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i've been trying to ring SLC for ages over the last week and all I get through to is a machine which is starting to frustrate me because there is no option to speak to an advisor. You got a better more direct telephone number i could use?
All the numbers go through the same automatic system. The best thing to do is keep hitting "0" until it puts you into the queue.
Went to two Uni's. When applying for the 2nd Uni, I gave them the student number I had for the 1 year I spent at Keele. They give me a new number and I recieve my loan for the first year, and the second year. Come the 3rd year they realise I have 2 'live' numbers and withold my loan, after months of phonecalls back and forth I finally get the money.
I graduate, and I think I have had the last of my troubles with the SLC and not have to worry until I have to start paying them back.
That was until I recieved several letters from them saying I am entitled to a student loan for the yea, now I would have loved to take their money as I was only temping at the time. I tell them I have graduated, and they say they'll sort that out. Problem over, or so I thought. When changing the details for me, they (or someone else) somehow managed to select the option to delete all my student funding from the LEA, which led to a letter from University of Herts saying that I owe them £7k within 7 days. Eventually got that sorted, but what a mess.
btw are the Student Loan repayments tax deductable?
Not currently paying anything on my student loan :cool: Repayments start in April. And will be about £70 a month I think. Can I just check with those currently paying their student loans off, does it come out of you net salary? The only info I can find says it comes out alongside.
Originally posted by theis:
Not currently paying anything on my student loan :cool: Repayments start in April. And will be about £70 a month I think. Can I just check with those currently paying their student loans off, does it come out of you net salary? The only info I can find says it comes out alongside.
AS I understand it they take 9% of anything above £15,000
Thus to pay back £70 per month you would need to be earning circa £25,000
take the loan out and treat it like another tax off your salary, even if you're earning only £15k per year it pretty much nothing off per month.
I think I worked our I would pay it off by 2032 since I will only ever pay the minimum amount out, paying it off early is for chumps just stick the extra money in an high interest savings account.
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