Erudio Student loans. Lower average wage? Childcare salary Sacrifice

the_quiff

I've just received my application for deferment for my Student loan, for the years 97,98,99 and this year I swear the average wage is lower than previous, or its not moved at all. It says if you earn more than £2227.25 gross per month.


Also other issues I have with it is that I do part time self employment and the work is never guaranteed. I need to declare it but should I add a note, would it be considered.

Also at my employment, I took a salary sacrifice for a pension scheme so my yearly wage is a lot low than the above figure. On my payslip that they will see shows my basic pay as £2210. Then pension Salary sacrifice as -£203.93 then to add further complication Childcare Vouchers of -£243.00 all of this is in the before Tax, so what figure should be my gross income.

gardenia101

the_quiff wrote: »

I've just received my application for deferment for my Student loan, for the years 97,98,99 and this year I swear the average wage is lower than previous, or its not moved at all. It says if you earn more than £2227.25 gross per month.


Also other issues I have with it is that I do part time self employment and the work is never guaranteed. I need to declare it but should I add a note, would it be considered.

Also at my employment, I took a salary sacrifice for a pension scheme so my yearly wage is a lot low than the above figure. On my payslip that they will see shows my basic pay as £2210. Then pension Salary sacrifice as -£203.93 then to add further complication Childcare Vouchers of -£243.00 all of this is in the before Tax, so what figure should be my gross income.

I suggest you make yourself a strong flask of coffee, forget any plans you may have had for today & read this thread.

It may answer some of your questions, but possibly not the answers you want. Welcome to the nightmare that is Eudio.

rizla_king

the_quiff wrote: »

I've just received my application for deferment for my Student loan, for the years 97,98,99 and this year I swear the average wage is lower than previous, or its not moved at all. It says if you earn more than £2227.25 gross per month.

yes the level did drop massively.

http://www.moneysavingexpert.com/news/loans/2014/08/student-loan-deferment-threshold-to-fall-qa-on-why-its-happening

suspiciously convenient for Erudio

Thrugelmir

Your actual gross income. Salary sacrifice is your choice.

dizzybuff

Be prepared for them to majorly mess up your calculation as they did mine. Adding my childcare vouchers to my pay making my pay 2400 more than I actually earn.