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Exactly exactly How people that are many owed students loan refund?

Sunday, July 26th, 2020

Exactly exactly How people that are many owed students loan refund?

Credit: Sakeeb Sabakka – Flickr

A a large amount, therefore remember to verify if you’re one of these! As a whole, the figures due a student loan reimbursement add up to well over 100,000 plus some Freedom of Information demands have actually revealed the eye-watering breakdown.

Tax 12 months No. Of grads spending prior to the April after graduation No. Of grads that have already gotten refunds
2014/15 41,170 810
2015/16 24,800 400
2016/17 37,320 980

This indicates 101,100 of you might be qualified to receive a reimbursement but have actuallyn’t claimed it – when you have actuallyn’t currently, look out those payslips to get checking.

Simply how much might you be owed?

We’re perhaps perhaps not speaking sums that are small either. The refund that is average out to claimants whom overpaid when you look at the 2014/15 tax 12 months had been simply over ?395, whilst in 2015/16 it absolutely was ?370 plus in 2016/17 it absolutely was ?266. Demonstrably, there are not any guarantees, but it’s well worth the phone call in our opinion if you end up with a couple of hundred quid back in your bank account.

?74 back just by ringing up and asking after we shared the story earlier this year, Save the Student reader Olivia Gledhill managed to claim. (more…)