HomeLoanWhen Does Student Loan Get Written Off in the UK?

When Does Student Loan Get Written Off in the UK?

Are you drowning in student loan debt and wondering when, if ever, you’ll be free from its clutches? Well, buckle up because we’re about to dive into the fascinating world of UK student loan write-offs! Whether you’re a recent graduate or have been struggling with repayments for years, this blog post will unveil all the secrets behind when your student loan could get written off. So sit tight and get ready to embark on a journey that could change your financial future forever!

Overview of Student Loans in the UK

Overview of Student Loans in the UK

Assuming you’re referring to the Student Loans Company (SLC) in the UK, they offer both tuition fee loans and maintenance loans to eligible students. The government sets Tuition fees and pays directly to your university or college. Maintenance loans are intended to help with living costs like rent, food, and travel. You can apply for a maintenance loan even if you do not receive a tuition fee.

The maximum amount you can borrow each year depends on factors like where you live, your household income, and whether you’re studying part-time or full-time. The SLC also offers additional support for students with certain types of disabilities or dependents.

Your student loan repayment usually begins in April after you graduate or leave your course. You only start making repayments once you’re earning above a certain threshold (currently £25,725 per year before tax). You repay each month based on a percentage of your income above the threshold. For example, if you earn £30,000 per year (or £2,500 per month), 9% of £2,500 is £225 – so that’s what you’ll pay back each month.

If at any point your income falls below the repayment threshold, your repayments will stop automatically until your earnings go back up. If you decide to leave the UK permanently, you no longer have to repay – although this doesn’t write off the loan.

What is Written Off?

There are a number of circumstances in which your student loan may be written off in the UK. If you die or are permanently incapacitated, your loan will be cancelled. Your student loan debt may be included in your bankruptcy proceedings and written off if you become bankrupt.

When Does a Student Loan Get Written Off?

When Does a Student Loan Get Written Off?

A student loan is typically written off when the borrower dies or becomes permanently disabled, when the borrower declares bankruptcy, or when the loan is discharged in exchange for services such as teaching or working in a public service job. In the United Kingdom, loans are also forgiven if the borrower repays them in full within 30 years. If you leave the UK to live permanently overseas, your student loan will usually be cancelled after six years. You may also have your loan cancelled if you repay it in full or make regular repayments for 25 years (regardless of whether you live in the UK).

How Do You Qualify for Write-Off?

You can qualify for a write-off on your student loans in the UK in several ways. The most common way is through employment. You may be eligible for a write-off if you are employed and earning less than £21,000 per year. Additionally, if you are self-employed or on a low income, you may also be eligible for a write-off.

If you are not employed, there are other ways to qualify for a write-off. For example, if you are disabled or have a serious illness, you may be eligible for a write-off. Additionally, if you are in full-time education or training, you may also be eligible for a write-off. If you are over the age of 60, you may also be eligible for a write-off.

What are the Benefits of Being Written Off?

What are the Benefits of Being Written Off?

There are several benefits of having your student loan written off. Firstly, it means that you will no longer have to make any repayments on your loan. This can free up some much-needed financial breathing space, particularly if you are struggling to make ends meet. Secondly, it can help improve your credit rating, as the outstanding debt will be removed from your credit file. This can be helpful if you are looking to apply for credit in the future. It can give you a fresh start financially, as you will no longer have the burden of repaying your student loan hanging over your head.

What to Do if You Can’t Afford to Pay Your Loan Back?

If you can’t afford to pay your student loan back, you can do a few things. You can contact your lender and explain your financial situation. They can be able to work with you to create a new repayment plan that is more affordable for you. You can also look into consolidating or refinancing your loan, which could lower your monthly payments. If you struggle to make your payments, don’t hesitate to ask for help.


In the UK, student loan debt is written off after a certain period of time. This varies depending on whether you are an English or Welsh borrower and when your course began. It is important to remember that even if your student loan debt is written off, it does not mean that you have been relieved from debt; all money borrowed must still be paid back in full. However, understanding when student loans get written off in the UK can provide some financial relief for those struggling to manage their debts.

FAQ – When Does Student Loan Get Written Off in the UK?

FAQ - When Does Student Loan Get Written Off in the UK?

Does a student loan get Cancelled after 25 years?

In the UK, student loans are not cancelled after 25 years. However, the government offers a repayment holiday for graduates who are struggling to repay. This means that you don’t have to make any repayments for up to six months. If you’re still struggling after this, you can apply for a hardship variation to lower your monthly repayments.

How do I know if my student loans are forgiven?

If you’re struggling to repay your student loans, you may be wondering if there’s any way to have them forgiven. Unfortunately, there is no blanket student loan forgiveness program in the UK. However, there are a few circumstances in which your student loans may be partially or fully forgiven.

If you become permanently disabled, you may be eligible for a disability discharge of your federal student loans. To qualify, you must submit documentation from a physician that states that your disability is total and permanent. More information about this discharge option is on the Student Loans Company website.

If you die, your student loans will be automatically discharged. If you have a co-signer on your loan, their obligation to repay the loan will also be discharged.

If you declare bankruptcy, your student loans may be discharged if you can prove that repaying them would cause undue hardship. This is a very difficult standard to meet, so it’s important to speak with an experienced bankruptcy attorney before taking this step.

You may be eligible for the Public Service Loan Forgiveness Program if you work in certain public service jobs. To qualify, you must make 120 qualifying payments on your Direct Loans while working full-time for a qualifying employer. After ten years of payments, any remaining balance on your loan will be forgiven. More information about this program can be found on the Federal Student Aid website.

What happens to UK student loans if you move abroad?

Assuming you are referring to English students, if you move away from the UK for more than three months, you will no longer be required to make repayments on your student loan. You can either notify the Student Loans Company (SLC) of your new address or fill in a ‘Continuation of studies’ form if you plan on studying abroad. The SLC will then recalculate your repayment plan based on your new circumstances.

Will my credit score go up if student loans are forgiven?

There is no guarantee that your credit score will go up if student loans are forgiven, but it is possible. If you have a good payment history and the forgiven debt is not too high, your credit score could improve. However, your credit score could drop if you have a lot of debt or if the forgiven debt is a large percentage of your total debt.

Why were my student loans removed from my credit report?

Student loan debt is removed from your credit report in the UK when the government writes it off. This usually happens after 25 years but can happen sooner if you repay your loans in full or if you die. Student loan debt may also be removed from your credit report if you declare bankruptcy.


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