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Have you been due a learning education loan reimbursement for repaying too soon?

Have you been due a learning education loan reimbursement for repaying too soon?

Are you aware that over 100,000 graduates are owed funds from the learning figuratively speaking Company for https://easyloansforyou.net/payday-loans-la/ repaying their loans straight straight right back too soon? And you could possibly be one of these!

There is just one quantity that really matters on the payslip, and that is the big juicy one at underneath which lets you know how much cash you’re getting paid, right? Well, there is really another number that is important here, the one which 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 could possibly be one of these.

The part that is best is, it is easier than you may expect. There aren’t any long kinds to fill out, and you also could literally make straight straight straight straight back a huge selection of pounds in only a short while. Here’s your step-by-step guide to just just just how it is done…

Whenever do you realy begin trying to repay your education loan?

Presently, graduates don’t start repaying their student loan through to the April after their graduation. Therefore in the event that you graduated in July 2016, you’ll begin paying down your loan in April 2017, providing you an eight-month break before repayments are deducted from your own wage.

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 sum of money, and also this limit will be different dependent 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,