Have you been due a learning pupil loan reimbursement for repaying too soon?

Have you been due a learning pupil loan reimbursement for repaying too soon?

Are you aware that over 100,000 graduates are owed cash through the figuratively speaking Company for repaying their loans straight straight right right back prematurily.? And you also might be one of these!

There is just one quantity that counts on your own payslip, and that is the big juicy one at the underside which informs you the amount of money you’re getting paid, right? Well, there is really another important quantity on here, the one which could suggest you are owed a huge selection of pounds.

It’s been revealed that more than 100,000 graduates can use for education loan refunds following the scholar Loans Company (SLC) started repayments that are taking early – and you also might be one of these.

The best benefit is, it is less complicated than you may expect. There aren’t any long types to fill out, and also you could literally make straight straight right back a huge selection of pounds in only a minutes that are few. Here’s your step-by-step guide to exactly just just how it is done…

Whenever would you begin repaying your education loan?

Presently, graduates don’t start repaying their education loan through to the April after their graduation. Therefore in the event that you graduated in July 2016, you’d begin paying down your loan in April 2017, providing you with an eight-month break before repayments are deducted from your own wage.

But, it is also essential to remember that you’ll only begin making education loan repayments within the April after your graduation if you are making over an amount that is certain of, and also this limit will be different according to your individual circumstances.

You earn over ?25,725 a year if you started uni in or after 2012, and you’re from England or Wales, More →