In Year One Of Course - Want To Change

MrsManda

ElliotReid wrote: »

Hello again!
Just had a very unhelpful call with the student loan people with a man who really didn't want to help me.Apparently all I do is fill in a CO1 form for change of circumstances and send it to the LA who may decide they've overpaid me and want it back.
... So then what?! all I'm getting is more stressed out and he wasn't going to go into it any further! If they've overpaid me - how can they claim it back? would it be in one fell swoop? The IB people want a letter saying it's ended and i'm trying to get one but there's noone answering the phone at the council as yet.
Thanks guys.

The person you spoke to probably couldn't give you any more information than he did. Once you've filled in the CO1 form it is up to the LEA not the SLC as to how they decide to proceed as they are the ones who made the decision to give you the money initially. It is unlikely that the LEA will request all overpayments to be repaid immediately, and not entirely certain they'll ask for it back at all. If they do request it all you'll be able to speak to them about an installment plan rather than paying it back in a lump sum. They'll take into consideration your current situation and work it out with you.

What letter do you need? To say what's ended?