Version 3 - Last Updated: 18 Feb 2021

Financial reports

Example of a loan position report


In the below example, the loan position report is populated for one learner’s application. It shows the payment schedule according to the application and payment statuses.

It is important to remember that while we assume a positive attendance confirmation to apply for 3 months, we release payments monthly.

For the purposes of this example, the report is only showing 5 months’ worth of payment information. The learner and report information used to generate these figures is:

  • report created: 1 October 2020
  • learner start date: 10 August 2020
  • initial liability point: 24 August 2020
  • learning aim length: 10 months
  • loan amount: £1000
  • confirmed initial attendance: yes
  • next quarter to confirm: November

This example is for illustrative purposes only. The loan position report on the Learning Provider Portal will show cumulative payment information.

 

Aug 2014

Sep 2014

Oct 2014

Nov 2014

Dec 2014

Instalments approved

£0

£0

£0

£100

£100

Instalments awaiting confirmation

£0

£0

£0

£0

£0

Instalments where attendance confirmed

£0

£0

£100

£0

£0

Paid/in progress

£0

£200

£0

£0

£0

This row is for information purposes and will not be in the loan position report

Attendance confirmed after drawdown date so payment in September

Attendance assumed and payment made along with August payment

Attendance assumed and payment to be made

Attendance not yet confirmed for this quarter, no payments released

Attendance not yet confirmed for this quarter, no payments released


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