Advantages: Available funds when you need them, very low rates of interest Disadvantages: the most appalling customer service ever, pay on demand mentality
The student loans company have created accessible education for the masses, or should I say the 40% or whatever Tony Blairs latest target for those going into higher education should be. My background is I am the first in my family to go to university and come from a background where I wasnt brought up to belive university is everyones right, but something that should be worked hard to achieve.
Before I went to university in September 1998 I was ... ...bar the humble current account.
Because I was studying in London I applied for and reciveved the top amount available each year which began at £3,000 and rose up to £4,000 by the time I graudated in 2001. During the time I was recieveing the student loan I felt that the system worked fairly well. You recieve a lump sum at the beginning of each term, so 4 times a year in total. For me I found this was just enough, on top of my part time job, to keep ...
Shoka 25.02.2006
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Ciao members have rated this review on average: very helpful Review of The Student Loans Company
...in a long line of the governments major cock-ups. Im sure I don't need to go into detail about the huge amount of money they waste every year. Everyone has their own particular 'bugbear' and yet you think we'd all be able to agree that higher education is not only a valued but vital element of our society. When personal improvement comes at such a high price though, you have to wonder whether or not you'd be better simply not bothering.
Sadly a ... ...'silverspoonless beginings' I have found the Student Loans Company to be a bit of a mixed bag. Naturally it was never questioned that I should apply for the financial aid on offer and I sent off all my details way before my A level results came in. To cut a long story short I recieved the first installment of my student loan a full year after I applied for it, and a full year too late. The customer service I recieved during this time was very poor. ...
nightvixen30 24.06.2008 (25.06.2008)
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Ciao members have rated this review on average: very helpful Review of The Student Loans Company
Advantages: Cheep Loans available Disadvantages: Endless paperwork, unable to get through on the phone, EVER!
...tell you all about the Student Loans Company, I’ve had a rather unfortunate experience with them. And I thought I should warn students about this company as I know many will be applying in a month or so for loans of their own.
The whole process is a long complicated matter, starting when you first want to take a loan, the company requires you to fill in a very long tedious form which asks everything from how much you have in your bank to what ... ...before they foresee themselves needing the money.
I thought it was quite funny I was being sent letters asking me to repay my loan only a few months after I had received it and still had many months to go till I finished uni. I was required to fill in another set of questionnaires at this stage to prove I was still in education, bizarre. The fun starts though after you have graduated, as soon as you finish University you are sent multiple questionnaires ...
sheff22 28.05.2001
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Ciao members have rated this review on average: very helpful Review of The Student Loans Company
Advantages: Low interest repayments Disadvantages: Gets you into debt before you get a degree
...mature student and cringed at the forms, so i passed them for my spouse to sort. When we got the letter back we were told we would not be considered for a student loan or for fees to be paid as our income was more than satisfactory.
Now i have a occupational ill health retirement pension and this was causing the problem. My wife went to research the fact and found out that they could not include this in there incomes and expenditures. I had practically ... ...a letter of apology from the education department saying they had made a mistake and that we were entitled to the student loan and our fees been paid.
The first installment of the Student Loan came by cheque on registration and was ok but not very good if your relying on that to start you on your first day. my bank takes 5 days to clear... it costs me about £50 in petrol every week to get there. The next installment is in january and then april ...
studentpro 25.10.2003
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Ciao members have rated this review on average: very helpful Review of The Student Loans Company
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