Student Finance Overpayment

PepperyPepper01

I completed my undergraduate in 2018 and then started an online MA. I then paused my studies before officially withdrawing a year later and not returning to my studies. 

A couple of years on, Student Finance have been contacting me to say they have overpaid me. Any money I was sent from Student Finance, I sent on to the University who have confirmed with me that they were not overpaid and my account is clear with them. 

Am I correct in thinking, if Student Finance think they are owed money, this is an issue for them to raise with the University as the money went directly to them? 

itsthelittlethings

I got a student loan for a masters, left and then the university asked me for more money, which I had to pay out of my own pocket.

MattMattMattUK

PepperyPepper01 said:

I completed my undergraduate in 2018 and then started an online MA. I then paused my studies before officially withdrawing a year later and not returning to my studies. 

A couple of years on, Student Finance have been contacting me to say they have overpaid me. Any money I was sent from Student Finance, I sent on to the University who have confirmed with me that they were not overpaid and my account is clear with them. 

Am I correct in thinking, if Student Finance think they are owed money, this is an issue for them to raise with the University as the money went directly to them? 

No, you need to ask Student Finance why they think there is an overpayment, unless that is in some of the documentation they have already sent you?

silvercar

Presumably this is from the masters loan? It may depend when you formally withdrew and what portion of that student finance can ask for back - it will be in the terms and conditions you signed up for in taking the loan. You were required to notify them at the time of a change in circumstances.

I expect you would have got around £12,000; paid in 3 instalments during the academic year of about £4,000 each. If you withdrew there may have been a right to ask for the money back in proportion to the time you were no longer a student. The ~£12k was paid to you, for you to use for the cost of your studies and living costs, what you actually did with the money is down to you.