Useful tips

What month is the last SAAS payment?

What month is the last SAAS payment?

SAAS payments usually finish in May around the end of the academic year leaving students without any income in the summer months until mid-September.

How do I find out how much I owe SAAS?

Log in via Gov.uk to manage your student loan balance. If you applied for student finance via the Student Awards Agency for Scotland (SAAS), you need to log into the SAAS portal. You will need your customer reference number (CRN) or the email address you signed up with.

How often is student Finance paid?

three times a year
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.

Do you get a double payment of SAAS?

SAAS will put the bursary or grant into your account in monthly instalments – the first instalment is a double payment.

How often is a SAAS bursary paid?

SAAS payments are generally made on 7th of each month or the closest banking day.

Do I have to pay back SAAS tuition fees?

Tuition fees are free because of the government body, Students Award Agency for Scotland or more commonly recognised as SAAS. Loans provided by SAAS that cover student’s tuition fees do not need to be paid back.

Can student finance pay me early?

It’s a new feature called Get Paid Early, and it means you can you get your student loan paid into your Monzo account the day before it’s meant to arrive. So whether you need to get stuff sorted before term starts or just want get your cash a day before your friends – read on to find out how it works.

How long does SAAS take to make a decision?

For HN students, The Student Awards Agency for Scotland (SAAS) takes up to 6 weeks to process funding applications (depending on the time you apply).

Can I apply for SAAS twice?

Most students are eligible to apply annually to SAAS for a student loan to help with living costs. You can apply for a loan at the same time as you apply for funding for your tuition fees or you can apply later in the academic year.

When do I get my SaaS payment in December?

SAAS payments are generally made on 7th of each month or the closest banking day. In December 2019 the payment will be made on December 6th as the 7th falls on a Saturday. What’s the difference between SAAS and the Student Loan Company?

When do I get my SAAS Award letter?

Once your application for tuition fees, bursaries and/or living cost grants has been approved SAAS will send students an award letter detailing the amount and payment dates. SAAS payments are generally made on 7th of each month or the closest banking day. In December 2019 the payment will be made on December 6th as the 7th falls on a Saturday.

Who is responsible for the payment of SaaS?

SAAS are responsible for the payments of tuition fees, bursaries and living-cost grants while the Student Loans Company is responsible for the payments of student loans. The Student Loans Company (SLC) is responsible for payments of student loans.

When does the SLC payment schedule come out?

SLC payment schedules are issued to students one month ahead of the beginning of their course. According to SAAS, “Generally, payments are made on the same dates as bursary or grant payments from SAAS.” What should a student do if a loan payment doesn’t come through?