Version 4 - Last Updated: 03 May 2023
Loan payments
Payment schedule
When a learner’s application is approved, we create a payment schedule for the learner. Payments are scheduled on a flat monthly profile, based on the initial liability point and the learning aim end date.
You can view a learner’s payment schedule in the Current Payment Schedule and Attendance section of the Detailed Learner Information page.
The schedule will show the following information:
Scheduled Payment Date
The date when the instalment is scheduled to be paid.
Actual Payment Date
The date when we made the payment to you.
Payment Amount
The instalment amount that we will pay you.
Payment Status
The status of the payment:
- scheduled
- in progress
- paid
- failed
Attendance Confirmation Date
The date by which you need to confirm the learner’s attendance.
Attendance Confirmation Status
The attendance confirmation status:
- awaiting confirmation
- in attendance
- not in attendance
- change start date
Submitted By
The details of the user who submitted the attendance confirmation.