Stu­dents urged to fix their fi­nances

Runcorn & Widnes Weekly News - - Yourviews -

THE Stu­dent Loans Com­pany (SLC) has urged young schol­ars from Run­corn and Widnes to make putting their fi­nances in shape for 2017 a New Year’s Res­o­lu­tion.

The com­pany has come up with tips to help those just en­ter­ing higher ed­u­ca­tion and those re­turn­ing af­ter the win­ter break to make their ap­pli­ca­tion process for as smooth as pos­si­ble.

An SLC spokesman said stu­dents just be­gin­ning their course should make an early start on find­ing out what fund­ing could be avail­able at stu­dent­fi­nance or stu­dent­fi­nance­, look into main­te­nance loan el­i­gi­bil­ity, dig out their Na­tional In­sur­ance num­ber and pass­port de­tails to have them to hand and keep a note of the email ad­dress they use when ap­ply­ing and in­vent­ing a mem­o­rable pass­word.

He said re­turn­ing stu­dents should col­late any de­tails that have changed since last y year,, in­form Fi­nance Eng­land right away – the fastest way is on­line, be­ware of fraud­sters try­ing steal stu­dent fi­nances by send­ing phish­ing emails claim­ing to be from SLC or Stu­dent Fi­nance Eng­land, send any sus­pi­cious emails to phish­ and never post bank de­tails on­line or dis­close them in an email or text.

Par­ents and part­ners can do their bit for loved ones by pro­vid­ing any ev­i­dence if re­quired as a spon­sor and sub­mit it quickly, pro­vid­ing fi­nan­cial and per­sonal in­for­ma­tion.

In­cor­rect in­for­ma­tion can jeop­ar­dise ap­pli­ca­tions.

Derek Ross, SLC cus­tomer ser­vices and op­er­a­tions di­rec­tor, said: “We are ex­pect­ing to process al­most 2m ap­pli­ca­tions next year, so it makes sense to get your ap­pli­ca­tion in early.

“Even if you don’t have a place on a con­firmed place on a course you can still ap­ply for fund­ing when the ser­vice opens early next y year.” ●

Stu­dents need to make sure their fi­nances are in shape

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