Full-time Maintenance Loan

How it's paid

Maintenance Loans are paid directly to the student three times a year, normally around the start of each term.


The student must have a UK bank or building society account in their own name and they'll need to register at their university or college before we can make their first payment.


Payment status 


When students are logged into their online account, the ‘Your finance’ page will show a status next to their payments.


Awaiting confirmation – We’ll pay the student once their university or college has confirmed they’ve registered for their course.


Scheduled – We’ve got all their evidence and their loan has been approved for payment.


Payment in progress – Their payment is on its way. It usually takes up to three working days to reach their bank account.


Blocked – The student may still need to provide their bank details, or we may be confirming their National Insurance number. It can take up to two weeks to confirm their National Insurance number.


Failed – Their payment was returned to us – they need to check their bank details are correct.