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Student loans used by scammers to con people out of their money

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www.mirror.co.uk

Students are being warned to beware of phishing scams as they head to university. The Student Loans Company (SLC) is encouraging people to be on their guard for frauds as it prepares to pay maintenance loan funding to around 1.1 million students throughout September.

As payments make their way to students, the company is warning them not to be tricked into disclosing personal details or clicking on links in emails or text messages, as they could be installing malware.

Fraudsters may target students with bogus emails and texts around the three loan payment dates in September, January and April each year.

In the last two academic years alone, the company said its dedicated customer compliance teams have prevented more than half a million

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