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Not all repayments counted
I have just had my statement through from SLC for last year. It looks to have only taken off about half a years worth of payments off me. I changed jobs half way through the year so suspect that it has only counted one of them, however my repayments have been coming off every month. Any advice on how to rectify this?
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Life after Student Loan
Hi guys, Just a quick query, I've predicted I'll pay off my Plan 2 student loan in February 2020, I was just wondering how my net salary is worked out? I pay approx £280 towards my student loan at the moment as a deduction alongside my PAYE and NIC etc. When I've finished paying this off will I be £280 better off NET, or…
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I am not happy with Plan 1... am I the only one here?
So I am on the Plan 1 repayment option for Student Loan (Pre 2012). Where the amount I pay each month is directly proportional to the amount I earn. 9% of anything over £18.935K or something like that. If I get pay rises, I pay more. If I get a Bonus, I pay a hell of a lot more.... as well as income tax, and NI etc. This…
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Student current account, can you have more than one?
Hi, my daughter is at Uni and about to start the 2nd year of her course. She has a HSBC student account with an overdraft but wants another one to manage her money better with another overdraft. As the concerned father I disscussed what she was doing here, worried about taking on more debt but lets assume for now that we…
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Student loan interest rates set to drop in September - what you need to know - MSE News
Student loan interest rates are set to drop in September. Current students from England and Wales will almost certainly see the rate drop from 6.3% to 5.4% - and many former students with outstanding loans will see their rates dip too...Read the full story: 'Student loan interest rates set to drop in September - what you…
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Private Student Funding
Hi there, I wonder if anyone can help? My daughter attends a privately run 16+ academy, doing a three year musical theatre course. They are not Trinity registered yet, and won't be for a good few years, as a they are quite new or eligible for a traditional student loan. My daughter was going to be getting a PCDL loan via…
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Student Loan Repayment- Oversees
Hi all, I will send a summary of my situation and I would be grateful for your advise. I have taken a student loan while being in the UK and once I completed my studies I have left the country and moved overseas. I was not working for a while and living with my parents. Once I found a job again I have moved countries. In…
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Student Loans - Scotland
I am semi retired, working part time and currently under tax threshold. I am attending full time HNC from August and will receive student loan of about £6000. All this is new to me and I am unsure whether it is worth taking the loan or not.
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Not been asked for income details in application for student loan.
Hi- I'm wondering if anyone can clarify something for me, please. My daughter is 25 and lives at home with us. She has a place at uni to start this September and has been applying for her Tuition Loan and Maintenance Loan. With my son, (who went to uni at 20) I simply filled in the supporting an application form with our…
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Third year student applying for first student bank account
Hi everyone. So the thing that nobody tells you about student banking is that if you don't open a student account in the first year of your course then you can not apply for one if you change your mind a year down the line! Ive just completed my second year and due to a change in circumstances now need to open a student…
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Need advice on student loans
Hi there. So I've been referred to this website by the Scholarship Hub because I'm in search of any help or advice thats available. My situation is thus: I am an 18 year old who has been offered a place in 4 of my 5 choices so far (undergraduate). I made an application for student finance which has been rejected due to my…
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Does Uni Placement Year affect parents benefits
Hi I'm asking for advice for my sister and Niece. My sister is has learning dificulties and claims disability. She is independednt has has her own home paid for by the council. Her Daughter has done really well and gone to University. Part of her University course was to take a years placement in a working account office.…
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Employer not paying student loan deductions to HMRC
Hi all, Just after a little advise as to where i stand regarding my student loan as my employer has not been paying my contributions to HMRC. Long story short, in December 2018 i called the SLC to settle my Student Loan as the amount remaining was less than the next months deduction. I was given a figure which i paid, i…
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Augar Review
Several reports are stating that the main recommendations to government of the post-18 education and funding review ("Augar Review") to be published on Thursday are: * To cut the maximum tuition fee cap from £9,250 to £7,500 * To cut the maximum interest rate from 6.3% to 1.5% (government cost of borrowing) * To extend the…
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10,000s risk wasting money by choosing to repay their student loan when they don't have to
Tens of thousands of university leavers are risking wasting cash - in some cases over £20,000 - by voluntarily paying off their student loan even though they aren't earning enough to have to, MoneySavingExpert.com can reveal...Read the full story: '10,000s risk wasting money by choosing to repay their student loan when…
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MSE News:Students may be able to claim £50 TV licence refund
Students across the UK may be entitled to a refund of £50 on their TV licence fee...Read the full story: 'Students may be able to claim £50 TV licence refund' Click reply below to discuss. If you haven’t already, join the forum to reply.
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Being an Au Pair and repaying loan
Advice needed please. My daughter is working as an au pair in Germany and has kept SF upto date. They have asked for various information which she has uploaded. She earns around €240 per month and has just received a letter from SF informing her that her repayments will be £405 a month starting from July 2019 Anyone else…
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Student Loan repayments
Hi All, I'm in the final year of paying off my student loan. Last December I contacted the SLC and they took my details and set up a direct debit of 128p/m. It turns out I still paid £143 in January, which I've just got round to telling them about now so phoned up and asked them to deduct 143. When I use the calculator on…
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Paying Summer Rent
I will be moving into my new accommodation for the 2019/2020 academic year in September but have had to pay rent for the accommodation during summer even though I'm not allowed to live there. I have to stay at uni over the summer so am essentially paying rent for two bedrooms. The accommodation company have said I pay this…
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Anyone had experience of the Bursary Foundation?
**Mods, I can't find anything on MSE relating to School Bursary's. Therefore I'm posing the question here. Feel free to move to move this Thread if you think it's better suited elsewhere** We are looking at Senior Schools for our Daughter who is currently in Yr5. We have identified the one we'd like to send her too. She…