Help With Student Loans - HERE!

BruceyBonus

robnye wrote: »

if thats the case,then english students would also be classed as EU..... yet they have to pay course fees....... :mad:

England, Wales and NI are excluded from free tuition in Scotland. Only Scottish and other EU students benefit from this.

robnye

BruceyBonus wrote: »

England, Wales and NI are excluded from free tuition in Scotland. Only Scottish and other EU students benefit from this.

must a historical thing...... you know vikings n longboats......:rotfl:

mel gibson has a lot to answer for

aat_2

The_One_Who wrote: »

Sweden is a member of the EU, right? So you might be classed as an EU student. This would also give you free tuition fees in Scotland, as far as I understand it. Although, I don't know the requirements for it, but could be worth a look.

What I'm worried about is whether EU students are entitled to less money than Scottish students. Do the SAAS expect another country (ie Sweden) to pay certain fees? Or will I get the same deal as any Scottish student? And does being an EU student mean anything else about the way I might be treated that I should know?

Thanks,
aat

The_One_Who

EU students get their fees paid by SAAS because it is a reciprocal deal. Scottish students studying outside Scotland but within the UK do not get free tuition, but if I was to go to France it would be free to study. SAAS can help to an extent, but the students still have to pay. Also, English and Welsh students (not sure about NI) seem to get more money in the form of maintenance grants and loans with most universities giving some form of bursary. Scottish tuition fees for UK students are also cheaper than their local counterparts.

I'm not really sure what you are asking, aat. But if you go onto the SAAS website and have a look around you'll probably find something, otherwise I'd get in touch with them (there is an e-mail address on the website) and they should be able to give you more definitive answers.

martin84

lisle wrote: »

hi there
i have just read this statement on the student finance direct site & wondered if someone could clarify it for me:-

If you have been identified as a PAYE or Self-Assessment repayer, interest accrual will be suspended from the start of the tax year until the end-of-year repayment details are received from HM Revenue and Customs (HMRC) (formerly the Inland Revenue). Interest for the previous year will then be calculated and applied to your account retrospectively upon receipt of your repayment details.

Thank you in advance

you will still get interest,
it is just not applied to your account until HMRC advise what you have paid for the previous tax year

martin84

beediebeedie wrote: »

I have a student loan that I will now be repaying via my wages, however I would like to know whether or not it is a good idea to repay more voluntarily?

I will be paying back £54 via my wages for at least the next 3 years, which is a petty amount!

I currently owe £12,600 and am accumulating interest at around £50 per month! In September the Government doubled the interest rate from 2.4% to 4.8%!!

I realise that this is the cheapest loan that I will ever get, however my balance is increasing by £50 each month, and I do not know whether it would be smart to pay some off. What would you advise? Thank you

if your financially able to its obviously always better, this loan wont go away, until your 65 or pay it off

martin84

aat wrote: »

Hi, I'm wondering about my elegibility as a Scottish student. I moved with my parents to Sweden when I was 16, then spent 2 years after working and travelling, therefore I can't say in the form that I was 'ordinarily resident in the UK since 2005'. My parents left quite a few years ago, so I can't say so for them either.

I called the SAAS and the guy said perhaps I should apply for elegibility as an independent student, but I have only been independent for 24 months of the 36 they require (no kids, no partner or anything that would exempt me from this). Is it worth trying, and would I get the same loan as a dependent student?

Thanks!
aat

more info here
http://www.direct.gov.uk/en/EducationAndLearning/UniversityAndHigherEducation/StudentFinance/StudentsFromOtherEUCountries/DG_065322
you would be classed as an eu student

martin84

aat wrote: »

What I'm worried about is whether EU students are entitled to less money than Scottish students. Do the SAAS expect another country (ie Sweden) to pay certain fees? Or will I get the same deal as any Scottish student? And does being an EU student mean anything else about the way I might be treated that I should know?

Thanks,
aat

when classed as an eu student, your not entitled to any loan or grant,
you would only be studying for free

Doghampton

martin84 wrote: »

thats not the student loan,
its could be that your not yet matched up with the records, you can ask your employer if they have received an SL1, this is a notification to start deductions, if you at anytime of the year go over the £1250 monthly threshold to take deductions. if they havent received this then you could call them to get the deductions started. dont worry though your deductions wont be backdated

Hi - and thanks for your reply

Just got a payroll reply from my employer (finally) and they state that I need to contact HMRC to send them notification to start deductions. I thought that was up to the employer?

gozaimasu

martin84 wrote: »

you will still get interest,
it is just not applied to your account until HMRC advise what you have paid for the previous tax year

Yeah but interest is added monthly isn't it?