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Student loan to be paid off next month

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razoni
razoni Posts: 24 Forumite
Ninth Anniversary 10 Posts Combo Breaker
edited 9 July 2023 at 5:29PM in Student MoneySaving
Hi,

So from my calculations I now owe about £650 left of my 20k student loan (wooo!!). I currently pay off this amount each month and thus next month after deductions my student loan will be full paid off. Now I am wanting to make sure I don't end up paying in subsequent months and having to reclaim at a later date. 

Please could anyone advise the best way to make sure I don't over pay. Appreciated. 

Comments

  • silvercar
    silvercar Posts: 49,530 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Contact the slc. It may even be easier to arrange to pay the remainder of the loan by a one off payment or direct debit and for the slc to cancel your paye deductions. By agreeing to this, the notice to cancel paye deductions will be processed quicker. 
    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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