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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…
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Amazon Prime Student - Totum Pro Card
My Totum Pro is due to expire soon, and I have received an invite to renew it. I was wondering whether I should renew it for £39 for 3 years or not. I had initially got it for £35 for 3 years, as I could use it for Amazon Prime Student and I must say I got my money's worth. Does anyone know if Totum Pro still works for…
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HSBC Student Account
My daughter has had her student bank account frozen due to suspected fraudulent activity. Despite spending many hours on the phone, and 2 visits to her local branch in Nottingham, she has been unable to ascertain why this has happened or how to rectify the situation. She is at her wits end, and is very distressed. She is…
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Advice needed
My daughter has gone to uni which isn't that far away from home. She wants to move back and commute instead. Question is I claim benefits and if she still gets maintenance loan will that affect my benefits. Any advice Kim
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Parent's income and effect on student grant in Wales
Hello, I was looking at the student wales web site. If gives a table "for illustration porposes" of how different incomes effect the ratio between maintenace grant to maintenace loan. I was wondering if the grant is given in bands or is graduated evenly. For example it says house hold income £25000 grant £6946, household…
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Rejected by Santander
Months ago, my son applied for a Santander 123 student bank account. Kept asking for the same info (identity and ucas number). Every time it was sent, it was returned again. After numerous phone calls, each time they said they couldn’t see what the issue was. He was told not to worry and they would sort it. Everytime he…
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Have you been refused a student bank account?
Can you help with an MSE News team investigation? We’d like to hear from students who’ve applied for a student bank account and been rejected. If that’s you, it would be great to know: * Which bank it was. * When it happened. * The reason you were given for the rejection. Thanks, MSE Laura F
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Paid off Student Loan
I had an email from the student loan company in May saying my loan was paid off. That I had overpaid and they would refund to my account. Now in October I have an email from student loans saying not enough tax was taken in 21/22 so I owe £400 in student loan. How can they do this????
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Being chased for university tuition fees that aren’t owed
A couple of years ago I signed up to do a university course and paid for it using a student loan. I only completed a couple of months of the course before deciding it wasn’t for me but the loan I took out more than covered the fees for that term. After being sent an unexpected tuition fee invoice from the university…
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Repayment earnings threshold what are earnings?
Hi can anyone tell me what figures are used for earnings? Is it taxable pay? I was considering paying into a SIPP to reduce my taxable earnings....
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Uni students - P/T job whilst studying.
Are students allowed to work P/T whilst studying at Uni, without impacting their living loan? I’ve heard conflicting information. Thanks in advance.
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Advice for English student studying in Scotland
My daughter started studying at Edinburgh University this week and I have only just discovered she will be entitled to free NHS prescriptions and regular eye tests every 2 years now she’s living in Scotland. I was expecting to have to start paying for her once she reached 19 years old. That made me wonder what to about a…
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Student finance loan profile changes
Has anyone else found that Student Finance England has changed its profiling of student maintenance loan payments? Child2 is starting next week profile with the larger payment in April 2023 and with the balance of two lower payments in Sept 2022 and Jan 2023 despite the accommodation fees profile being the opposite with…
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Repeating a year
Hi My son failed 2 modules in his 1st year last year and has got his timetable which shows he has to repeat the year, those modules only. He has autism, receives disabled student support alongside PIP and I feel the uni have failed to support him. It has only been through very direct questioning I've found this out and now…
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Student Loan musings……
Hi. Having got Covid recently i seem to be left with a bit of brain fog and dont seem able to think objectively about the student loan system. Hopefully someone could clear a few things up for me…. Basically my son has £40k inheritance to help pay his Uni fees and i am wondering whether he should pay for fees and…
