I was given a single benefit payment of £3000. Will I now be asked to repay my loan?

SLC want an update on my income, and when I looked at my bank statement, I got a bit worried.

I don’t have a job, and I am not making £21000 a year. However, a couple of months ago, I received a payment of £3000 (this was a back payment of five months of PIP disability benefits), which is above the monthly threshold of what you are allowed to earn before repaying your student loan. I’m not earning too much money. I’m earning it inconsistently, and I’m worried that I'm going to be asked to repay it. Will they?

Reply 1

-Eirlys-

Debate & Current Affairs Helper

21

Income and a one off payment, I believe, are viewed as different things. They don't consider savings or anything. Also, if you have a job, payments come out of that made by your employer as an income tax, so as you're unemployed, they can't take it. Don't worry.

Original post by aliasnogli

SLC want an update on my income, and when I looked at my bank statement, I got a bit worried.

I don’t have a job, and I am not making £21000 a year. However, a couple of months ago, I received a payment of £3000 (this was a back payment of five months of PIP disability benefits), which is above the monthly threshold of what you are allowed to earn before repaying your student loan. I’m not earning too much money. I’m earning it inconsistently, and I’m worried that I'm going to be asked to repay it. Will they?

Reply 2

Tiger Rag

22

Original post by aliasnogli

SLC want an update on my income, and when I looked at my bank statement, I got a bit worried.

I don’t have a job, and I am not making £21000 a year. However, a couple of months ago, I received a payment of £3000 (this was a back payment of five months of PIP disability benefits), which is above the monthly threshold of what you are allowed to earn before repaying your student loan. I’m not earning too much money. I’m earning it inconsistently, and I’m worried that I'm going to be asked to repay it. Will they?