Hi,
I graduated 2 years ago and in my final year was apparently awarded too much in student loans. I was honest and filled in all forms etc for student loans correctly and honestly. I just assumed that the amount I was awarded was the amount I was entitled too that year (although admittedly it was higher than the previous two years - around £1,800 more).
I have been repaying in instalments over the past year or so, at £20 a month. I don't earn a huge amount of money and feel that this is as high an amount I can repay at this time. They are now making me fill in an assessment form outlining my incomings and outgoings to assess if I can in fact afford to pay more each month.
Firstly, this overpayment was not my fault and student loans have, during phone call conversations, admitted this. So, do I in fact have to pay it back at all (outside of the usual payment from wages system)? Like I said its not my fault.
Secondly, if I do have to pay it back in this way, can they make me pay more than that each month?
I already repay money through my wages on the portion of my loan that was correct and not overpaid. It seems unfair I need to pay even more outside of this system for something that was not my fault.
Thanks in advance any advice appreciated!