When will your student loan be written off?

AKBCS

I started Uni in  England in September 1997 and got a student loan. I graduated in 2000. I have had to defer paying back every year since and was wondering because I have never made any payments when this loan would be written off? Thanks in advance.

AlexEB

I started uni in Sep 1999, so I thought my student loan would be cancelled after 25 years.

In 2000, the "Education (Student Loans) (Repayment) Regulations 2000" was introduced to change this from cancelling after 25 years, to cancelling when I reach 65 years old.

This seems very unfair to retrospectively change the terms of the loan in 2000 after I started the course in 1999.

I've done a Subject Access Request to the Student Loan Company and they didn't communicate the change to the terms of the loan. The document I signed back in 1999 said:

"I agree to repay to the Secretary of State any amounts lent to me, together with interest and any penalties and charges which may apply according to the THE (Teaching & Higher Education) Act 1998 and the Regulations made thereunder from time to time." 

However, I don't think the THE 1998 act mentions the cancellation policy.

Am I missing something here?

JOMO50

Will a student loan be wiped if you emigrate?

tash1e

Thanks for this Team Martin. I wonder if you have advice for me I am 49 and studied from 1995-1999 and have been paying my SL but I have been on long term sick from my job for four years then became medically retired because they won't write my loan off despite me providing letters from my GPs and Surgeon but the  SL company keep saying that they want to specific wording to say that I will NEVER be able to work ever again but no medical professional is willing to make such a statement. My medical professionals have told me that they tend only to say that if someone is terminally ill and so I am in a constant cycle of telling SL that I am unwell and not able to work and not earning. The interest is accruing and making me more in debt with them. It's really stressing me out and that doesn't help my health situation. I have previously written to them and provided a whole host of supporting evidence to ask for the loan to be written off as it's in year 25 but they wont entertain it. Do you have any advice on any further action that I can take to help get this sorted? Thanks

pennyforthem

I started a Uni course as a disabled student, they did not provide me with what I needed to attend, any course works when I did not attend, I was given my assignments after everyone else, I was excluded from expert visiting lecturers, not allowed to use the equipment other students were, No reading list, I was not given feedback or anything from the most basic work I was given, I repeatedly tried to leave but they sweet talked me into staying every time with promises that never amounted to anything. It really was a very heartbreaking year, and I was told by them that I could have my student fees wiped, which I chose to do, but it was never done. I have tried numerous times to try and find out why, given that during the pandemic students got given their courses virtually and felt they had the right for a reimbursement and if I had received that service it would have been way more than the less than ten lessons I attended the entire year with nothing extra offered, and they actually gave me the option of having my debts wiped!

Does anyone have any idea why they would do this, or who I can try to get the fees removed as offered?

Hogdoodie

My son started his BSC course in 2013 and then went on to complete a masters.  This year 2024, he left the UK to set up a business in Spain with his girlfriend.  They are both Spanish residents and no longer pay tax (or earn) in the UK.  What happens to his Student Loan?  After viewing Martin's VDO on the matter it seems it will wiped after 30 years.  Should he become resident in the UK in the future would this expiry date still stand? Is there a time limit on being a UK non resident? 

rustyboy

Morning all. Got a question about my Plan 1 loan.

I started Uni in 2000 and graduated in 2003. Im 44. I have £1720 to pay off and I pay £124 by monthly direct debit. I earn £39000. 

Has anyone been in the situation where the threshold goes up in April and SLC write and amend the direct debit? Or do I have to do anything?

Thanks