This guide is based on information received to date. You must have applied for the maximum amount of the normal student loan prior to application. You can apply for a hardship loan only once during the academic year. To qualify for a hardship loan you must be eligible for an income-contingent student loan and have applied for the full loan.
Students experience financial hardship for a variety of reasons.
In endorsing your application, the University needs to be satisfied that you have produced sufficient evidence to demonstrate exceptional financial hardship in respect of any of the areas listed above. The Hardship Loan Application form issued by the Student Loan Company can only be completed once the University has determined that you meet the criteria. The fact that you have debt is not on its own sufficient to attract a hardship loan. What will be considered is how and when these debts have accumulated. The Student Loans Company requests the University to consider whether the gap between income and expenditure cannot reasonably be reduced to a manageable level by action by you and the availability of support from other sources.