Active discussions

Meet the Other Phone. Protection built in.

Meet the Other Phone.
Protection built in.

Buy now

Please or to access all these features

Talk
Chat

Join the discussion and chat with other Mumsnetters about everyday life, relationships and parenting.

Original poster

Advanced Student Loan

6 replies

CyclingAddict · 01/12/2024 07:58

I have an Advanced Student Loan for £5,000 which was taken out in 2018. I haven’t earnt enough to start paying it back, does anyone know if this Loan is increasing each year because of Interest? I don’t receive any communication about it.

OP posts:
Pinkissmart · 01/12/2024 07:59

Do you mean Advanced Learner Loan? Was it taken to go to university?

Original poster
CyclingAddict · 01/12/2024 08:00

Yes, I studied a Diploma at College 😊

OP posts:
Pinkissmart · 01/12/2024 08:01

If you then went on to university, and completed- it should be wiped out.

Interested in this thread?

Then you might like threads about this subject:

General money
Original poster
CyclingAddict · 01/12/2024 08:03

No, I went to College from the age of 50-55 but did not go to Uni

Thanks for responding

OP posts:
tilligan · 01/12/2024 08:04

Yes, interest will accrue, (full info on gov website). This loan is written off if you then go on to complete a full university degree course.

Original poster
CyclingAddict · 01/12/2024 08:05

Thank you ☺️

OP posts:
New posts on this thread. Refresh page