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Student Loan Concession
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Well you only pay if you are earning above a certain amount. What other special circumstances might come in to it?I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
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Tight247 said:Hello Guys
I was wondering if anyone knew whether there are any concessions with the student loans depending on your individual circumstances. Apart from the fact, it gets written off if you pass away or hit the retired age. Thanks.
After the applicable time period depending on your plan, upon death, or in the case of a disability or terminal illness which would permemantly remove one's ability to work.
https://www.gov.uk/repaying-your-student-loan/when-your-student-loan-gets-written-off-or-cancelled0
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