With effect from 28 February 2013 if you wish to use a loan letter as evidence of your funds this letter must confirm that:
The loan is provided by the national government, the state or regional government or a government sponsored student loan company or is part of an academic or educational loans scheme.
Therefore if you will be using a loan from a different source (such as from a bank) and you are going to make your application on or after 28 February 2013 then you should transfer the funds into your own bank account (or that of your parents or legal guardian) and wait 28 days before using one of the other forms of evidence listed above.
The loan is provided by the national government, the state or regional government or a government sponsored student loan company or is part of an academic or educational loans scheme.
Therefore if you will be using a loan from a different source (such as from a bank) and you are going to make your application on or after 28 February 2013 then you should transfer the funds into your own bank account (or that of your parents or legal guardian) and wait 28 days before using one of the other forms of evidence listed above.
