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STUDENT LOAN

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Hi all. I'm in northern ireland. And was worrying is there a plan to reduce or delay student loan repayments?   Due to the coronavirus 

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  • [Deleted User]
    [Deleted User] Posts: 4,176 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
     No, why would there be? You pay according to your income. If you've lost your job or hours or been furloughed your payments will decrease or stop. 
  • mattyprice4004
    mattyprice4004 Posts: 7,492 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Payments are income based as above, so no need for changes.

    if your income is still good you can still
    afford to pay, and if not then they’ll decrease or stop automatically. 
  • i need help and advice. i started a new course with a student loan. After couple of weeks into the course i received an email from the college that i have been withdrawn from the course due to insufficient academic level in which i disagree with them, because the decision was based on our first assignment. meanwhile, there are couples of students who did not even present the assignment and still on the course.
    My question is, can i claim tuition fee refund, because i am a matured student, left my full time job to pursue the course, i couldn't complete the course and i am left with a debt of about £5000.
  • Semple
    Semple Posts: 392 Forumite
    Seventh Anniversary 100 Posts Name Dropper Combo Breaker
    i need help and advice. i started a new course with a student loan. After couple of weeks into the course i received an email from the college that i have been withdrawn from the course due to insufficient academic level in which i disagree with them, because the decision was based on our first assignment. meanwhile, there are couples of students who did not even present the assignment and still on the course.
    My question is, can i claim tuition fee refund, because i am a matured student, left my full time job to pursue the course, i couldn't complete the course and i am left with a debt of about £5000.
    This doesn't sound related to the coronavirus situation. You may get a better answer posting on a more suitable board. 
  • silvercar
    silvercar Posts: 49,635 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    edited 22 April 2020 at 9:17AM
    Moved to the Student Board for more focused help.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • [Deleted User]
    [Deleted User] Posts: 4,176 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    i need help and advice. i started a new course with a student loan. After couple of weeks into the course i received an email from the college that i have been withdrawn from the course due to insufficient academic level in which i disagree with them, because the decision was based on our first assignment. meanwhile, there are couples of students who did not even present the assignment and still on the course.
    My question is, can i claim tuition fee refund, because i am a matured student, left my full time job to pursue the course, i couldn't complete the course and i am left with a debt of about £5000.
    Highly unlikely because up until you were withdrawn you did receive what you paid for. Don't worry about the debt, you are not liable to pay it back until you are earning enough again. 
  • John_
    John_ Posts: 925 Forumite
    500 Posts Name Dropper
    i need help and advice. i started a new course with a student loan. After couple of weeks into the course i received an email from the college that i have been withdrawn from the course due to insufficient academic level in which i disagree with them, because the decision was based on our first assignment. meanwhile, there are couples of students who did not even present the assignment and still on the course.
    My question is, can i claim tuition fee refund, because i am a matured student, left my full time job to pursue the course, i couldn't complete the course and i am left with a debt of about £5000.
    It is rare for a college to eject someone nowadays for academic reasons, as they get to keep the fees if they keep them on, so you’d likely need to be a long way below the expected standard to be kicked out.
    Did you satisfy the conditions for entry (as in take and pass the exams yourself), and did you do the work fully, and well?
    Had anyone brought up your academic performance previously?
    English clearly is not your first language, do you speak, read and write it well enough to manage your course?
  • Hi
    So i am in a pretty unique situation where i have saved enough money to live while at university and I am getting my tuition fees paid. However i was debating if it would be a good idea to apply for student finance to support me through uni, so i can use the money put aside as a deposit for a house after i graduate. would this be a sound idea? or am better off taking the long road and saving once i graduate and get a job? to give a little context i expect to be earning around £35,000 a few years after graduating. 
  • [Deleted User]
    [Deleted User] Posts: 4,176 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    most most won't see your post here, tagged on the end of someone else's thread. 
     Best start a new thread. 
  • silvercar
    silvercar Posts: 49,635 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Hi
    So i am in a pretty unique situation where i have saved enough money to live while at university and I am getting my tuition fees paid. However i was debating if it would be a good idea to apply for student finance to support me through uni, so i can use the money put aside as a deposit for a house after i graduate. would this be a sound idea? or am better off taking the long road and saving once i graduate and get a job? to give a little context i expect to be earning around £35,000 a few years after graduating. 
    In theory that is a good idea. Earning 35k a few years after graduating will mean you repay around £900 a year off your loan. At that rate you will never clear the loan, so better to put the money to good use as a deposit. Though if your income increases in the future you may find that your repayments increase. Crystal ball time I'm afraid.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
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