Student Maintenance Payment Information for Administrators
Awards paid to students usually fall into one of two categories:
1) one-off lump sum payments (Form10)
2) regular monthly maintenance payments (Form22)
Both types of form must reach Financial Aid (FA), Student Financial Administration by 16:00 on a Monday to ensure inclusion in the following Tuesday payment process*. The majority of student payments are processed by BACS (Bankers Automated Clearing System) to clear in students' bank accounts seven days after the payment process.
e.g. Form10 received by FA 14:00 21/09/09, Payment processed 22/09/09, payment will clear in bank account 29/09/09.
* Christmas, Easter and bank holidays may impact on the payment day.
Submission of Student Bank Account Details
Students in receipt of Financial Aid should be encouraged to enter their bank account details via the Secure Portal.
Go to http://myuni.leeds.ac.uk
For instructions on how to input your bank details into the portal, click here
Alternatively a Form23 can be used.
Processing dates for 2011/12
Usually the University of Leeds will only process payments to registered students (RE or RO). Therefore if a student hasn't registered (EL, EN, ER, NR, NS), has withdrawn (WD, WA, NA) is Under Examination (UE), has suspended (CS, SF, SP), has completed programme (CP), or is external (EF, EP) the award will not be paid unless the individual case is agreed in writing with a member of the Financial Aid team.
The payment period for regular monthly instalments (Form 22) awards is usually synchronised with the academic year of the student. Therefore once the student registers the first instalment of twelve will under normal circumstances be processed. If a student's registration is delayed the correct number of missed instalments will be processed to reach a bank account as a single sum once registration is complete. Ideally payments will always be scheduled to reach a student's account on the 1st of each month. However due to the timing constraints this is not usually possible, in which case payments are processed to clear in a bank account the nearest preceding Tuesday to the 1st. The awards are paid monthly in advance.
To request an award outside the parameters of the student's academic year typically two form 22s need to be raised, the first to pay x number of instalments taking the award to the start of the student's academic year and the second to pay the balance of the award over the remaining months. The reason for this relates to the student's registration status and helps to eliminate making payments to unregistered students.
After completion both types of form need to be printed and signed by an authorised signatory and returned to:
Financial Aid
Student Financial Administration
Student Services Centre
Marjorie and Arnold Ziff building
University of Leeds
LS2 9JT
Any queries regarding Student Maintenance Payments should initially be directed to:
financialaid@leeds.ac.uk | 0113 343 2007