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Student Loans Company: Student Loans reviews

2.96
Based on 14 reviews, last reviewed 17th Apr 2026
100% increase in 5 star reviews
in the past 90 days
No new 1 star reviews
in the past 90 days
See only 5 star reviews
43%
See only 4 star reviews
7%
3 star
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See only 2 star reviews
7%
See only 1 star reviews
43%

Latest highest rating:

5

I applied for my first student loan finance last mon... I applied for my first student loan finance last month and was successful and I'm about to my university this month individually for my new career on ... Read more Reviewed on: 17th April 2026
Hyacinth O's avatar
Hyacinth O

Latest lowest rating:

1

Speak to a robot on the phone, be sent through hoops... Speak to a robot on the phone, be sent through hoops and circles, finally navigate after being reminded you can do it online (which online told me I h... Read more Reviewed on: 1st September 2025
B P santos's avatar
B P santos

About this product

Read or write Student Loans Company student loans reviews from the Smart Money People community. if you're considering using Student Loans Company, read our reviews from people like you to decide whether it's the best product for you. Our reviews come from people who have used the product, so can offer some great insight as to whether it's good or bad. Been a Student Loans Company student loans customer in the past? Write a review today and help others!

Student Loans Company Student Loans reviews (14)

Review of the Student Loans Company, Student Loans:

Why oh why charge intrest

5
So I thought it was bad enough having to pay £9000 a year for tuition and £4000 for maintenance (which doesn't even cover accommodation) but they want to charge interest on top of that. Utter bullshit Reviewed on: 21st July 2017

Shocking service

1
I've never had such consistently bad service from any company as I have had with SLC. In order to prove that I had resigned from a job and was unemployed, I had to submit 14 different pieces of evidence and go through multiple phone calls. After all that, they incorrectly changed my status to 'self-employed'. The online system for registering as working overseas makes no sense. The first question asks 'when did you leave the UK?', yet if you're moving from one overseas job to another, there's no advice on how to answer that. The lack of a functioning online system and email service, meaning phoning is the only option, is really challenging when you work abroad. It feels like you're further penalised for working abroad (and out of the PAYE system) by ridiculously low repayment thresholds, for example paying back a % of everything I earn over £7000. I went through the painful process of changing my overseas job details this month, which seemed relatively pain free compared to previous interactions. I then got a letter in the post with the amount I'll have to pay back based on the evidence I have given. I then got a letter the day after specifying a different amount to pay back, stating that this was because I had given no evidence (incorrect). Last year I got a letter outlining my remaining balance, which was different to what showed online for the same date. I would give 0 stars if I could. I guess this shows what happens when there is no competitor in the market. The government should really take some responsibility for this, as they endorce/force students to use this company. Reviewed on: 27th April 2020

Absolutely awful

1
The amount I owe is absolutely ridiculous and it just gets worse thanks to compound interest Reviewed on: 21st July 2017

Convenient

5
Helpful and very convenient because you only pay it back if you're earning over a certain amount. Reviewed on: 29th April 2017
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