Student Loans

Student loans administrator Erudio is to write again to thousands of graduates to confirm new deferment deadlines, after a second admin blunder in a month caused widespread confusion over when deferment application forms need to be submitted.

Students and graduates can expect to pay more interest on their student loans from September compared with the previous year, as inflation increases.

Embattled student loans administrator Erudio has failed to provide deferment application forms to thousands of graduates on time, which may leave them wrongly having to make repayments from next month if not resolved.

Millions of graduates will soon have to repay much more of their loans than they were initially told after the Government secretly backtracked on a promise – a move MoneySavingExpert.com founder Martin Lewis has branded "a disgrace".

Today's Autumn Statement saw Chancellor George Osborne announce a raft of cuts and giveaways to balance the Government's books. However, as a MoneySaving website and consumer champion, we've focused on the key changes that will affect you.

Worried former graduates whose loans are owned by Erudio have taken to our forum to raise questions about when their loans will be wiped, whether they can pay them off early, and the impact this will have on their credit files. We answer these questions below.

Tens of thousands of Erudio customers will begin to have interest applied to their loans after it was initially frozen last year following an investigation into historic paperwork issues.

Tens of thousands of graduates have overpaid their student loans by a collective £45.4 million, new data reveals. We explain how you can get your money back below.

Millions of g raduates will pay less interest on their student loans from September, while more people with a pre-1998 mortgage-style loan will qualify to defer theirs from then too.