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Architecture masters - student loan refund/overpayment, any experience?

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tosull
tosull Posts: 1 Newbie
edited 15 November 2023 at 11:58AM in Student MoneySaving
Hello, 

Not sure if anyone has any experience of this. Reading through the student loan refunds, I understand that repayment is due one year after your course is finished. As the architecture master's is considered a single course, does this mean that repayment is due one year after the masters rather than the undergrad? 

Further to the above, if I claim will I "push back" the start date of when the 30yrs expires, I worked full time during this period so likely to get ~£700 or so but not worth it if I loose 4yrs of time. 

Comments

  • silvercar
    silvercar Posts: 49,564 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    edited 14 November 2023 at 7:54PM
    I’ll ask the forum team to move this to the student board.

    my gut feel is that it starts repayment the April after the course finishes.
    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.
  • I also think it’s the April after. I did an undergraduate Masters (although not in Architecture), and the loan system treated it as a four year undergraduate course, with repayment for the whole lot starting the next April. We were specifically told to make sure we didn’t graduate after three years so we’d stay eligible. The 30 years starts at the April you’re due to start repaying - I’m not sure tgat this date is brought earlier even if you choose not to take the loan while studying for the Masters, but either way I’d have thought this would only be pushed back by one year rather than four.
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