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Student loan for mature student ineligible for Student Finance England
Would you recommend a loan or a credit card to cover tuition fees, given my situation? * I have received an offer to complete as MSc starting in September, which is £12,000 over the course of two years. * I am not eligible for Student Finance since I already have an MSc (despite funding this personally) * I have ten years…
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2 student loans 2 different amounts
This September I'll have 2 children at uni, 1 first year, 1 second year. Both are staying in halls but their maintenance loans are different.Year 1 student is set to receive just over £9k, year 2 student around £8800. Is this likely to be correct?
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Student loan - dropping from studies
Good evening all Hindsight is a wonderful thing, but during a period of job unhappiness, I decided to enrol on a part time OU degree course. At the time I could see good reasons to work my way through it. Of course I took the option to fund via student finance. 2 years on, a change of jobs and a deferred second year has…
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Pre 1998 Student Loans
Is it right that when applying for deferment for a pre 1998 student loan that child benefit is taken into account as earnings? This is paid to me as the mother but is pushing my earnings over the threshold. I would appreciate thoughts on this?
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Erudio and child tax payments
Hello there Erudio say that I cannot defer my loan because I am over the monthly threshold. This i because they are combining my monthly salary with my child tax credit payments. Is this legal? I know it's not fair. Any advice would be appreciated. Regards AB
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Erudio and Land Registry
Hello there So Erudio are now going after property. Just had this in the post for my partner: "This is not an application for the sale of the property; it is to allow our client (Erudio) to register a notice at the Land Registry. Briefly, this means that when the property is sold or re-mortgaged, the judgement debt due to…
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Paying Student Loans Abroad
Hi There, I live in France since a few years. Graduated a long time ago in UK. I will be starting a job now where I will earn enough to pay backs student loans. I usually receive a message from student loans to update my details around November time. If I work a few months and then update my details, will I have to pay the…
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Is it wise to pay off student loan early?
Hello, I have approx £3.6K of student loan debt left (plan 4) at 5.25% interest. Mortgage rate 4.15%, no other loans. Don't think i can get a savings rate higher than student loan interest. As a higher tax payer, I'll be taxed once i earn over £500 in savings interest. I have read the blog on repaying student loan early…
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1996 - 1998 Plan 1 Student Loan
My wife has plan 1 student loans with the first in 1996 and the last in 1998.She doesn't earn enough to repay it and likely never will so it's really a non-issue however, I was expecting it to be written off either this year or next under the 25 year rule but now I'm not sure whether it's going to persist until she's 65,…
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Student Loan for Second Degree in Dietetics
Hi all, I have an undergraduate & Masters in arts subjects but am looking to retrain as a dietitian. I've been doing research & it appears that I will in fact be eligible for a student loan, maintenance grant & NHS bursary as a BSc in Dietetics is on the list of approved courses. Am I right?! Can't find any contact details…
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Student Loan Repayments When Retired
I’ve taken early retirement and cashed in my pensions to support me until I’m 67. Will this be classed as income or is that just the interest? I’m worried I’ll need to start repaying a student loan I have
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At what point can a DCA legally terminate an agreement if they are unable to contact you via post?
Good afternoon I am currently in the middle of an ongoing issue with Erudio Student Loans. I missed deferment on a pre-1998 loan and Erudio subsequently terminated all my agreements and have taken me to court. I complained to the FoS and the investigator did not uphold my complaint. The court case is currently stayed.…
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unearned income
hi, I'm just wondering if interest gained in cash ISA / premium bonds winning count towards unearned income for student loan repayment as they are not taxable?
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Parental Income - Stocks and Shares ISA Dividends
Hello. Do dividends received from a Stock and Shares ISA have to be declared as parental income for the purposes of the Maintenance Loan? It's clear that interest on cash ISAs isn't included but nothing is mentioned re S&S ISA dividends. Thanks.
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Student loan repayment amounts
Hi, I have a Plan 2 student loan. As an NHS worker (who is also on the NHS bank as a secondary income sporadically) my pay can be up and down dependent on which shifts I work each month. As I understand it, at the end of the tax year if your total income over the course of the previous tax year is below the threshold,…
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BillingBetter.co.uk - anyone heard of them?
Hi, my daughter is moving into a new shared flat at uni with 3 others soon and the student who has been nominated as the lead contact for the letting agency etc has set them up with BetterBilling.co.uk (she has or the letting agency has) Does anyone know anything about this company? Trust Pilot has mixed reviews. Will they…
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Getting refund from college – Help –Where to start? Feeling ripped off
Hi, Can someone help point me in the right direction of where I turn to
get a refund from college?. A little background I did a college course at a proper college but the
standard was bellow poor there excuse that I have in writing is “It’s not our
fault it’s the first time the course was run” but they still charged me…
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New student finance
With the new plan 5, I was debating whether it is now actually better to get as much loan as possible since its not likely to be ever paid off? Son may be thinking about uni next year & initially plan was to just get 27k loan to cover fees (likely to live at home). Any thoughts? Or can anyone direct me to some sort of…
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Desperate for help - paying more in interest than loan repayment
Hi guys, I'm desperate for help. I am still paying back my student loan from 2003. I owe £15k still. I only get paid £26k per year and i'm paying £34 per month off my student loan. The problem is that the interest per month is now £60 so my loan balance is increasing instead of getting smaller. I understand that the…
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Mature Student and Student Loan Repayment
Hi all Hoping for some further information about repaying my Student Loan. I am a mature student and started my degree as a part-time student in 2020 and due to graduate in 2024 when I am 50. So I understand from the student loans website, I would start paying back the loan in April 4 years after the start so I am assuming…
