Loan Cancellation

Repayers can have their loans written off under certain circumstances:

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Age write-off

The criteria where your student loan is automatically cancelled depends on when and where you took out your first student loan. 

England or Wales - From 1st September 2012

Your student loan is cancelled 30 years after you become eligible to repay. 

England or Wales - Before 1st September 2012

It will be cancelled if you:

  • took out your first student loan in or before academic year 2005/06, then it will be cancelled when you turn 65; or
  • took out your first student loan in or after academic year 2006/07, then it will be cancelled 25 years after you became eligible to repay

Scotland:

It will be cancelled if you:

  • took out your first student loan in or before academic year 2006/07, then it will be cancelled when you turn 65; or
  • took out your first student loan in or after academic year 2007/08, then it will be cancelled 35 years after you became eligible to repay

Northern Ireland:

It will be cancelled if you:

  • took out your first student loan in or before academic year 2005/06, then it will be cancelled when you turn 65; or
  • took out your first student loan in or after academic year 2006/07, then it will be cancelled 25 years after you became eligible to repay

 


Borrower is disabled

If a borrower can prove they're permanently unfit for work due to a disability, then their loan could be written off.

Two items of evidence will need to be submitted:

  • A letter from a medical professional stating that "You're permanently unfit for work" dated within the last 6 months; and
  • Evidence of disability related benefits.

This documentation along with the Customer Reference Number should be sent to:

Customer Care Team,
Student Loans Company,
100 Bothwell Street,
Glasgow.
G2 7JD.


Borrower is deceased

All outstanding loan amounts are written off on death.  We will require the original:

  • death certificate; or
  • Coroners interim certificate.

This documentation along with the Customer Reference Number should be sent to:

Douglas Gould
Operation Services
Student Loans Company,
100 Bothwell Street,
Glasgow.
G2 7JD.