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Student Loan decreased???

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    I am going into second year uni and my student loan is £700 less than last year. The only reason I can think of why it has gone down is that last year I had a sibling that was also studying and uni and receiving a loan, but I wouldn't expect this to affect my loan that much.

    Is it normal for student loans to go down in second year, or is this a mistake?

    Your student loan would only go down in second year (assuming it's not your final year and your living arrangments haven't changed) if either a sibling has left uni or your parents income has chaged.
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Updated: June 17, 2016
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