There's only one number that matters to your mouth, and it's a big juicy part that tells you how much money you pay, right? Well, there's actually another important number in there that could mean you must have hundreds of pounds
It was solved
The best thing is that it's a lot easier than you can expect. There are no long forms that could be filled out, and you could literally deserve hundreds of pounds in a few minutes. Here is your step-by-step guide to how this is done
What's on this page?
When do you start paying student loans?
At present, graduates do not begin to pay their student loans until then
However, it is important to remember that you will start student loans only in April after your graduation
Remember that tuition fees and repayment terms vary across the UK, so don't forget to check our student funding manuals
For those who work on an individual basis, HMRC will work on how much you should pay
No matter how much you make
Why were student loans too early?
Credit: Warner Bros
Your student loans will be deducted from your salary automatically (unless you are alone) as soon as you have the right to do so. While it sounds great on the surface, it means that you don't even need to think about your overpayments, it also means that people tend not to notice when something is wrong
There are a number of reasons why payments were made too soon
For example, when you start a new job, you will often have to fill out a form that will indicate whether you will repay student loans; if you or your employer make a mistake when you submit it, you may be incorrectly classified as subject to overpayment when you do not
There is also much more chance that you start earning above your salary threshold
Don't forget, even if you think you're the one who made the mistake, you can still get that refund, so don't be afraid to ask
This may sometimes be an accidental administrator error. For Joe Weasbury, it was a date from the list:
I called Student Loans this morning, and they told me they had two dates for me, so I started paying earlier! I had to call Juni (who had no idea where they came from earlier), who then had to contact Student Loans to confirm that I had finished in 2016 and not in 2015. The student loan company advised that once they have confirmed my graduation date from Uni, they will reimburse my Â£ 820 for 30 days!
How many people owe student loans?
Credit: Sakib Sabaqa-
Huge numbers, so make sure you're one of them! In total, the number to be returned to student loans will add up to 100,000 and some
This shows that 101,100 of you have the right to return the money, but you haven't said it, so if you haven't been tracking these spiders and checking
How much can you owe?
We're not talking about small amounts, either. The average amount of compensation paid to claimants who overpaid in the 2014/15 financial period was simply over
After we shared the story at the beginning of this year, Save the Student reader Olivia Gledehill could be
How to check whether you started paying the student loan too early
All you have to do to find out if you've started making repayments is too early to get hold
Don't worry about how much money has been taken too soon-the SLC will do a hard job for you. As long as you have confirmation from your father that at least some money was taken before April after your graduation, you can go
Should I return the student loan?
The student loan does not affect the total amount of debt. If you're going out of uni with a Â£ 32,000 debt, this compensation (unfortunately) will not change that
So why worry about reparations?
You have to remember that there's a very high chance
Research has shown that more than 75% of students will never even pay full student loans, especially with all added interest. In fact, if you're curious, you can use ours
If you make repayments too soon, I would definitely recommend that you return the money if you have the right, since you probably never have to pay
How to claim repayment of student loans
This is what makes people the most-the actual demand for money back. But trust us, it's a lot more straightforward than you probably think
It's best to have a few bits of paper work to make the process as fast as possible, so try and help
If you can't keep track of all this, although don't worry, MSE says that many people have been successful just calling and asking, even without paperwork
How to contact Student Loans Company
All you have to do is call the Student Organization
Also, no matter how long you ended, it could have been two years ago or ten years ago, all the claims are still valid
Overpayment of student loan and other reasons for which you can get compensation
The fact that your student loans overpaid you too early is just one example of a case where you can get a refund. There were also reports of people claiming for refinancing in a number of other cases:
The important thing to remember is to stay low. In most cases, your student loan payments will be taken from your salary automatically without the need to do any work-it means that mistakes often go unnoticed
So always take time to check your spiders, and keep going with any change in the right to return, so that you can only ever pay for what you have to