Have Student Loans Company Extended The 25 Year Write Off Clause to 30 Years!?

Sa_Griff

I have just had my deferment forms sent through and as I am on a Plan 1 Loan, I was mulling over the fact that I am now on a limited number of deferments as the 25 Year write off will come into place next year. I have 3 loans from 93,94 and 95 on one agreement and a seperate agreement for 97. I then wondered if my undergraduate loans should actually have been written off last year. When i went to the Government student loans site, to get some more information, I saw that it states that plan 1 loans now have a 30 year write off window? When did this change? Are they allowed to change this without informing me as it would appear to be a change in the loan agreement? Also, do I need to request this from the SLC? Thanks for any advice!

[Deleted User]

The government site  says plan 1 is written off at 65 for 2005/6 or earlier and 25 years is for 2006/7 or later

The MSE blog says 1990-1997 start date is 25 years or when you reach 50 if you started before you were under 40 when you got the loan 

All a bit mess, sorry I can't advise better but I cannot see any reference to it being 30 except for Scotland 

nick74

Sa_Griff said:

I have just had my deferment forms sent through and as I am on a Plan 1 Loan, I was mulling over the fact that I am now on a limited number of deferments as the 25 Year write off will come into place next year. I have 3 loans from 93,94 and 95 on one agreement and a seperate agreement for 97. I then wondered if my undergraduate loans should actually have been written off last year. When i went to the Government student loans site, to get some more information, I saw that it states that plan 1 loans now have a 30 year write off window? When did this change? Are they allowed to change this without informing me as it would appear to be a change in the loan agreement? Also, do I need to request this from the SLC? Thanks for any advice!

Your student loans are not 'Plan 1'. Plan 1 loans were only introduced for students starting courses from September 1998 onwards. Yours will be the original 'mortgage style' student loans, as they were known at the time. ISTR with this type of loan that the write-off is 25 years after the last loan of that type taken out, so as your last loan was in 1997 the write-off should be in 2022.