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Accommodation block evacuated
Son is at Uni and they were told late at night that due to severe weather, there is a risk to life and they are to move out of Uni halls immediately. What we know: * Water leak into block effecting fire alarm system. * Moved into alternative halls (some are in better, some are in worse than what they were in) * Told approx…
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Paying back Medicine Uni Fees
Appreciate some advice please: 2 sons in Uni both studying medicine; oldest just ending second year and youngest just finishing first year - both likely to be 6 year courses) with added year for intercalation). Currently tuition fees are £9250 per year; although NHS covers year 5&6 so looking at £37000 each overall. Both…
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Parental income disclosure for Student Finance Application FY 23/24
With a household income above the max threshold we know our daughter will only be eligible for the minimum maintenance loan. Therefore don’t see the point completing the parental support finance information. Are there any implications of not doing so?
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MSE News: Gov.uk giving misleading information to students applying for maintenance loans
"Incorrect and likely misleading" information about maintenance loans in England on Gov.uk could lead to a material number of students not getting the full amount they're entitled to. That's why MoneySavingExpert.com founder Martin Lewis has today (5 May) written to the chief executive of the Student Loans Company – the…
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Good HMRC number for student loans
Does anyone know a decent HMRC contact number for a student loan query? I've tried a couple off the HMRC website but have given up after half an hour plus on hold. I paid off my student loan on 31st March, but my employer still hasn't received a stop notice. SLC claim they sent instructions to HMRC on the Wednesday…
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Should I pay off Plan 1 student loan?
Hi all After some advice really I’ve got a Plan 1 undergraduate student loan Balance is £3550 and I’m currently paying £104 a month from my salary. The interest rate is 5% and is likely to rise again in September, presuming interest rates rise by that time. With interest I’m likely to pay it off by June 2025. I’m coming…
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NHS Learning support fund.
Can anyone help me please does anyone know if the NHS LSF can be reclaimed by the NHS if you had to pull out of a university course during covid?. I was under the impression it was a non refundable grant?. I only received first payment for the first term that was completed. Many thanks Paul.
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student loan - calculating the cost of additional loan taken due to injury and deferrment
Helping someone calculating the financial loss of an accident which meant they couldn't sit a july exam and had to defer a year so had a half term loan for illness and then a term loan to take the exam which should have been in July (at no extra cost) but will be paying interest from what would have been their 2nd year but…
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Advice on Student Loan Court Action
Hi all, I'm after some specific advice. Erudio Student Loans issued a court claim against me in 2020 regarding student loans that dated from 1994-1998. I submitted a defence that the claims were statute barred. I requested a CCA Section 77 request and a CPR 31.14 request. Neither request was fully fulfilled. Erudio did…
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Student loan fines due to not having a fixed address
TL;DR Sent in deferment, had it refused due to being homeless, got fines until an address could be given. Any way to reduce fines? I only found out recently, due to becoming self employed, that I had been given thousands of pounds in fines from the Student Loan Company. The reason for this was that I had no fixed address,…
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Studied between 2006 and 2009. Does the loan get written off?
I have a loan which I have partially paid back and continue to do so. Will this be written off at any point in the near future if I don't pay it off completely by a certain date?
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Student loans and parents income
I was wondering if anyone was able to help or is in the same situation. My son is off to university in September and has applied for his Student Loan. Both my husband and I receive income from property so have declared that income as part of the application. However due to residential finance costs our income is actually…
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Parental contributions - how are they viewed by HMRC?
This year, my daughter is not going to get the full maintenance loan because of our household income - she is going to be eligible for the minimum loan. We are lucky enough to be able to make up the difference but is this to be viewed as a gift? An interest-free loan? I don't really understand how the government expects…
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Old Student loan(s) question(s)
I saw a post on a student loan topic where it was mentioned regarding old style loans in the context of write off dates: "It's not that simple. Depending upon the loan type, the year you took it and your age when taken, whether you took a gap year etc. The answers to those questions can change the write off dates which…
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Student Finance - repayment of Graduate Medicine Loan
I'm finding it very difficult to find the answer to this question - if I have a student finance loan for my undergraduate degree, and I get student finance for a "graduate medicine" degree, then what will my repayments be? 1) will it be 9% of my salary above £27,295, because both are Plan 2 student loans? or 2) will it be…
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SLC refuses to refund my overpayments - are they right?
I am on plan 1 loan. Midway through 21/22 tax year I started a job, and student loan was collected automatically through PAYE - £694 in total. In that tax year, I made £19353, and the threshold was £19895. However, I also made £3440 from self-employment. I therefore made a total of £22793, minus £19895 that gives us £2898,…
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Repayment Threshold 2024/25
With RPI for March in at 13.5%, from 6 April 2024 the repayment threshold for • plan 1 loans will rise to £24,990 (22,015 x 1.135 rounded up) • plan 4 loans will rise to £31,395 (27,660 x 1.135 rounded up) The following repayment thresholds are currently frozen • plan 2 loans at £27,295 until 6 April 2025 • postgraduate…
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Deferring student loan – income from joint savings account
Hi there, I have the old style student loans, now manage by Erudio, for my course started back in 1997. I have deferred repayments every year since. This year we sold our house and moved cities, now temporarily renting before buying a new house. The money from our house (well, our shared ownership flat, specifically) is in…
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Erudio Student Loan status - pre 1998
Hi. Hoping to find either some advice or a reliable impartial source of advice regarding my student loans. From other posts on here I am hesitant to contact Erudio directly until I know the facts for myself! I have 3 loans - 1996, 1997 and 1998. I had never reached the salary threshold for earnings to have to make…
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Means Testing for student maintenance loan
Hi, I know that the maintenance loan is means tested on family income, and I know that it is based on pre-tax income too. But what I cannot find is how the self employed are means tested, is it on turnover or profit. Also - re-rental payments. Is it based on the income received before expenses are deducted or after EG:…
