Credit: Sakeeb Sabakka – Flickr
A large amount, therefore be sure to determine if you’re one of these! As a whole, the figures due a student loan reimbursement soon add up to well over 100,000 plus some Freedom of Information needs have actually revealed the eye-watering breakdown.
Tax 12 months | No. Of grads spending ahead of the April after graduation | No. Of grads that have currently gotten refunds |
---|---|---|
2014/15 | 41,170 | 810 |
2015/16 | 24,800 | 400 |
2016/17 | 37,320 | 980 |
This shows 101,100 of you’re qualified to receive a reimbursement but haven’t claimed it – so if you have actuallyn’t currently, search out those payslips to get checking.
Simply how much might you be owed?
We’re maybe not talking sums that are small either. The refund that is average off to claimants whom overpaid within the 2014/15 income tax 12 months had been simply over ?395, whilst in 2015/16 it absolutely was ?370 plus in 2016/17 it had been ?266. Clearly, there are not any guarantees, but if you wind up with a few hundred quid straight back in your money, it’s definitely worth the phone contact our viewpoint.
?74 back just by ringing up and asking after we shared the story earlier this year, Save the Student reader Olivia Gledhill managed to claim. You’ve got nothing to readily lose.
Just how to always check whether you’ve started having to pay your education loan straight back too early
All you must do to learn whether you began making repayments too quickly is to find a hold of a payslip from prior to the April when you graduated. It must state quite demonstrably just how much has been deducted from your own wage for the education loan repayments (see right).
Don’t concern yourself with totalling up how money that is much been taken too soon – the SLC does the time and effort for your needs. Continue reading “Just exactly exactly How people that are many owed students loan refund?”