications in early.
Students in Wales can apply for a Tuition Fee Loan to pay for tuition fees and a Maintenance Loan and Grant to help with living costs. By applying before the deadline (27 May 2022 for new students and 17 June 2022 for returning students) students can ensure they will have their finance in place for the start of term. Even if they are unsure of what course they will be doing or what university they will be attending, SLC is still encouraging students to apply now.
Applications can take six to eight weeks to process. Students can check their application status online and view a ‘to do list’ of any outstanding actions they need to take.
Chris Larmer, SLC Executive Director of Operations, said: “SLC exists to enable opportunity for students to invest in their futures through access to further and higher education. We want students to get their higher education journey off to the best start by ensuring they have their finances in place at the start of term. That’s why we are encouraging them to apply now for their student finance.
“We want to make it as easy as possible for students to access student finance and to support them resources are available online at https://www.studentfinancewales.co.uk/discover-student-finance. They can also follow Student Finance Wales (SFW) on Facebook and Twitter for all the latest student finance information.”
To help students apply for student finance we have provided the tips below:
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Apply Now
Apply as early as possible to make sure your finances are in place before your studies start. The deadline to apply is 27 May for new students and 17 June for returning students. Even if you don’t know what course you’ll be studying, you should still apply now using your preferred choice and update your application later if you need to. This is the best way to make sure you have your money when you start your course.
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Don’t call us – we’ll contact you!
Remember it can take 6 to 8 weeks to process an application. There is no need to contact us during this time to check on your application status. We will contact you if we need anything further. Applicants can also check their application status online and view a ‘to do list’ of any outstanding actions they need to take.
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Find the answer online first
Take advantage of the information and resources provided online at https://www.studentfinancewales.co.uk/discover-student-finance – these resources are continually updated to respond to the needs of students and their parents and partners as they progress through the application cycle. Students should follow SFW on social media channels (Facebook, Twitter) to stay up to date with the very latest information.
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Make sure you understand how much funding you may be entitled to
Students in Wales can apply for a Tuition Fee Loan to pay for tuition fees and a Maintenance Loan and Grant to help with living costs. Visit the SFW website to find out what’s available. Watch the Discover Student Finance film to find out more.
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Have your important documents at hand
Have your National Insurance number,UK passport details and bank details to hand before you start your application as you will need this information when you apply.
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Provide your supporting evidence online
Don’t forget to submit any evidence you’re asked for. All evidence apart from some ID or residency evidence can be submitted digitally via your online account.
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Make sure you tell us if you have studied before
If you have studied before it could affect your eligibility – even if your previous course was self-funded. Make sure to submit your application early so your entitlement can be confirmed.
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Check if you are eligible for extra support
There may be some circumstances where you are able to access extra money, for example if you have a disability, or have children. Find out more: https://www.studentfinancewales.co.uk/discover-student-finance
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Follow Student Finance Wales (SFW) on social media.
Students can get all the latest information on student finance by following SFW on Facebook and Twitter.