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MSE News: MSE pressure forces broker Tembo to remove ads encouraging...
Mortgage broker Tembo has taken down misleading online adverts encouraging people to remortgage to repay their student loans after pressure from MoneySavingExpert.com (MSE)... Read the full story: 'MSE pressure forces broker Tembo to remove ads encouraging people to pay off student loans by remortgaging' If you haven’t…
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Student loan interest rates could rise to 12% this September
Student loan interest rates are set to rise for many from September – though the changes are yet to be finalised by the Government. Current students in England and Wales, for example, could see the interest rate they're charged jump from 4.5% to 12%. Meanwhile, many former students with outstanding loans may see rates rise…
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Student loan repayment
I am paid weekly in my job and some weeks my wage would have been higher than normal due to things such as overtime, been paid holidays or a yearly bonus. On these weeks my employer would have taken repayment for my students loan. I was expecting to be able to claim this money back at the end of the tax year. However when…
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Renewing my amazon prime student membership
Hi all, My amazon prime student membership has expired after the 4year period. Ive cancelled the auto renewal at full price but i wanted to know if there was another way of renewing my amazon prime membership at a cheaper rate or renew at the student rate again without creating a brand new account. Any help or advice would…
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Navigating rising bills as a postgraduate student
As indicated in the title, I'm currently doing my MSc and renting privately in London - a challenging balance at the best of times. Since I took time out of work to undertake my studies and I'm not earning an income at the moment, the rising cost of bills is and will continue to put an increasing pressure on my finances.…
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NHS Exemption Card
I’m trying to access an Exemption Card for my daughter so she doesn’t have to pay for prescriptions, sight tests, dentistry etc while studying in England. As I live with the rest of the family in Wales I’m finding myself shunted back and forth between England’s NHS and NHS Wales. I know they operate independently, but they…
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Student accommodation guarantor insurance for joint and several liability
Does anyone have experience (good or bad) of taking out insurance to cover joint and several liability as guarantor for their child's student accommodation?
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Son going to California to continue degree
Hi, just after some advice/tips please. My son has been accepted to continue his International Business studies degree at California State Uni at Long Beach. Does anyone know if there are any grants/financial help for this? He's applying for his normal maintenance loan but I think he's still going to be short as it's so…
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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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Maintainace loan - final installament
My student son has 3 weeks left of his undergraduate degree when he returns after Easter hols. His last student loan will be paid on the first day he returns. Will that be less then he's previously received? I believe it will be as this is what I've read before because it doesn't have to last him through the summer. He…
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Maintenance grant after starting university
If my household income is too high to be eligible for a maintenance grant when my son starts uni, but the following year it drops to a level where we are eligible, can he then get one or is it too late?
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Is there anyway to get a maintenance grant for an online part time degree for a mature student?
I recently became unemployed after a full time administration assistant contract ended. I have been working in admin for 7 years and mostly disliked it. I have been offered a new job but it is only 25 hours a week. I am glad to be spending less time doing admin, but I am not glad of the 10,000k a year wage decrease. I…
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Repayment Threshold 2023/24
With RPI for March in at 9%, the repayment threshold for plan 1 loans will rise to £22,015 from 6 April 2023 (20,195 x 1.09 rounded up). The repayment threshold for plan 2 loans is frozen at £27,295 until 6 April 2025. The postgraduate loan (plan 3) threshold is subject to annual review but in the absence of any…
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Twins going to university
Is there any consideration taken on parent contribution when you have twins going to uni
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Student Maintenance Loan - divorced parents change in circumstances
Hi, My daughter started university in 2019/2020 and received a full maintenance loan. When she originally applied she was living with her mother only. She has started to apply for 2021/22 student finances. Her mother has moved into a new house with her new partner in January 2021, thus increasing the total household…
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Student Maintenance loan changes
My son has a student maintenance loan which needs to renew. He lives away from home in a shared student rented house. His mother and I split 4 years ago and his home is with his mother. His loan was based on the household income of his mother. I am told that the rules have changed and it is based on the income of both…
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Legal way to get Student Card without being a student
Hi guys! Is there any way in 2022 to LEGALLY get a Student Card without being a student? (I read that some online courses can give acces to Student Card). Many thanks!
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Student finance 2022
Hi can you advise if any considerations are being made for students and student finance in the current economic climate? With rising costs in fuel, home energy, food etc affecting parents who might otherwise support their children is there an allowance to be made in the calculation of student finance when parents are going…
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Student household bills
My daughter is moving into a student house this year, she has mentioned packaged bill companies, does anyone have any experience of this?
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Joint mortgage with student - funding mortgage payments from letting income?
I have an inheritance which I would like to put down as a deposit for a buy to let mortgage. My daughter is a student and has some savings which she could invest in the property too. However, she would like to live in the property and let out the other room/rooms to students to fund the mortgage repayments. Is it possible?…