Did you know over 100,000 graduates are owed funds through the figuratively speaking Company for repaying their loans right back too quickly? And you could possibly be one of these!
There’s only 1 quantity that counts on the payslip, and that is the juicy that is big at the underside which informs you the amount of money you’re getting paid, right? Well, there is actually another number that is important here, the one that could mean you’re 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) began taking repayments too early – and you could possibly be one of these.
The part that is best is, it is easier than you possibly might expect. There are not any long forms to fill out, and also you could literally make straight straight back hundreds of pounds in only a short while. Here’s your step-by-step guide to how it’s done…
What is on this site?
Whenever do you realy start trying to repay your education loan?
Currently, graduates don’t start repaying their education loan before the after their graduation april. Therefore in the event that you graduated in July 2016, you’ll start settling your loan in April 2017, providing you with an eight-month break before repayments are deducted from your own wage.
Nonetheless, it’s also essential to remember that you’ll only begin making education loan repayments into the April after your graduation if you are earning over a particular amount of cash, and also this limit will be different based on your own personal circumstances.
You earn over ?25,725 a year if you started uni in or after 2012, and you’re from England or Wales, you’ll start making repayments when.