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Plan 2 paid off...payments reallocated to plan 1
Hi everyone I have 2 student loans: plan 1, plan 2. Plan 2 was paid off sometime last year, but on monitoring it online I can see my salary payments are still going to it, and the payment is then reallocated to plan 1, of which £13700 is remaining. My plan 2 loan continues to have a few pence Owed and thus I'm accumulating…
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Help call out for resources
Hi, My name is Reece and I am very grateful to be working as a sabbatical officer in a students union based in the east of england. As part of my campaigns I want to compile together list of schemes and resources students may not necessarily know they're able to access (i.e low income schemes aimed at ANYONE as opposed to…
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Exemption of Student Loan for Chemistry Teacher
my daughter earned £23,000 as a Chemistry teacher last year but does not need to pay any loan repayments even if she reached the threshold as they currently have an exemption. She also earned £23,000 as a self employed tutor which they have charged her student loan repayment on £18,000 of it. Surely if Chemistry teachers…
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New guide: Degree Apprenticeships
Our new guide is now live: 🎓 Degree Apprenticeships 🎓 Gain a degree, experience and a salary
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Repaying both Plan 2 and Plan 5 loans
Hi, I have and am currently paying for my plan 2 loan that I took out a few years ago for my undergrad nursing degree. I have just started a masters degree in midwifery but have been advised by SFE that if I apply for another student loan for my masters, it will count as another undergraduate loan (despite being a masters)…
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Student Loan refund
Thanks to the heads up a few months ago my son received a £400 refund yesterday.
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Student Loan Overpayment from Backpay
My employer has paid me a back payment of maternity leave that was due in the 22/23 tax year and I have had student loan deductions taken off from the backpayment. My total maternity pay and backpayment is below the repayment threshold for the year 22/23 but SLC have said this doesn't qualify for a refund as it was paid to…
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MSE News: English student living loans to rise by 2.5% – but this is a real terms CUT, warns Martin
English student living loans will rise by 2.5% from September, the Government has announced. But with inflation currently at 4%, it means students will see ANOTHER real terms cut in the amount they get to help them with living costs. MoneySavingExpert.com (MSE) founder Martin Lewis has warned that this is one of the…
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Masters Mature Student Loan query
I'm getting really confused - can someone explain...if I can get a student loan. Mature student - self funded by BA Hons with the OU many moons ago. I'd like to do a Masters in history/archaeology distance learning or part time or a BA in speech and language therapy full time. Can I get a loan? I am also have a disability.…
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Student Loans Company (SLC) - Am still paying is this right??
Hi everyone, I am trying to ascertain about my student loan (feel free to move this thread to another section of the forum that is better suited). I received a message from the SLC saying that as my loan is almost paid off, I have to pay the remaining balance off via direct debit (approx £2350) to prevent overpaying. I…
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Should I pay off my advanced learner loan
I currently owe 2700 for an advanced learner loan I was miss sold in 2015 should I pay off the balance as the interest rates are high or is there any way I can get it written off ?
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Student loan calculations and consolidation
Rather than make a few seperate threads as they're both loan based questions I thought I'd put them both here, hope someone can help Background - I'm doing ok on paper, but due to personal circumstances and supporting people a few years ago I racked up a lot of debt, my income is reasonable, life should be relatively…
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Late write off advanced learner loan
I have just received an email stating that my advanced learner loan has been delayed in being written off... "We’re sorry that it’s taken us so long to write off your Advanced Learner Loan balance. We should’ve done this when you finished your higher education course. What we’ve done We wrote off your Advanced Learner Loan…
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Can you Salary Sacrifice student loan repayment(s)
Dear Team, partner has £30k in Student Loan to repay. Looking to repay it ASAP as the interest on it now is 7.6%!! Can you increase your repayments via your employer payslip? If so - is it on Gross salary - ie reduces your Tax and NI costs? The current default is 9% which will barely cover the interest charges. So looking…
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Studying Abroad
Part of my daughter's degree included the possibility of studying abroad for a year but wasn't accepted for any of her choices and backups. She wanted to study in Japan, partly because of the degree she's doing and partly cultural but missed out on a 1.1 the first year by 1% which probably affected her chances. It was a…
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Could I get a student loan?
Hi all I am considering doing an open university degree in history. Now back in 2013 I was on a course for nursing and if was diploma level and fully funded by the NHS back then. I had to leave the course as I lost.my hearing. Depsite studying for 2 years they gave me a higher national certificate in health studies which…
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Student loan, household income questions
Hello,On the student loan website it asks for your household income and states that this is is your 'taxable income'. I have received a severance payment when I left employment this year so should I declare just the amount (not much) above the £30,000 tax free limit or the whole amount? There is no mention of such…
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Cipd loan
Hi, I am looking for some advice. I started my cipd in march,self funded. I am doing this via Dpg. I tried applying for student loans but they said it wasn't a recognised provider. I called and they weren't very helpful. Since then I have read there are other loans available for people on my situation. I work part-time and…
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Architecture Student Missing National Insurance Contributions
Hi all, After 7 years of full-time study in London, I am a 33-year-old fully qualified architect. My summers between university years and my two years between my undergraduate degree and master's degree were spent working. I have checked my National Insurance Contributions online and, as expected, I'm missing about 6 years…
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Maintenance loan decrease
Hi, I am a student currently and get the maximum maintenance loan from student finance. This started the year around £9950 but I received a letter 6th November decreasing the amount to £9436. I can’t find anything saying the government were reducing the maximum figure. I would have expected that to be in the news. Has this…