Are you aware that over 100,000 graduates are owed money from the figuratively speaking Company for repaying their loans straight back too quickly? And you could possibly be one of those!
There’s just one quantity that really matters in your payslip, and that is the big juicy one at the underside which informs you how much cash you’re getting paid, right? Well, there’s really another number that is important here, one that could suggest you are owed a huge selection of pounds.
It’s been revealed that more than 100,000 graduates can put on for education loan refunds after the scholar Loans Company (SLC) began using repayments too early – and you also 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 types to fill out, and you also could literally make straight straight back a huge selection of pounds in only a couple of minutes. Here’s your step-by-step guide to exactly exactly how it’s done…
What’s on this site?
Whenever do you really start trying to repay your education loan?
Presently, graduates don’t start repaying their education loan until the April after their graduation. Therefore you would start paying off your loan in April 2017, giving you an eight-month break before payments are deducted from your salary if you graduated in July 2016.
But, it is also essential to remember that you’ll only begin making education loan repayments into the April after your graduation if you are making more than a specific amount of cash, and also this limit will change based on your private circumstances.