Back Will withdrawing from a course effect my StudyLink Loans and Allowances? General FAQs, Course Withdrawal Withdrawal from a course may affect student loans/allowances. Students are responsible for informing StudyLink that they have withdrawn from their studies. Previous Question I’ve studied with SIT/SIT2LRN before - do I need to complete the whole application form again? Next Question Will I be able to get a work visa upon graduating?