SLC pays out £200m too much in grants

Thursday, February 12, 2015, 11:59 AM AST


The Student Loans Company has overpaid more than £200 million of student grants in the past three years, according to figures seen by Times Higher Education. The data revealed a steady increase in the number of grant overpayments since the major changes to student funding in 2004. According to the SLC, more than £132 million of the £210 million overpaid from 2011-12 to 2013-14 is still outstanding despite its having a “robust system to pursue all borrowers for repayment of overpaid grants”.

Source: Times Higher Education