Help With Student Loans - HERE!

student_advisor

Zack1 wrote: »

if I go to Student Services instead they should do that form for me?

Hopefully; different departments have responsibility for this depending where you study. Even if it's not them, they should be able to get it sorted for you. I've only known SFE accept a letter instead of the standard form where it's been a complicated case and I've spoken to SFE and agreed the content of the letter.

Zack1 wrote: »

Would that fix the issue with SFE only thinking they are paying out £1,200ish rather than 3k? Or would I have to re-request that after?

If you have done the change of circs form and stated the new fee but not been awarded it, you might have to also do a tuition fee loan request form to request the new fee.

Indie_Kid

My parents income has gone down this year; due to mum being off sick quite a lot and her hours being reduced.

What percentage does their income have to go down by for them to inform SFE and get my grant looked at again? I'm sure I got told that if the income is roughly the same, they don't need to do anything?

student_advisor

sh1305 wrote: »

My parents income has gone down this year; due to mum being off sick quite a lot and her hours being reduced.

What percentage does their income have to go down by for them to inform SFE and get my grant looked at again? I'm sure I got told that if the income is roughly the same, they don't need to do anything?

15% reduction in income

Indie_Kid

I am currently on a course that I am struggling with and have been told I can join a new course in January. How would this affect my student loan? This is the first year/course I have received funding for.

Zack1

Just wondering, are there any exact payment dates for the bursaries that are handled by SFE? We've been told basically within the next 2 weeks, is there any exact date or does it vary by uni?

MrsManda

Zack1 wrote: »

Just wondering, are there any exact payment dates for the bursaries that are handled by SFE? We've been told basically within the next 2 weeks, is there any exact date or does it vary by uni?

Do you mean the grants you get from your university? I believe they are set by the university themselves. I recieved a letter at the start of term from my university stating what grants they were going to give me and when. This letter/schedule of payment was also included in the correspondance listed in my SFE account. Mine are given: October, February and April.
But as how much you get is based on assessment by the SFE, I presume many students may be getting these later as the university will need to recieve information from the SFE first. HTH

Zack1

MrsManda wrote: »

Do you mean the grants you get from your university? I believe they are set by the university themselves. I recieved a letter at the start of term from my university stating what grants they were going to give me and when. This letter/schedule of payment was also included in the correspondance listed in my SFE account. Mine are given: October, February and April.
But as how much you get is based on assessment by the SFE, I presume many students may be getting these later as the university will need to recieve information from the SFE first. HTH

Thanks, it varies then . The only information we have is December and that they are administered by SFE. I know our uni set the amounts, but thought the grants for different unis may all be paid together at once by SFE. I haven't had a letter, and don't think anyone else has, so just have to wait and see I guess!

leon103

I have been told by someone who is filling in their self assesment tax from that there is a section on the form that allows you to reclaim tax paid on student loans. Is this correct?

I am not self employed and where my pension is not taxable my student loan payment is.

Muffintop_2

Hi,

I defaulted on my loan a year ago and I've been paying back £88 pounds a month to not Smith Lawson Company but to someone else (I can't remember tho'). On Thursday I got a letter from the Student Loans Company telling me thy were giving me a Notice of Intention to Register Student Loan Defaults to credit Agencies for the sum of 831.66. When I got notice from the debt collections agency (I think about February this year), I was told by student loans that my student account was being handled by them and I was supposed to defer to them (I haven't recieved a deferal yet). On monday I got a letter from Smith Lawson Company demanding £700 odd pounds.

I know they employ different agencies when you default but I can't keep track. My memory has been affected by my illness and I find it hard to process the same information as I usually forget whats where still. Who exactly do I owe money to. The student loans company know I haven't recieved a deferal. The company I pay the £88 had said I'd defaulted on my PAYMENTS 3 months ago which I hadn't. I wrote to them and told them to rectify their accounts, they haven't written back saying they have or they haven't.

I'm still waiting for a deferal form for this year.

I really am confused as to who I owe this money to, why can't they just lump it all together and let me pay off that. Why don't they inform you that when you've missed your second payment from when ever they think you've got to pay it that it's missed. Why do they always let it build up for about a year before they tell you.

I know it's not their responsiblity to ensure i pay my bills on time, but crikey, I was out of paying my gas by about £25 and they let me know 14 days after I was supposed to pay it. It seems their debit collection strategy is to wait until it's intentionally large enough so people can't afford to pay it back.

Can they pass the info onto credit agencies? I haven't defaulted on anything in about 2 years, I've been making regular payments to Student Loans through one means or another for the past year.

Any help would be good.

Muffin x

Poolie

leon103 wrote: »

I have been told by someone who is filling in their self assesment tax from that there is a section on the form that allows you to reclaim tax paid on student loans. Is this correct?

I am not self employed and where my pension is not taxable my student loan payment is.

Incorrect. If you complete a self assessment you have to confirm your income for the tax year.

There is no tax on student loans!