What exactly is an urgent situation loan?
A crisis loan might provide assist to pupils who will be experiencing short-term difficulty that is financial who’re having troubles fulfilling their important time to day
residing costs. As a result, the total amount of loan provided are going to be predicated on need plus in any situation is unlikely to go beyond ?250.
Who are able to make an application for an crisis loan?
If you’re a completely enrolled Residence, EU or Overseas pupil and you are clearly experiencing short-term monetary trouble, perhaps you are entitled to submit an application for an crisis loan. It really is expected that pupils will access any authorized overdraft center before using for a financial loan. Take note that how many loans it is possible to submit an application for in almost any 12 month period cannot go beyond three and any past loans which can be nevertheless outstanding
may affect your capability to gain access to funds that are further.
Just how do I make an application for an urgent situation loan?
To try to get an urgent situation loan, you may first need certainly to telephone the learning student Funding office on 024 7615 0096 or e-mail us at email@example.com. In the event that you meet with the eligibility requirements for the loan, a consultation will likely be created for you to definitely go to the workplace in Senate home to go over your needs in increased detail. You’re going to be necessary to bring your University ID card and a mini-statement or internet banking printout showing the present stability on your own primary bank-account. If that loan is authorized, you will gather the funds in cash. A payment date are going to be agreed, often after payment of your instalment that is next of.
Crisis loans could be processed through the following times (except weekends, bank holiday breaks and college closing times):
In circumstances where pupils aren’t able to wait the pupil Funding workplace in person (for instance, during durations of positioning), we might manage to request an urgent situation loan to be compensated straight to your bank-account. To learn more, please contact the scholar Funding workplace.
Can I be charged interest on an urgent situation loan?
Crisis loans try not to accrue interest and so are shown as being a financial obligation to your University on your own Warwick account. Should you feel you need dilemmas repaying your loan, please contact the scholar Funding group to talk about your choices ahead of the deadline.
How do you repay an urgent situation loan?
It is possible to repay your crisis loan in lots of ways:
Face-to-face: scholar Services in Senate home can accept loan repayments by cheque or credit/ debit card between 9am-7pm (to Friday) and 10am-5pm (Saturdays, Sundays and Bank Holidays) monday. Check out the scholar Services website when it comes to many opening that is up-to-date.
On the phone: you are able to phone the learning student Finance automated re payment line on 0330 088 3627 in order to make a repayment by credit/ debit card. Please get University ID quantity handy.
On the web: You could make a repayment throughout your student that is online record.
For those who have any questions concerning the crisis loan procedure or your eligibility, please contact the scholar Funding group on 024 7615 0096 or e-mail studentfunding at warwick dot ac dot british.
E mail us
Student Funding, Senate Home, The University of Warwick, Coventry, CV4 7AL.
Tel: +44 (0)24 7615 0096 Email: studentfunding at warwick dot ac dot uk
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