Are you aware that over 100,000 graduates are owed funds from the learning figuratively speaking Company for repaying their loans right straight back too quickly? And you might be one of those!
There is just one quantity that really matters on your own payslip, and that is the juicy that is big at the bottom which lets you know how much cash you’re getting paid, right? Well, there is really another essential number on there, the 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 following the scholar Loans Company (SLC) began repayments that are taking early – and you also might be one of these.
The best benefit is, it is easier than you possibly might expect. There are not any long types to fill in, and you also could literally earn straight back a huge selection of pounds in only a short while. Here’s your step-by-step guide to just how it is done…
What’s on this site?
Whenever can you begin trying to repay your education loan?
Presently, graduates don’t start repaying their education loan before 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.
Nonetheless, it is also essential to remember that you’ll only start making education loan repayments into the April after your graduation if you should be making over an amount that is certain of, and also this threshold vary based on your private 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.