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Wales - Apply for Maintenance Loan

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Procedure[edit]

Apply Online: This is the quickest and simplest way to apply for student finance

  1. Register with Student Finance Wales. When register youll be given a unique Customer Reference Number (CRN) you must make sure you take a note of this as youll need it for the duration of your study. Your CRN will remain the same and in use until your loan is repaid in full or written off.
  2. Log in into your student finance online account and submit your application.
  3. Submit all the necessary evidence.
  4. Sign and return the Student Finance Online Declaration Form that they will send to you by post.

When you register you will be asked to provide an email address. Student Finance Wales recommend you use your personal email address, not a university or college email address, as they may need to contact you outside of term-time. You can use your email address/CRN to log in and apply for support or check the progress of your application.


Maintenance Loan: If youve already applied for student finance, the quickest and easiest way to change the amount of Maintenance Loan you want to borrow is to log in to your online account.


Paper Application: In case you can not send an application online, you can complete and return the Maintenance Loan Request Form.

You may also contact Student Finance Wales 0300 200 4050 to request a copy of the latest form.


Receiving the loan amount

The Maintenance Loan is paid directly into your bank account at the start of each term. This will only happen after youve registered on your course and your attendance has been confirmed by your university or college.



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Required Documents[edit]

  • Identity evidence: You can confirm your identity by providing your passport number on your application. If you haven't included your passport details in your application youll need to send in a UK Passport Details Form. Student Finance Wales recommend that you send in your original passport as evidence of your identity, but you can choose to send in your Birth or Adoption Certificate instead. To know more
  • Additional requirement: Student Signature Form



Office Locations & Contacts[edit]

Student Finance Wales
Telephone 0300 200 4050
Minicom 0300 100 1693

Opening hours are:
Monday to Friday 8am to 8pm
Saturday 9am to 1pm
Sunday Closed

PO Box 211
Llandudno Junction,
LL30 9FU

Website



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Eligibility[edit]

Before you receive any funding for your higher education course at university or college youll need to meet certain eligibility criteria.


Nationality and residency status:

You can apply if you meet ALL of the following three conditions:

  1. you're a UK national or have 'settled status' (no restrictions on how long you can stay);
  2. you normally live in Wales on the first day of the first academic year of the course (usually before 1 September); and
  3. you've been living in the UK for 3 years before starting your course.

To those who do not meet all of the three conditions: you can still apply for support if you meet the requirements of one of the other UK residency categories listed:

  • you're an EU national, or family member of an EU national;
  • you're a refugee;
  • you're under humanitarian protection (as a result of a failed application for Asylum);
  • you're a migrant worker;
  • you're a child of a Swiss national; or
  • you're a child of a Turkish worker

You must also normally be living in Wales on the first day of the first academic year of the course.


Your course:

  • First Degree eg Bachelor of Arts, Science or Education (BA, BSc or BEd)
  • Foundation Degree
  • Certificate of Higher Education
  • Diploma of Higher Education (DipHE)
  • Higher National Certificate (HNC)
  • Higher National Diploma (HND)
  • a Postgraduate Certificate of Education (PGCE)
  • Initial Teacher Training (ITT)


Student Finance Wales does not fund postgraduate courses unless they lead to a qualification in Initial Teacher Training.

If you are planning on applying for a second undergraduate degree, funding is available for some courses, in subjects such as medicine or dentistry.

Disabled Students Allowances (DSAs) are available for certain postgraduate students that have a disability.


Your university or college: Applicants must be studying a designated course at a publicly-funded university or college, unless you are studying a specifically designated course at a private university or college.

Private universities and colleges can set their own tuition fee level and there is no restriction on the amount they can charge. A course at a private university or college needs to have been specifically designated by the Welsh Government in order to attract student support. You can apply to Student Finance Wales for a maximum Tuition Fee Loan of 6,000 but you wont be eligible for a Fee Grant.


Your age: To qualify for a Maintenance Loan you need to be under the age of 60 when you start your course.

There's no upper age limit to qualify for grants or a Tuition Fee Loan.


In case you are not sure if you are eligible to apply for a loan, you can get in touch with Student Finance Wales on 0300 200 4050.



Fees[edit]

Explain the fees structure which is required for obtaining the certificate/document.



Validity[edit]

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever



Documents to Use[edit]

Maintenance Loan Request Form 2015/16


You may also contact Student Finance Wales 0300 200 4050 to request a copy of the latest form or check their website.



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Sample Documents[edit]

Please attach sample completed documents that would help other people.



Processing Time[edit]

Please explain processing time taken in obtaining the document/certificate.



Related Videos[edit]

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Instructions[edit]

Maintenance Loan: May be based or not based on household income.

New Students:

  • Maintenance Loan (based on your household income):
    • Your living arrangements during term-time: Maximum Maintenance Loan available
    • Living at the parental home: 4,162
    • Living away from home and studying at a university or college outside London: 5,376
    • Living away from home and studying at a university or college in London: 7,532
    • Studying overseas: 6,410
  • Maintenance Loan (not based on household income):
    • Your living arrangements during term-time: Maximum Maintenance Loan available
    • Living at the parental home: 3,121
    • Living away from home and studying at a university or college outside London: 4,032
    • Living away from home and studying at a university or college in London: 5,649
    • Studying overseas: 4,807


Continuing Students:

  • Maintenance Loan (based on your household income):
    • Your living arrangements during term-time: Maximum Maintenance Loan available
    • Living at the parental home : 4,027
    • Living away from home and studying at a university or college outside London: 5,202
    • Living away from home and studying at a university or college in London: 7,288
    • Studying overseas: 6,202
    • This doesnt include students in their final year, whose maximum entitlement is lower.
  • Maintenance Loan (not based on household income):
    • Your living arrangements during term-time: Maximum Maintenance Loan available
    • Living at the parental home: 3,020
    • Living away from home and studying at a university or college outside London: 3,902
    • Living away from home and studying at a university or college in London: 5,466
    • Studying overseas: 4,652

If your course is longer than 30 term-time weeks and 3 days, you can get an extra amount of loan for each week to help with your living costs

Note: The amounts are for academic year 2015/16


Loan Interest: Youll be charged interest on your Maintenance Loan from the first day the money is paid into your bank until the loan is repaid in full or written off. The current interest rate for Plan 1 Income Contingent Repayment loans is 1.5%. To know more


Deadline Dates - see link to know when you should apply.

Note: You can apply up to 9 months after the start of your course. If you apply after this, then theres no guarantee youll receive any funding.



Required Information[edit]

A list which displays the kind of information which is required to complete the procedure.
e.g.
1. Date of Birth.
2. City or County of Birth.



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Need for the Document[edit]

Following is a procedure on how students can apply for a Maintenance Loan.



Information which might help[edit]

Welsh Partial Cancellation of Maintenance Loan

If you take out a Maintenance Loan you could have up to 1,500 cancelled from your student loan balance by the Welsh Government when you start repaying. You must have taken out a Maintenance Loan through Student Finance Wales in any academic year from 2010/11, 2011/12, 2012/13, 2013/14 or 2014/15 to qualify for this.

You wont be eligible for partial cancellation if you have any outstanding charges, costs, expenses or penalties in relation to your loan or if youre in breach of your loan agreement.

To know more



Other uses of the Document/Certificate[edit]

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.



External Links[edit]

  • Student Finance Wales - Website:
http://www.studentfinancewales.co.uk/new-students/201