Student Loans Company text messages

September 6, 2011

The Student Loans Company (SLC) are sending a text message to customers to let them know when their student finance payment will be in their bank account.

The Student Loans Company (SLC) are sending a text message to customers to let them know when their student finance payment will be in their bank account.

From Tuesday 6th September 2011, customers will receive a text message the day before their student finance is paid. This text message will be sent to all customers who have provided the SLC with a mobile number. The content of the text message will read:

“Your student finance will be paid into your bank tomorrow”

This message will be sent from Student Finance England, Student Finance NI or Student Finance Wales.

If you are expecting an SLC payment, please remember:

  • The first instalment of your student finance will only be released after you have registered with the university or college
  • The university has to confirm your attendance with Student Finance England, Student Finance NI or Student Finance Wales
  • Student finance payments will be in your bank two to three working days after Student Finance England, Student Finance NI or Student Finance Wales receive this confirmation of attendance
  • You will not receive any money prior to course start
  • The Tuition Fee Loan is paid directly to the university or college on your behalf.
  • The Maintenance Loan, and any grants that are due, are paid directly into your bank account.

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