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student loan shake up 24 Feb 2022
Here is a link to the MSE news article on the student loan shake up announced today: https://www.moneysavingexpert.com/news/2022/02/student-finance-loans-changes-education/ TLDR: loan repayments continue for an extra 10 years, thresholds frozen, estimated that 52% of students will fully repay loans.
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Higher Education Reform
The Government has today announced plans to introduce a higher education loan scheme to help people study, train or retrain at any point during their lives via flexible courses. The loan, dubbed the 'lifelong loan entitlement', will be worth the equivalent of four years of post-18 education. Here's all you need to know.…
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SFE Grant Overpayment after they confirmed all was fine - Debt Collector Letters
Hi, I graduated from university in 2021. I have been receiving calls from Student Finance regarding a grant overpayment from the 18/19 year. When I applied for this grant (Adult Dependant's Grant), it was accepted and paid by SFE. When I received the payment, I called Student Finance on 4 separate occasions to ensure that…
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Student in the last decade? Martin Lewis questions the Chancellor about a hidden loan hike
Those who started university in and after 2012 should beware of 'hidden' student loan costs coming in from April, MoneySavingExpert.com founder Martin Lewis warns. Read the full story: Student in the last decade? Martin Lewis questions the Chancellor about a hidden loan hike If you haven’t already, join the forum to reply.
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Cost of University course
This is almost certainly in the wrong forum but I couldn't work out where it should go, so apologies. My son is off to Uni this year, to do a Finance & Accountancy degree, and I am trying to research how much this three year course is going to cost in total. With tuition fees of 10k pa and accommodation at a similar level,…
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Approaching end of student loan term
Hello, I am on Plan 1, graduated in 2014 with around £26k. I currently have an outstanding balance of £3,720.38. 1.1% interest. Recently SLC have begun contacting me asking me to arrange payment direct with them because I am at risk of overpaying. My OH had the same issue (he was paying based on dividend income not having…
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Help to Buy and Hardship Fund
I’m looking at the possibility of being able to find a masters after my undergrad. Scholarships and bursaries are useless I can’t find a single one that would apply to my situation which is quite simply not having over 25k to hand - I will be able to save a maximum of 14k if I’m lucky and with postgrad loan will have…
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Graduation hat
Hi Got my Masters graduation in 2 months time, 1 yr later! They dont hire out the black graduation hats only sell them for £43! I think that is a lot to just wear for one photo. Do people really need the hat? Has anyone bought one from Amazon for £10 before and used it without anyone noticing a difference? Just wondering…
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Student financial help. HELP!
My son 24 is studying at full time at uni in his first year. He’s got his student loan, but that barely covers his living expenses. I’m trying to navigate the world of extra help, but I’m not really getting anywhere! So I could do with some help please. Also if you know of any help that might not be well known. A few…
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Does doing a postgraduate degree reset the timer on student loan repayments
Hi, I have student loans on top of me at the moment so been doing some digging around and can't seem to find much information on this topic. I did my original degree in Northern Ireland between 2003 and 2007 which from my research (which may not be accurate at this point) should disappear after 25 years I think. I then…
