We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Mature Students Repayment Schedule
Options
Hearty1
Posts: 1 Newbie
Can anyone tell me what happens to unpaid loans when you retire. Are they repaid out of your pension???
I am approaching 62 and started my loan in 2009/10 - i am on a 4 year course and when i finish university i will probably not be able to work due to age and jobs market reluctance to employ someone within 1 year from retirement age!!
From my understanding of the rules pre 2005 loans would automatically be wiped out at 65 but what happens to those incurred post 2005??????:rotfl:
I am approaching 62 and started my loan in 2009/10 - i am on a 4 year course and when i finish university i will probably not be able to work due to age and jobs market reluctance to employ someone within 1 year from retirement age!!
From my understanding of the rules pre 2005 loans would automatically be wiped out at 65 but what happens to those incurred post 2005??????:rotfl:
0
Comments
-
I am amazed you were given student funding in the first place
:cool:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards