HMRC Confirms Refund for up to 71,000 People Due to Plan 2 Student Loans Error

HMRC confirms refund for up to 71,000 people due to Plan 2 student loans error

The Student Loans Company (SLC) said there had been a 'technical error' with the interest calculations for a small number of loans

Student loans error could see thousands receive refunds

The Student Loans Company (SLC) is contacting affected customers after identifying two separate technical issues that impacted graduate loan balances

People who studied at uni between 2012 and 2022 may be in line for refunds

Tens of thousands of UK graduates are set to receive student loan overpayment refunds after the Student Loans Company identified errors that mistakenly inflated loan balances for 41,000 people

HMRC confirms refunds to people with Plan 2 loans before October

HMRC is refunding people who received Plan 2 loans by October.

71,000 Graduates Given Wrong Student Loan Balances After HMRC Error: Who Gets a Refund?

Britain's student loan administration has confirmed that roughly 71,000 graduates were issued incorrect loan balances due to a combination of an income reporting error by the national tax authority and a separate technical glitch. Of those affected, 41,000 saw their balances wrongly inflated. The remaining 30,000 had their balances incorrectly reduced. The errors primarily affect Plan 2 student loans, the repayment scheme that applies to graduat…

Thousands of graduates to receive refunds after student loan balance error

Thousands of Plan 2 graduates are being contacted by SLC after their student loan balance increased by mistake