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Student loan overpayments of £28m going unclaimed

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More than £28m of overpayments on student loans in England are being held by the government, researchers have discovered.

It is the result of cases in which repayments continued to be taken even though loans had been paid off in full.

The Student Loans Company says it has tried to contact people who have been overcharged to arrange refunds.

The Department for Education says data sharing has recently been improved to prevent such overpayments.

The scale of overpayments sitting unclaimed has been revealed by Research Professional News, a publication for higher education.

They relate to money borrowed to cover tuition fees and living costs - with repayments deducted from graduates' salaries each month.

 

 

https://www.bbc.co.uk/news/education-49197015


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