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If Martin says there is no reason to overpay student loans, what's the big deal with increased rates
Whether 12% or 5%? what's the big deal....
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Hypothetical student loan scenario
This is my first post here so let me know if there's anything I've done wrong or any conventions I need to follow pls This is a purely hypothetical scenario that I'm just curious about - as a current student I'd love to be in this position right now If my parents were earning enough in stable jobs to be able to pay my…
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Student loan company chasing me 10 years later?
Hello, Hope someone can help me out, I went on a uni course back in 2013, it wasn’t for me, after around 6 lessons across 4 weeks, and I withdrew from the couse. Knowing I had incurred couse fees and a grant fee I thought nothing much more of it and knew “It will be paid back once I start earning enough”. So in around…
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SL Repayments via Self Assessment
Hi all, I've been paying my student loan for years via PAYE, but have done some additional consultancy so had to fill out a tax return and make a payment via self assessment. I paid of my balance about three weeks ago. It's showing as paid in my Government Gateway account, but the student loan element hasn't yet been…
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Has anyone studied HE with learndirect
I’m thinking of doing Higher education access course in computer science online. I really appreciate if anyone has done any courses with them or they have finished their HE course and tell me how it went.
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Should I pay off my student loan?
Can someone math this better than me? I will have to pay off my student loan, I earn enough and there isn't much left to regardless at some point I will pay it all it won't be written off. My balance is £4,609.02 I currently pay £124 PAYE + £60DD Interest on my student loan has now increased to 3.25%. All of my savings are…
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please delete thread
please delete thread
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Court: Give defendant more time?
Hello, I have brought a complaint against my former University for aspects of course provision and a poorly complaint's system when seeking to retrain, and sought a return of my tuition fees. This has dragged on since November 2019, and I've filed a claim. The University legal representative did not try to engage with the…
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Student Loan Settlement Figure
Hi, I've been repaying my 'Plan 1' student loan since I started earning over the threshold in 2010 (I graduated in 2006). My current balance is £5,437.53 with monthly repayments of £81 being deducted from my salary. The current interest rate is 3.25% and as it's creeping up at the moment, I've been thinking ahead and…
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Erudio partial settlement
Good morning! I have received another of those partial settlement letters and I am considering paying because I am very close to the threshold and if I do get a pay rise next year then I will be over the threshold (but I may not get a pay rise!). My question is - in the letter it says, in the FAQ section that they will not…
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Paying off part/all of plan 1 and plan 2 student loans?
Hi I’ve searched the forum and can’t work out my own situation based upon posts of others so am hoping someone can help, I’m really struggling with the maths. I would like to know if it’s worth paying off either or both of my student loans now. But I cannot work out if I will naturally pay off either loan before being…
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Student/graduate bank loan
HelloI am enquiring on behalf of a family member who is unable to get anywhere with this. He has had a Student Loan account with NatWest since 2017 and has now paid over £3.5K in interest, but has still not paid off the loan and doesn't have the ability to. Having never been a student I don't get this, but surely he…
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Maintenance Loans
Do ‘pension commencement lump sums’ count as household income as far as student finance are concerned when applying for student maintenance loans ?
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Refund on college fees
Hi all, I've got an ongoing complaint with the OIA regarding a university centre course I completed earlier this year, and I'm now being told there is the possibility of a settlement which could include a refund of the course fees. As I took out a student loan these fees would go back to the loan company which is great…
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Student Loan questions
I took out a student loan in Scotland between 1998 and 2002. I have never had to pay any of it back because I have never earned over the minimum amount required to start paying it back. If I don't earn over the minimum amount required between now and 2032 then I don't pay it back? What if I get any inheritance between now…
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Change of nation. Student loan.
I wonder if anyone is able to answer this query. My step daughter is resident in England and her father and I live in Wales. She is at university, in her second year. Her step dad has refused to include his details on her loan application meaning she has only received the bare minimum despite her mum being on a low income…
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MSE News: Student loan interest rates to rise from September – what it means for you
Student loan interest rates will rise for many from September, the Government has confirmed. But this WON'T make a difference to your monthly repayments. Here's what you need to know. Read the full story: 'Student loan interest rates to rise from September – what it means for you' If you haven’t already, join the forum to…
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Retrospective fee increases student finance
Hello, My son has received a letter from student finance England stating that the university he attended is increasing its tuition fees for 2019/2020. He says it's not the first one he has had with a retrospective fee increase. Student finance are just adding the increase to his loan. Has anybody else come across this? It…
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Student Loan not showing salary payments
I have post graduate (masters) loan, and earning higher than the threshold. Without notification (I'd asked for payments to be direct debit when I applied for the loan), £249 started to be deducted from my salary from April 2022. I checked on .gov student loan account, saw how much i owed and decided to pay it off in full,…
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Student loan
Given the new interest rate being added to student loans would it be a good idea to pay it off. i have a balance for £2,700. Earn £50,000 per year and have 25 years until the loan is wiped off. rather than keep paying it off out my wage would I be better off to get a 0% credit card and pay it off at £150 a month for…
