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Student Loans - Pre-1998
Morning. I'm hoping someone can help clarify something for me, as I'm struggling to get any definitive advice. I started University in 1997 (18yo) on a 4-year course and took out a student loan in 1997, 1998, 1999 and 2000. I have deferred payment up to the present as I have been earning under the threshold. It is likely…
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Student Maintenance Loan - Parents/Household Income
Can someone please clarify whether government student maintenance loan is calculated based on the parent's gross or net salary? If on gross - is it the taxable salary (i.e. after the tax-free allowance is taken out of consideration?) Also, my pension contributions are deducted by my employer pre-tax. Presumably, I can…
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SLC/ SFE Legitimate reasons of Appeal , 9 weeks no reply , no reply to complaint , what now ?
It has been 9 weeks since I made an appeal to SFE via email (Student Finance England) The email is in my sent folder , the header shows as sent and the email address is correct . . Frustratingly at the moment there is no concrete way to even know if they have received it it , let alone looked at it .. SFE's policy on…
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Plan 5 - government statistics now show 65% will repay in full
Yesterday the government issued a paper on the new student loans (Plan 5). One key statistic is that 65% are expected to repay the loan in full. https://explore-education-statistics.service.gov.uk/find-statistics/student-loan-forecasts-for-england
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Paying off childs student loan
My husband and i would like to pay off the balance of our sons student loan. Are there inheritance tax implications on this?
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second year undergrad and applying for student loan
hi, just entering 2nd year of my studies in wales. last year i applied while living at family home(again through SFW) and mums income was assessed. relationship has broken down and i will be living in a shared house. I am applying for my finance and cant seem to find anywhere to enter expense details for rent and bills…
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Where to get help for son starting Uni
My son is heading off to Uni in Sept and he will be the first person in our family to attend, so we are all pretty clueless about it and I'm trying to figure out how we can best support him. He was lucky to be accepted in all the ones he applied for. His preferred course was at Manchester however when we looked at student…
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When is it best to pay off Uni fees
Hi guys, I was wondering if this 'financial plan' is feasible. June/2024: My son, currently living in Surrey, is taking his 'A' level exams this month and hoping to go to Queens Uni, Belfast to study physics from Sept/Oct 2024🙏. Given that timeline I am assuming he would qualify for the 'Option 5' student loan to cover the…
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Accidental overpayment
My Daughter unwittingly paid her university accommodation rent twice (once by bank transfer and then again by DD as she wasn’t quick enough cancelling it). After many correspondence and evidence to prove the over payment they agreed to a refund but over a month later she still hasn’t received anything. Does she have any…
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parent support for student loan
Our daughter has been financially independent for 2 years. She is now nearly 21 and is applying for a student loan for a course starting in September 2024. To qualify as independent for her student loan application she would need to have been financially independent for 3 years. We've been asked to submit our income…
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loan instant repayment
I'm wondering if any one knows of anything similar to this situation: our son is in his final year at uni - he's had letters and emails from Student finance to say that his loan for 2021/22 should have been zero and they want the full £9488 repaid as soon as possible. He subsequently received further communication from SF…
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Student loan repayments for a loan I've never had
Hello, I hope someone can advise. For the past 2 months my employer has been making deductions for a student loan, however I have never studied in my life. I have contacted HMRC who advised to speak to the SLC and when I spoke to them they said they had details of an account in my name, however can't give me details as I…
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Student loan plan 5
Hi I’m like for any advice or thoughts to think about on my issue. For context I am A-level student studying physics maths and business expecting straight A’s. I will be completely a 4 year Physics MSci course with an industrial placement next academic year at Bristol university . My grandfather has offered to pay for all…
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Studying a Masters abroad
Hi, I am trying to find out if there is any funding , and student loans or grants for studying a masters abroad, I live in Scotland and have just finished my degree any pointers gratefully received!
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Is it cheaper for high earners abroad to go on the non-compliance rate?
Question is about living abroad and having a plan 2 student loan which has been being repaid every month for the last year and have been asked to provide information for the annual review. My son and I notice that if he does not provide my employment information, he will get charged a 'non-compliance' interest rate and it…
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Interest added after paying off student loan
Hay all I paid off my plan 1 student loan 27/2/23. I had a confirmed direct debit payment plan for the last 11 months of the loan to ensure I didn’t over pay via PAYE. At the end of the 11 months SLC stopped taking any payments as per the plan. I have not had a statement in the post since 2022 and assumed this was because…
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Means testing - Salary sacrifice
Hi I paid into a pension via salary sacrifice. If my child applies for a maintenance student loan, then do I have to declare the money put into salary sacrifice pension? thank you for any help
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No Student Loans to do an MA for over 60s
Hi, I’m 62, in receipt of UC and have just been offered a place at the RCA to do a Photography MA. Looking at Student Loans England, they say that over 60s can get a loan for undergraduate study but not for postgraduate (i.e. MA). Gobsmacked! How is this fair? Tried looking at scholarships and bursaries, but a mind field…
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Being pursued by student accommodation landlord despite never living there or having guarantor
Hi I have previously posted about this but I has been a while and I have only recently been able to gather the information requested I'm hoping someone can't give me some advise regarding an issue my son has. He was attending Winchester University and living on campus for the first year of his degree. Near the end of the…
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Parents in England expected to contribute up to £15,000 a year towards children's uni living costs
Parents and carers in England have to contribute up to £15,127 a year in order for their children to have a minimum acceptable standard of living at university, according to a major new report published today... Read the full story: Parents in England expected to contribute up to £15,000 a year towards children's…
