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!
Claiming overpaid student loan
Options
dont_use_vistaprint
Posts: 809 Forumite
Hi
One of my kids earns 20K, so £1666 per month. In April will get 2K bonus , which will put them over the monthy threshold of £2083 but not the annual threshold of £25K.
Looks like they will have around £142 automatically deducted for loan repayment that cannot be claimed back until April 2023 , is this correct ?
How do they then claim it back - via self assessment ?
Thanks
One of my kids earns 20K, so £1666 per month. In April will get 2K bonus , which will put them over the monthy threshold of £2083 but not the annual threshold of £25K.
Looks like they will have around £142 automatically deducted for loan repayment that cannot be claimed back until April 2023 , is this correct ?
How do they then claim it back - via self assessment ?
Thanks
The greatest prediction of your future is your daily actions.
0
Comments
-
Your kid will ring the Student Loans Company
https://www.moneysavingexpert.com/students/student-loan-overpayment-refund/
Debt Free: 01/01/2020
Mortgage: 11/09/20241
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