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Deferral letter
I had my deferral letter today for this year from SLC. However, it relates to two loans i.e. 97 and 98. It usually refers to my 00 loan but it does not. Upon investigation on the internet the 00 loan was sold in December 2017. I have not received correspondence about this and more worryingly will I receive a deferral…
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Student loan claiming payments back
Hi I have a £2000 student loan from 2014, at the time they did not tell me I had to pay interest, once I received the first years statement and seen the interest I started paying £30 per month back because I panicked I would owe thousands in the future due to interest. My earnings are under the £21,000 threshold but they…
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Student Loan repayments when not working
I graduated in 2000, and when I started working as a teacher in 2003 I was paying back my loan through PAYE. I have not worked since having my first child in 2008. I have not given a thought to my student loan since then, as I have not been working, so thought it was all fine to just not be paying. Today I received a text…
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American and student finance
Hi, wonder if someone can help. I'm asking on behalf of my son's friend. My son is in his 2nd year at an FE college studying a BTEC extended diploma. His friend on the same course is American born to an English mother, nationality of father I'm not certain. He doesn't live with either parent, neither of them live in the UK…
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'Don't pay your kids tuition fees upfront' Discussion Area
This is the discussion area for the guide Don't pay your kids tuition fees upfront: Many will end up throwing £20,000+ away Please click reply to discuss
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Should I pay my student loan off with a loan?
I earn 45k and have an outstanding plan two loan of £10k with the slc charging 6.1%. Is it cheaper to get a zopa loan and pay it off or continue as is paying £185 a month
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Overseas students
This may be rather premature, but I'm thinking ahead... My kids are currently aged 14 (son) & 12 (daughter). Their mother and I separated over 10 years ago and divorced a few years later; I live in England while they live with their mother, in her home country (outside Europe). My kids are both British citizens, born in…
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Student Loans Abroad
Hey! So I studied from 2012 - 2015 in Northern Ireland and record student loans, etc. Since 2015 to 2017 I was employed in the UK and paid my loan back via pay (it came out with tax as normal. I moved to Republic of Ireland in April 2017 and since then have been laying £100 per month by direct debit. It’s SOOO expensive,…
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Tuition Fees Increase?
Is my university required to give me notice if they decide to increase my tuition fees from one year to the next? The fee amount has increased by over £400 since starting, and whilst this might not be a lot, the interest on it, will certainly make it a substantially bigger amount in the years to come. My course colleagues…
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Huge spike in student loan reclaims
University leavers reclaimed more than £560,000 from the Student Loans Company in December - a huge spike compared to the year before...Read the full story: ' Huge spike in student loan reclaims - check if you can get £100s back' Click reply below to discuss. If you haven't already, join the forum to reply.
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Finance to study in the United States
My son is looking at studying sport in the US, but we are struggling to fund the yearly fees. We are short by about $5,000 per year, for a 4 year period and I have heard the some corporations offer general untied scholarships, that work in the same way as student loans over here, but despite extensive research I have not…
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student finance- Uni costs- help please!
Hi there My daughter is planning on going to University in the autumn. I think she will be eligible for a student maintenance loan of under £4000. Is everyone entitled to this? Is it expected that we will bring her maintenance loan up to the maximum £8430 that some students receive or is that discretionary? The cheapest…
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Inheritance
My son if off to Uni shortly and will obviously end up with student loan "debt". Thinking way ahead if he comes into any inheritance (or any windfall for that matter), is he oblidged/required to use this towards paying off any student loan ? Would like to think he could put it towards his own property etc
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Mature Student - Student A/c worth it?
Hi - I am a mature student (38 y/o) in FT education and will be going to uni in September, I currently have a shocking credit rating/history so I'm just wondering if it's actually worth applying for/getting a student account in Sept, I am doubtful that I will be eligible for an overdraft (I can't get one on my current…
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Santander Student Overdraft
I have a Student Account with Santander, which I've had since 2015. I dropped out of uni after first year and have not used the student account since then. I have a £1500 overdraft which is unpaid - I am now looking to pay this back. Am I likely to have charges on this as I've not paid the £500 in per term? Or will my…
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Part time job
If student want to save money they do part time job
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Please help! Could my part-time postgraduate loan result in me being made homeless?
Hi. Firstly, I'd like to apologise for the length of this, I have looked elsewhere and haven't found anything that can really help me in making a decision as to my next step and I am desperately running out of time. I work part-time in retail, just 14 hours a week (weekends) and earn £450 per month. Just before I started…
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Postgraduate Bank Accounts
Hi, I currently already have a graduate account which i opened after completing my undergraduate degree. I have since gone on to complete a postgraduate degree this year. However this has not allowed me to climb out of the overdraft of my graduate account, which loses its 0% overdraft facility this summer. Would I be…
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Student loan whilst claiming part housing benefit
Forgive me if I have asked this before, but if you claim housing benefit do the council deduct the student loan as earnings or is it disregarded as it's for course fees etc not to live off. If I am working part time as well will this affect the amount of loan received or make no difference? Will the fact that I have a…
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Student loan repayment overseas
HI Has anyone any experience with paying their student loans back after years of living overseas? Do you have to back pay for years you have went without paying? Asking for a friend
