Student Loans Co.

I actually believe in paying for education. I think young adults should actually consider whether the debt they are taking on will pay off in the long run, and if their chosen course will enable them to approach a career with a capable and educated mind. So in principle, I am in favour of the student loans company. In reality I find this monolith possibly the hardest company to deal with I have ever had the misfortune to come across. Except perhaps BT, and thats really saying something. Student Loans company is sold to young adults as being interest free, rises or falls with inflation. Except thats not really true, since this year the loan is set ...  Read the complete review

Intro ------ Right, i no the whole student loan process has come in for a lot of stick lately, and, from the sound of things, it is all very just and it deserves it. However, i am a great advocate of hearing 2 sides of the story, which is something that this company has definately not received in recent times. It has been slated and slated after failing to dish out the required loans for the start of term. However, when you consider the amount of work it has to go through, it is not surprising that a backlog does occur. I would also like to say, that i have never had a bad experience with this company. My ...  Read the complete review

**My Undergraduate Experience with Student Loans** My run-ins with student loans have been a mixed bag. Through the 3 years of my undergraduate Drama degree 2005-2008 their system was flawless. When I did my application form in 2005, it was handwritten and as 'straightforward' as it could be. There are many variables which can dictate the amount of loan you recieve and what money you are entitled to i.e. disability allowance, medical courses receive extra grant etc...but otherwise I was able to work out what was neccessary, send in my parents information in order to have my loans income-assessed and therefore getting that bit extra because my parents couldn't ...  Read the complete review

Being a student I feel it is my duty to provide a review of the Student Loans Company. The Student Loans Company is a company set up by the government to provide financial support to students applying for university, these are usually in the form of A) A tuition fee loan, B) A maintainance loan C) Maintainance grants / Any other Bursaries. This is the second year that I have had to use them and I must say that overall I have found them relatively easy and straightforward to deal with. Applicants simply have to fill in a load of forms giving their name and address e.t.c. before deciding whether or not to apply for means tested assistance ( this is ...  Read the complete review

I imagine that the vast majority of UK students studying an undergraduate degree will take out a loan with SLC at some time or another. I was no exception. I found the setting-up process straightforward, the money was received into my account on the correct dates each time, and I even applied for a loan top-up in my final year which was approved and received without issue. After graduating, you have until April of the following calendar year before your repayments become due. You have to earn at least £15,000 before you have to make repayments, and then the money will be removed from your salary by your employer before you receive it so you don't have to worry about ...  Read the complete review