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Graduates warned they could be owed £1,000s on student loan overpayments

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manchestereveningnews.co.uk

Students all across the country may be able to reclaim some extra cash due to overpayments on their student loans. And huge numbers of people could be in a position to claim.

A Freedom of Information request from Money Saving Expert found that over one million university leavers overpaid on their student loans in the previous tax year.

Generally, student loans are taken out of your monthly payroll if you're employed. However, your wage needs to pass a certain threshold before you actually start paying it back.

In some cases, you may find your wage varies throughout the year, where one month you pass the threshold and others you don't.

Read more on manchestereveningnews.co.uk
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