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Student loan payment reduced watch

    • Thread Starter

    Hi, I'm in my first year at university, and I just found out that my loan has been reduced by £500.

    My last two payments were proportional to my old loan figure, so now my next loan to come through is going to be £500 less :eek:
    This means I won't be able to pay my rent for the last semester. My parents are already supporting me by helping me with living costs, however I doubt they can afford to pay an extra £500 on top to help me pay my rent. My sister is also in the same position, so helping out both of us is going to be a problem.

    I don't understand how it can change if it's based on 2012-2013's income. It seems it was decreased because the household income increased, but I thought that would affect me next year, not this year.

    Is there anything I can do, any kind of appeal I can make, so I can actually get the amount I budgeted for and was expecting?

    Any help is greatly appreciated because I'm actually really worrying now!
    • Official TSR Representative

    Official TSR Representative
    Hello charj09,

    It would be best for you to call us on 0300 100 0607 to discuss this as we cannot access your account to look at the assessment.

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