I dropped out a few weeks ago, after staring in September. I was awarded a bursary and a loan from SF.
I rung up SF two weeks ago and was told I would pay the ML when I earn over 21k, but the bursary I would have to pay back straight away.
I then received a letter telling me I'll have to pay the ML back straight away, and rung yesterday and they said this again to me. But I left in the knowledge that I wouldn't have to pay the ML back until I earn over £21,000, then I rung up and this was confirmed to me until yesterday.
What should I do?
x Turn on thread page Beta
Dropped out and repaying maintenance loan watch
- Thread Starter
Last edited by Sycorax; 13-11-2015 at 14:40.
- 13-11-2015 14:37
Mark Lee - SFE Official Adviser
- 231 followers
- 2 badges
- Send a private message to Mark Lee - SFE Official Adviser
Offline2ReputationRep:Official TSR Representative
- Official TSR Representative
- 16-11-2015 11:36
Sorry you were given incorrect information previously, any overpayment that you have for the grant and the loan is now repayable straight away.
On the letter you have received, it should have the number for the collections team on it, who will deal with any overpayments. I would recommend giving them a call to discuss your options. Normally they are happy to set up a payment plan for any amount you can afford, rather than expecting you to pay the full amount back immediately.