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    Hey Guys, I just applied for my next year's loan (second year) and found out that the amount not based on my household income has decreased by over a thousand pounds...:confused::confused: Did anyone's loan got reduced as well as mine or is it an individual case and I should call Student Finance and just ask them why that is?? Help!
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    That doesn't sound normal. Definitely phone up Student Finance England.

    Your student loan will decrease in your final year but it shouldn't change that much in your second year, assuming your parental income is the same.
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    (Original post by kkinga)
    the amount not based on my household income has decreased by over a thousand pounds
    If your first year wasn't based on household income either, then that doesn't sound right.

    If your first year was based on household income but your second year wasn't, and you come from a low-income household, then I would expect a significant decrease.

    Either way, in your shoes I'd call SF and ask them to check and explain the difference.
 
 
 
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