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Help With Student Loans - HERE!
Hey, i have alot of Knowledge of how the student loans procedure works. If anyone needs any help, i can advise as much general info. Obviously i cant divulge into specifics due to Data Protection and the fact that i'd get fired, but anything i can help with, just let me know.
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The Great 'Student Discounts' hunt
How about having a great student discount hunt with the new term coming up - hopefully I will qualify for them then as I am looking to do a hunt and it would be useful to have all the discounts in one place _________________________ Note from martin: I love this idea and have therefore adopted it and made it an 'official'…
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MSE’S ‘Academoney’ support discussion thread
DIWEDDARIAD Mawrth 2021: Mae cwrs ‘Academoney’ bellach wedi’i gyfieithu i’r Gymraeg. Cofrestrwch i gwblhau’r cwrs yn Gymrae yn fan hyn, ac am fwy o wybodaeth, gwelwch stori newyddion ddiweddaraf MSE. UPDATE March 2021: The ‘Academoney’ course has now been translated into Welsh. Sign up to do the course in Welsh here and…
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New to the Student MoneySaving board? Start here
👩🎓 Some Forum threads you may find useful: * The great student discount hunt * ‘Should I repay my post-2012 student loan?’ discussion * 38 and going to Uni! * Old Style recipe index * The cleaning recipe index Seen any more good student threads on the Forum? Let us know! 💬 🎓 More relevant student content from…
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Should my daughter take out a student loan
My daughter is starting 1st year at university in Scotland so I believe her student loan will be on plan 4. She has been lucky enough to receive a scholarship which will more or less cover all her expenses over the next 4 years, she will still take a small amount of loan to make sure she isn’t struggling financially. We…
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Overcharged in student loan repayments
My wife is an agency midwife, so her pay varies significantly month to month. She still gets her student loan repayments taken from her pay, but the fact that she earns a varying amount month to month means that she is having too much deducted. In the last 3 years we calculated this at nearly £1700 which is significant.…
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MSE News: 70,000+ student loan balances miscalculated – are you affected?
Over 70,000 graduates repaying Plan 2 loans have had either too much or too little interest added to their balances due to recent technical issues, the Student Loans Company (SLC) has confirmed. If you're affected, you WON'T be left out of pocket, and the amount you repay each month – which is based on what you earn, not…
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MPs say 'Government has a moral duty to reverse next April's Plan 2 loan repayment threshold freeze
The influential cross-party Treasury Committee of MPs has been seeking evidence on Student Loans. Following 52,000 submissions from the public – plus evidence from student and consumer groups including MoneySavingExpert.com (MSE) – it's just published its conclusions… Read the full story: MPs say 'Government has a moral…
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Student loan repayment request query
our daughter has just finished her last year of uni. At the beginning of the last financial year my husband was made redundant. He estimated that his income would be £1000 less than he received and I estimated that mine would be about £1000 less too. the total that we did receive as a household was £25,003. The finance…
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university support
Hello, My daughter is going to be applying to university this year to attend sept 27. I am trying to support her application for finance etc. My Daughter is a registered young carer and I will continue to support her disabled sibling whist she is at uni- Is there any support for this financially for her? Are their any…
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Can you challenge when a plan 1 student loan write off?
I have a plan 1 student loan, which i thought would be written off next year but have discovered that because i graduated in 2001, it wont write off until i'm 65, which seems particularly harsh/inconsistent with other later plan 1 loans as they end after 25 years and other plans at 30 years. Is there anyway to challenge…
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(I'm a parent) Student loan question
My daughter has a conditional offer to get into uni. At present, it's looking like she may not get the required grade in her main subject to take up her place. What happens with her student loan application if that is the case? Is it cancelled? Do we have to do that or is it automatically done? Would she be able to able to…
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Not entitled to tuition fee loan
Many thanks for looking at this thread. The government will finance me to do my degree by offering me a generous maintenance loan. Unfortunately I am not entitled to tuition fee loans as I have studied before. I am looking for ideas regarding how I can finance the £9,790 rising by 2.68% per annum. I was ill during my first…
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Student Loan while on University Work 12 month Placement
Hi, I was looking for advice on the Student Loan. I am a university student starting a work placement in September, being paid above minimum wage with which I will be able to live off. However, I was wondering if I should take out a maintence loan, and use it anyway - to put in my stocks and shares ISA. Ive been adviced…
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Plan 5 student loan
My young person is completing their undergraduate degree this summer, they have had the minimum loan for three years. They have been accepted on to a masters programme starting in October and here is the quandary. If they take the masters loan it won't fully cover the fees, we are in a position to pay the shortfall plus…
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Postgraduate loan and pensions
I have a doctoral loan from a course that I left in 2023 with approx £24k remaining. I work in NHS and hope to take partial retirement from Sep 2026 reducing to 2 days a week. Under what circumstances would it make sense to pay off the student loan, or should I just keep making payments? When I fully retirement how will…
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Student Loan Self Assessment Confusion
I earn £39,000 per year, and my P60 shows I earned £37,050 due to £1,950 going to my workplace pension scheme. I earn a bit of money on the side doing freelance (only about 2-3k), so I do a self assessment. I pay a Plan 4 student loan, which is 9% above the threshold, and that automatically comes out of my payslip every…
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Can't sign up to OU - trying to do Money Academy ?
I've tried to sign up to OU using two different email addresses. It goes through the signup process, and at the end tells me to sign in. Then complains that my account doesn't exist. If I try a password reset, it confirms that my account doesn't exist. I tried twice using one email address and again with another. Has…
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Inheritance and Student Loan Repayments
Hello. The internet, including this Forum, advises that students can receive inheritance without it affecting their loan as such money is not regarded as earned income for loan repayment purposes. I have a disabled son who has an outstanding student loan of currently £30k not due to be written off until 2039 but is…
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Tax year income assessment
My daughter is starting uni this september 2026. They will look at tax year 2024-2025. My earnings have dropped dramatically after this so I am completing a current tax year income assessment form for 2026-2027 - where I have to guess how much I might earn (self-employed so difficult). Do they look at 2025-2026? Or should…
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Should I take out a student loan or not?
Hello, I have about £40,000 saved & Im about to start a 4 year university degree. My tuition fees cost in total for the 4 years around £28,000. I estimate my living costs per year will be around £12,000 per year so £48,000 total I am eligible for a student loan and can access a full tuition fee and full independent student…
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Repayment Threshold 27/28 and Interest Rates 26/27
With RPI for March in at 4.1% the repayment thresholds applicable from 6th April 2027 and interest rates applicable from 1st September 2026 will be as shown in the following tables. Thresholds Plan Threshold 1 £28,005 (up 4.1%) 2 £29,385 (frozen at Budget 2025) 3 £21,000 (subject to review) 4 £35,185 (up 4.1%) 5 £26,025…
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Still a student/disabled unemployed and have a hefty SLC request due to one-off investment income
Just checking, but if you are still a student and/or disabled and unemployable, does a one-off investment income of say £100,000 mean you have to pay SLC on this. I know that you have to pay slc on this if you are unemployed in general as it is classed as capital income, but just checking as my son is still registered as a…
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MSE News: 22,000 weekend students told to repay maintenance loans after courses wrongly classified
Around 22,000 weekend students in England will lose access to vital financial support to help with living costs after their universities incorrectly classified their courses. The Government has blamed providers for exploiting the rules, but students are bearing the brunt of the mix-up. They're now being told to repay their…
