Thesis servicing student loan from 1997

[Deleted User]

Hi all

I have a mortgage style student loan with Thesis servicing. Last year I paid off three loans with erudio with the last loan taken out in 2001. The thesis loan is around 2k and I think will be written off in 2026 i.e 25 years after my 2001 loan. Anyway I'm looking at a statement from last year and it says 'duration of agreement 60'. I'm thinking this might mean 60 monthly payments? This is equal to 5 years yet my understanding is there is a max of 4 years left or 48 months.

I'm above the salary threshold now so will need to start making payments but I'm wondering if the write off will arrive before the agreement finishes. Is thesis bound by 60 payments or could they try and collect the outstanding amount in fewer in light of the write off date? I've emailed them a couple of times but to date haven't received a response. 

Thanks

kaMelo

.
The repayment terms for mortgage style student loans are set in legislation according to the original terms of the loan. When your earnings take you above the earnings threshold then your student loans become repayable. Essentially they become a fixed term loan repayable over 60 months (84 months if you took five or more loans). 
But, unlike normal fixed term loans, as long as you are and always have been up to date with deferral/repayment, then the write off date is exactly what it says, all money owing is written off and nothing more is repayable.

Thesis agreed to these repayment terms when they bought the loan book, they cannot change them just because the write off date may precede repayment.