Garry Nelson's Left Foot
Well-known member
NSC I think I need your help.
I got a letter from the students loan company today requesting information on my working situation. It says that they need this info even if I'm living overseas.
Now, I graduated uni in 2001. When I took the loan I was told that if I lived overseas I didn't have to pay and after 20 years it would become invalid/null(if thats the right term - I wouldn't have to pay it).
I've lived overseas for 20 years. Before I left I told them that I was moving overseas and asked what i should do about my loan. They said nothing, just tell them when I move back. So, I've spent the last 20 years not too worried about it as I've been overseas. It's also been over 20 years since I left uni so based off my previous knowledge it should now be null and void.
However, I can't find anything online that backs that up. What I can find is if you took out a loan between 1998 and 2006 it won't be wiped until I'm 65. This is definitely not 20 years after I graduated.
Does anyone have any experience of this? What's going on? How can it be 65 when they told me it was 20 years when I signed up?
Any help is much appreciated, it's currently a bit of a worry.
Thanks!
I got a letter from the students loan company today requesting information on my working situation. It says that they need this info even if I'm living overseas.
Now, I graduated uni in 2001. When I took the loan I was told that if I lived overseas I didn't have to pay and after 20 years it would become invalid/null(if thats the right term - I wouldn't have to pay it).
I've lived overseas for 20 years. Before I left I told them that I was moving overseas and asked what i should do about my loan. They said nothing, just tell them when I move back. So, I've spent the last 20 years not too worried about it as I've been overseas. It's also been over 20 years since I left uni so based off my previous knowledge it should now be null and void.
However, I can't find anything online that backs that up. What I can find is if you took out a loan between 1998 and 2006 it won't be wiped until I'm 65. This is definitely not 20 years after I graduated.
Does anyone have any experience of this? What's going on? How can it be 65 when they told me it was 20 years when I signed up?
Any help is much appreciated, it's currently a bit of a worry.
Thanks!