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what happens to student loan if I die?

4 replies

dinomum13 · 27/03/2019 18:45

Hi Im thinking about returning to education as I am currently not working and I have a daughter with special needs which limits my current work choices. If I took out a student loan to finance a course would it be written off if something happened to me?
It may seem a bit morbid but quite frankly I cant see the opportunity to repay a loan whilst caring for my daughter through her education but would not want it to to affect her (fairly meagre) inheritance if I died. Meanwhile I am feeling starved of intellectual stimulation and would love the chance to retrain and build something for my future

OP posts:
SummerHouse · 27/03/2019 18:47

Yes it is written off. Go for it! You are only here once. You must do this!

dinomum13 · 28/03/2019 17:16

thanks SummerHouse - whenever I look at student loan sites this area is never mentioned. I feel more confident now to proceed with an application!

OP posts:
prh47bridge · 28/03/2019 17:35

It also gets cancelled if you are declared permanently unfit for work. See www.slc.co.uk/students-and-customers/loan-repayment/loan-cancellation-and-refund-information/cancellation-disability-or-death.aspx

dinomum13 · 28/03/2019 18:25

thanks thats great!

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