Student MoneySaving

Discussion List

• Reclaim student fees

  Good evening, Is there a template letter with the purpose of trying to reclaim a partial refund of tuition fees, due to recent events?

• 24 year old son not paying uni rent and I'm the guarantor

  My son is 24 and in his last year at uni. Our relationship is not great ( long story) and he has not been communicating well with me, or any other family, for months. He will occasionally texts if he needs something urgent but that is all. This morning I have had an email from his uni accommadation. It was addressed to him…

• Deductions from salary ongoing despite student loan being included in a protected trust deed

  Hello, long story short, in 2006 I got over my head in debt and entered into a protected trust deed. As required it was posted in a local news paper on the 17th of February 2007 and became protected 5 weeks later. Since then SLC have been making deductions from my salary, I by chance found myself in employment where my…

• Buying a house as a student

  If we have a good deposit already, would it be more economical to buy a house for our son at university and rent out a couple of rooms. Or are there too many costs involved. 

• Best time of month to pay back loan in full?

  I've (rather unexpectedly) got to the point of having less than 2 years left on my student loan (plan 1). I'm expecting an offer of switching to direct debit soon, but the amount left is small enough I can pay it back in full. What's the best way of going about this to ensure I don't overpay? I'm guessing if I pay the full…

• Honour Student Loans - '...cancelled and no further payments are due.'

  I've recently received a letter from Honour Student Loans (HSL) telling me that under section 8 of my loan agreement my loan has now been cancelled and no further payments are due. It's a mortgage style loan from University studies 92-96. There were four loans in total and the letter references them as 'Pack Numbers' under…

• Student loan received - but nothing to spend it on

  Never thought we'd be in this position, but both daughters (1st year and 3rd year) are by necessity studying from home (our home), and so have little to spend their student loans on. The 3rd year has some rent to pay but the 1st year will thankfully be refunded for the time she's not there. Both get the full loan so both…

• Student maintenance loan and universal credit?

  I currently receive universal credit due to being on a low income. I'm looking at being a part-time student with the Open University while I work part time as it looks like the government have made provisions for maintenance loans to be available in this case. I'm wondering if I will still be eligible for universal credit…

• Possibility of getting a refund on a practical college course

  I enrolled on a hairdressing college course Sept 19-June 2020 (Level 2 VRQ). The first Covid19 lockdown meant that we had to learn from home, and support was useless. We left this course feeling like we had learned barely anything . The lecturer passed us (no idea how) which enabled us to enrol on the (level 3 course VRQ)…