Hi there,
Background:
I will begin a PhD in September, and plan to apply for a doctoral loan when applications open next month. I have undergraduate student loans dating back to 1995-2000 (The reason for additional years is because I changed course). I have never reached the repayment threshold and have deferred every year. I've had confirmation last month that my deferment for the next 12 months has been accepted. Part of the debt has been sold off to HSL (4 loans), and part to Erudio (2 loans).
My daughter is in her 3rd year of a 4 year degree, so will still be at uni when I start. We expect our son to start uni the following year, so throughout the time I am studying we will also have a child at uni.
Questions:
1. I know applications for doctoral loans won't be open for another month or so, but I have been looking at the application process. When I clicked through to apply for a doctoral loan it said I couldn't apply because I was behind with payments towards an existing loan. I believe this is incorrect because I am in deferment and have not received anything to say that there are payments outstanding. How do I get this corrected?
2. I am wondering what effect it might have on applications for me to be receiving a loan at the same time as supporting applications for our children. My income will be a lot lower. Is the doctoral loan counted as income when I provide financial information for their applications?
Thank you
Jo