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More (student loan) spending money if Labour win Election?
Hello there, I'm starting a F/T MPhil/PhD in Film in Jan 2020 and have applied for the £25.7K loan. Tuition fees are £4.3K per year. If Labour win the Election and scrap tuition fees, what would be the realistic timeline on this? And would that mean I then get to keep more of the loan? Sounds like simple questions, but…
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student maintenance loans and step parents
Student Maintenance Loans and Step Parents My step son has started his first year at university and we (mother and step father), like many parents up and down the country are now having to make some significant financial savings in order to fund his living costs at university. Our ‘son’ currently receives the minimum…
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Student Loan Repayment Question
Hi, Should I be overpaying on my student loans? I have been out of university for around 6 years now and I am paying about £150 each month out of my pay for my tuition fees. Is it true after 15 years of paying they are scrapped? I would like to know how to go about this, as if this is not true I need to pay more so I pay…
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Register to vote - 5 basics for students
1) The deadline to register to vote in the 2019 General Election is 26 November. It takes just 5 minutes and all you need is your national insurance number, so if you’re eligible, do it! 2) As a student, you can register at both your term-time address and your home address. However, in general elections you can only vote…
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Rent Guarantor - Too Much Information?
I'm going to be a guarantor for my daughter's second-year student accommodation. The first step is to fill in a form that is asking for way more information than I ever had to provide the two times I've done this for her brother. Do I really need to provide my bank account details, NI number and next of kin? They're also…
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How are student loans funded?
Hi Martin, Can you tell me where does the money for student loans come from? I’m guessing private finance organisations? If so, who is footing the bill of the unpaid millions of pounds of student loans? Thanks.
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JEE Main Exam 2020
JEE Main 2020 - National Testing Agency (NTA) has released the sample papers for numerical value questions of JEE Main 2020. Students can check below the sample papers to get idea about type of numerical value questions that will be asked in exam. JEE Main 2020 admit card will be released on December 6 at…
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Bursary - Residual Household Income
Hi, We were wondering if anyone out there is able to provide any additional information on the following We are a low income household, normally less than £35k, however in the tax year being used to calculate this years' household income, it was affected by my wife's redundancy pay, of about £4.5k. This has meant according…
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Student Loan Repayment Threshold (monthly or annual)
Morning all, My wife and I are just reviewing our finances... we are both company directors and receive minimal salary plus dividends. I have paid off my loan but my wife has a considerable amount outstanding. She has an undergraduate Plan 1 loan. The government website states that "The thresholds [for repaying] are £364 a…
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Bank Interest + Student Loan Repayment
Hello. Does Bank interest I recevive from savings accounts and ISA counts as income towards my student loan repayments?
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What to do when student loans dont cover rent?
I am going to be getting the minimum loan which is just over £4000 but with rent being £100 a week that £5200 a year so theres a massive short fall. And yes i know i could just get a job and ive applied everywhere. I do have a disability where I cant lift above my head or stand for too long but its not bad enough for PIP…
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Employer went bust - Uni making me pay tuition fee
Hi everyone New to the forum so hoping I am posting on the correct bit... I am just looking for some advice really.. My partner goes to university part time (1 day a week) whilst working the other days. His employer agreed to pay his tuition fees and so it was agreed they would sponsor him for the whole course. He has now…
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Student Loan repayment plan.
Hi My daughter started university in 2010 and graduated in 2013 borrowing maintenance and tuition fees. In 2015 she did a teacher training course for which she borrowed the tuition fees. For repayments, should she be on plan 1 for the university degree and plan 2 for the teacher training course or will the whole loan be…
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Withdrawing From Masters - Student Finance Help
I received a letter this past weekend from student finance, expressing that they had been notified of my choice to withdraw from my masters degree, yet I am confused by the letter. They sent me another loan entitlement summary, which said I had been paid for my first instalment (which I had) and that explained my payment…
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Best place to sell foreign books?
I have a large number of classic novels in both French and Italian from my student days, but am not up to date with where it would be best to sell them. I am not physically close to a university. Can anyone advise please? Thanks
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SLC Interest on money that is deducted
Hi, I just realized today when I got my SLC statement that I am charged monthly a 3.1 (or 3.3%), but they reclaim my tax from HMRC only on the 31st of March of each year. In the meantime, my account is incurring a compound interest, but they do not apply this interest on the money they get from HMRC. Did anybody else…
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Repaying student loan for OU
I have had to defer my last module with the Open University, due to my own ill health and then my fathers, who subsequently passed away. I was not able to register for this year as I was too late. However, I do intend to complete my module, but I noticed that SLC have started to claim payments from me, even though I…
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Part-time Mature Masters Student
Hi Does anyone know if it's possible to get a student bank account as a part-time mature masters student? I seem to remember the overdrafts were pretty good and it'd be great to 'stooze' it, if possible!! thanks :)
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Help to Buy best after graduation?
Hey, Im just new to the MSE Forum, My question is after graduating is the Help to Buy the best account to get? I'm currently with Bank of Scotland and the interest rates across the board seem pitiful for newly graduating students even with the graduate accounts. I have made the decision to renew my NUS card before losing…