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    • silvercar
    • By silvercar 17th May 18, 5:53 PM
    • 38,128 Posts
    • 160,330 Thanks
    silvercar
    Hi SLC

    I've heard that you can get a refund if you started repaying early, which i did. But if i get the refund will i not just have to pay them back anyway?

    Vicky
    Originally posted by Vicky-h
    Only if you get to the point where you will have repaid all your loan before it is written off. Forecasts suggest only the highest earners will be in this position.
    • JANE32
    • By JANE32 7th Jun 18, 5:29 PM
    • 3 Posts
    • 0 Thanks
    JANE32
    Still waiting for any student loan money near end of year
    Hi there, I wonder if you could advise. My daughter applied for her first student loan back in sept 2017 and we are still waiting for it to be released. There was a problem because of her changing uni’s at the last minute but that has all been sorted, yet there’s still no sign of any money coming in. She’s had uni chasing her for fees & ive got council tax chasing me for her exemption certificate (she’s still living at home). The council have been very patient with us but they are as fed up of waiting as we are. What can we do to speed this up? Thanks
    • sheramber
    • By sheramber 7th Jun 18, 7:32 PM
    • 5,453 Posts
    • 4,093 Thanks
    sheramber
    Hi there, I wonder if you could advise. My daughter applied for her first student loan back in sept 2017 and we are still waiting for it to be released. There was a problem because of her changing uni’s at the last minute but that has all been sorted, yet there’s still no sign of any money coming in. She’s had uni chasing her for fees & ive got council tax chasing me for her exemption certificate (she’s still living at home). The council have been very patient with us but they are as fed up of waiting as we are. What can we do to speed this up? Thanks
    Originally posted by JANE32
    What have Student Loan Company said about the delay?
    • JANE32
    • By JANE32 7th Jun 18, 7:49 PM
    • 3 Posts
    • 0 Thanks
    JANE32
    daughter spoke to them today and they have just said it is being processed. However this has been going on for so long now, I honestly can’t see when it’s going to end. Can I speak to the company on my daughters behalf? Or is it out of my hands because she’s an adult?
    • Savvy_Sue
    • By Savvy_Sue 7th Jun 18, 8:28 PM
    • 39,181 Posts
    • 36,086 Thanks
    Savvy_Sue
    They will have a complaints process: you can find out what it is and get your DD started on it. Student Union - maybe the welfare office? - might also help with that. Also, once you've put the complaint in, consider involving your MP.

    When I worked at a university, she would not have been allowed to take her exams before her fees had been paid. That's an untenable situation.
    Still knitting!
    Completed: 1 adult cardigan, 3 baby jumpers, 3 shawls, 1 sweat band, 3 pairs baby bootees,
    1 Wise Man Knitivity figure + 1 sheep, 2 pairs socks, 2 hats, 2 balaclavas for seamen, 1 balaclava for myself, multiple poppies, 3 peony flowers, 4 butterflies ...
    Current projects: ready to decrease / decreasing on all parts of the mohair cardigan pattern!
    • Starrystarrynight1
    • By Starrystarrynight1 9th Jun 18, 5:40 PM
    • 228 Posts
    • 366 Thanks
    Starrystarrynight1
    JANE32, your daughter can contact student finance and ask to set you up as someone who can call on your behalf. I think they will need a few personal details and you might need to select a password. At least that way you can speak to them, though I don't think you will be allowed to do things like make changes.
    -------------------------------------------------------------------------------------------------
    I used to be Starrystarrynight on MSE, before a log in technical glitch!
    • Hollyc84
    • By Hollyc84 13th Jun 18, 7:43 AM
    • 1 Posts
    • 0 Thanks
    Hollyc84
    Hello! I saw Martin speak on this morning about claiming back overpayments. I've just come back off maternity leave. I earned 20000 whilst off and paid 800 student loan. from my calculations I've overpaid 555. I rang up yesterday and he said I can't get anything back as they don't work it out annually they do it monthly or weekly. I tried to argue my case but he just said no! Have I got anything else I can do here? He said that it's rare for anyone on maternity to get anything back as on the months they get paid they pay 2% over the threshold on that. it's not 2% over the annual threshold. Thanks in advance! Holly x
    • brutha
    • By brutha 7th Jul 18, 3:15 PM
    • 8 Posts
    • 1 Thanks
    brutha
    Hello,
    My son started Uni. a couple of years ago but didn't finish his first term.
    The next year he started a new course at a different Uni. and is now waiting to go into his second year.

    Student Finance are insisting he pays back the Maintenance Loan and Tuition fees for the first year that he didn't finish. He explained he is still a student, but they said he still has to repay the first term's loans. So, he's paying them £10 a month.

    We've just had a statement where he's paying two lots of interest.
    One at 3.1% and the other at 6.1%
    Both of the amounts are greater than the £10 amount he's repaying.
    (The last monthly interest amount was £38.78)

    These interest payments are crazy! (Aren't they? Or is it just me?)
    Can anyone tell me if it's correct that he has to be repaying now, even though he's still a student?
    • Ed-1
    • By Ed-1 7th Jul 18, 4:02 PM
    • 2,413 Posts
    • 1,256 Thanks
    Ed-1
    Hello,
    My son started Uni. a couple of years ago but didn't finish his first term.
    The next year he started a new course at a different Uni. and is now waiting to go into his second year.

    Student Finance are insisting he pays back the Maintenance Loan and Tuition fees for the first year that he didn't finish. He explained he is still a student, but they said he still has to repay the first term's loans. So, he's paying them £10 a month.

    We've just had a statement where he's paying two lots of interest.
    One at 3.1% and the other at 6.1%
    Both of the amounts are greater than the £10 amount he's repaying.
    (The last monthly interest amount was £38.78)

    These interest payments are crazy! (Aren't they? Or is it just me?)
    Can anyone tell me if it's correct that he has to be repaying now, even though he's still a student?
    Originally posted by brutha
    Yes, it's correct as he's only eligible for a fraction of the first year's amount for the time he was on the course. When SFE were notified he'd left that course, they recalculated his entitlement. Anything received that he wasn't entitled to is repayable immediately (negotiated by a payment plan). The amount he was entitled to is then repayable from the following April through 9% of salary above the relevant repayment threshold (currently £25,000 for plan 2 loans). When a loan enters repayment status (and the 30 year write-off period starts), the interest rate drops from RPI+3% to RPI - RPI+3% depending on his salary, but only for that course's loan. Any loans taken out for further courses are treated separately.
    • silvercar
    • By silvercar 7th Jul 18, 4:51 PM
    • 38,128 Posts
    • 160,330 Thanks
    silvercar
    Hello,
    My son started Uni. a couple of years ago but didn't finish his first term.
    The next year he started a new course at a different Uni. and is now waiting to go into his second year.

    Student Finance are insisting he pays back the Maintenance Loan and Tuition fees for the first year that he didn't finish. He explained he is still a student, but they said he still has to repay the first term's loans. So, he's paying them £10 a month.

    We've just had a statement where he's paying two lots of interest.
    One at 3.1% and the other at 6.1%
    Both of the amounts are greater than the £10 amount he's repaying.
    (The last monthly interest amount was £38.78)

    These interest payments are crazy! (Aren't they? Or is it just me?)
    Can anyone tell me if it's correct that he has to be repaying now, even though he's still a student?
    Originally posted by brutha
    While he is a student the interest rates will be high. The £10 he is paying is from an agreed plan to repay an overpayment, it is not a student loan repayment. Student loan repayments only occur after a course has finished and when the (ex-) student is earning.

    Looking back with a crystal ball, he should have agreed a course withdrawal date that would have allowed all the student loan he had received to be allowed and avoid this partial repayment.
    • minimad1970
    • By minimad1970 7th Jul 18, 6:57 PM
    • 4,730 Posts
    • 9,918 Thanks
    minimad1970
    My son is thinking about a postgraduate course but needs some advice about loans. He's been entitled to ESA for a year but the payments have only just started due to his student loan payments. He's in the support group for ESA and also receives low rate DLA both care and mobility. When he was doing his degree he received £7898 a year which was made up of a maintenance loan and a grant.

    The fees for the postgrad course are £6950 which is payable from a loan of £10,609. Does anyone know if there are any grants available for this type of course, or if he would receive either all or some of his ESA? Thanks for any help.
    • brutha
    • By brutha 7th Jul 18, 7:10 PM
    • 8 Posts
    • 1 Thanks
    brutha
    Thank you Ed-1 & silvercar.
    He only received payments for the first term, but with these interest rates, it's amounting to quite a debt already.
    What a start for a young person...
    • Ed-1
    • By Ed-1 7th Jul 18, 9:54 PM
    • 2,413 Posts
    • 1,256 Thanks
    Ed-1
    Thank you Ed-1 & silvercar.
    He only received payments for the first term, but with these interest rates, it's amounting to quite a debt already.
    What a start for a young person...
    Originally posted by brutha
    The balance (including interest) is only the maximum he owes though. The majority will pay far far below that. He only owes 9% of his salary above the threshold for up to 30 years. Anything extra is paid by taxpayers after 30 years. So the higher the balance the bigger the grant in effect.
    • joistoan
    • By joistoan 8th Jul 18, 5:35 PM
    • 4 Posts
    • 0 Thanks
    joistoan
    Query re proof of income
    Hi could anyone explain the logic behind the situation I find myself in! My son is starting uni in Oct so for the first year only (as he will be 25 next year) it is based on my income. I have accepted that even though he has lived away from home for 5 years earning his own money this is how it is. I've provided income details for 16/17 and 17/18. I recently (in the last couple of months) separated (not sons father) but they want proof of this. Even though the income period is from when we were together. Where does this even begin to be relevant. They aren't using this year's income. Surely I should be providing both of our incomes? It's under the threshold anyway but I'm going to have to shell out for a proof of separation deed. Any advice gratefully received!
    • Savvy_Sue
    • By Savvy_Sue 8th Jul 18, 5:40 PM
    • 39,181 Posts
    • 36,086 Thanks
    Savvy_Sue
    You can ask for a 'current year' assessment if it's going to make a big difference.

    BTW, I am not sure if the assessment will change to him being 'independent' in his second year, or whether whatever basis it starts on carries on throughout the course.

    This is not my area of expertise so you will have to hunt around the SFE website or hope for a more informed response.
    Still knitting!
    Completed: 1 adult cardigan, 3 baby jumpers, 3 shawls, 1 sweat band, 3 pairs baby bootees,
    1 Wise Man Knitivity figure + 1 sheep, 2 pairs socks, 2 hats, 2 balaclavas for seamen, 1 balaclava for myself, multiple poppies, 3 peony flowers, 4 butterflies ...
    Current projects: ready to decrease / decreasing on all parts of the mohair cardigan pattern!
    • joistoan
    • By joistoan 8th Jul 18, 5:54 PM
    • 4 Posts
    • 0 Thanks
    joistoan
    Thanks Sue - it doesn't make any difference as the combined income was well under the threshold to contribute anyway. I was advised by slc that once he's independent it's assessed on his income. Which is why it makes no sense at all!!! Im even more confused having just lifted this from gov. Uk.as this criteria does not apply! He came back home for a short period after travelling this year but now lives independently. I'm wondering if he applied when here........
    What counts as household income

    Your household income is your!taxable incomeplus the income of:

    your parents - if you’re under 25 and live with them or depend on them financially
    one of your parents and their partner - if you’re under 25 and live with them or depend on them financially
    your partner - if you’re over 25 and live with them (even if they spend most of their time abroad)
    • Starrystarrynight1
    • By Starrystarrynight1 9th Jul 18, 2:43 PM
    • 228 Posts
    • 366 Thanks
    Starrystarrynight1
    SLC have to use the last complete tax year prior to the beginning of the course to assess income so that all dependent students are treated the same but, as you're separated now, it wouldn't be fair to ask for your estranged husband/partner's income, too. You'll need to check what can be accepted as proof that you're separated, but it used to be a decree nisi/absolute or council tax bill which shows the single adult occupant discount.
    -------------------------------------------------------------------------------------------------
    I used to be Starrystarrynight on MSE, before a log in technical glitch!
    • katria
    • By katria 9th Jul 18, 6:18 PM
    • 2 Posts
    • 0 Thanks
    katria
    help please refused student loan
    Hello I have a place at uni in september but have been refused student loan as i have been living with my relatives in Thailand not EU ,I am a British citizen born here but my father was unable to look after me as he is disabled and has been on benefits since his accident . I am now in UK with my father and the student loans company told us that i would be getting a student loan as my dads disabilities allowed a dispensation for the 3 year residence rule ,, but today we have been told that that is now not true ,, so now I am unable to proceed with my degree .

    Are they wrong as we have been given conflicting info by the student loan company and the university says that as my father is disabled I should get funding .

    what can i do ? I aleady have a job here but they are now telling me I cant study until I am 22 and gan have a loan

    any advice would be appreciated
    • _shel
    • By _shel 9th Jul 18, 7:10 PM
    • 1,612 Posts
    • 2,803 Thanks
    _shel
    You need 3 years residence not as a student to be eligible for loans even if British. Never heard of allowances being made for disability, only to those forced to travel with parents such as children of MOD etc

    You'll need to work or self fund. You'd currently be charged as an international student anyway.
    • katria
    • By katria 9th Jul 18, 9:17 PM
    • 2 Posts
    • 0 Thanks
    katria
    The Uni has said we have to pay £9885 before term starts in september . clearly impossible we have no savings and my work only pays minimum wage , so now all my plans are in tatters .
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