Student Loans Company Reviews 

691
•
TrustScore 1 out of 5

1.2

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 1 out of 5 stars

Dreadful on hold ages tell you something different every time I have spent 120 in sending forms and letters as they keep asking for different things I've now been told after sending about thre... See more

Rated 1 out of 5 stars

I had to re-apply for my second year of uni. However, I am a migrant and I cannot apply online, but the website did not give me the correct form. So I call, stay on hold for more than one ho... See more

Rated 1 out of 5 stars

I put 1 star because it wouldn't let me leave minus 100 stars. Out of the 9 years yes 9 years I have been trying to contact these simpltons I have managed to speak to 1 person about a year ago who was... See more

Rated 1 out of 5 stars

The worst. There is 0 communication between the employees within. I stopped working, informed, was informed that i will stop making payments, but still owe arrears, for the period I was unemployed, I... See more

Company details

  1. Educational institution

Information provided by various external sources

Student Loans Company is a non-profit making, government-owned, organisation in the United Kingdom; providing loans and grants to students in further and higher education.


Contact info

1.2

Bad

TrustScore 1 out of 5

691 reviews

5-star
4-star
3-star
2-star
1-star

No history of asking for reviews

This company hasn't invited their customers, so reviews may not be representative

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

1.2

All reviews

(691)

38 reviews in the last 12 months

Write a review
Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

The worst company ever in the UK

This is the worst company ever, in the UK. The mess they’ve create, staff members who don’t help, just make everything worse. I can’t even describe in here what my life has been since I asked them for a loan for my postgraduate course. An absolute nightmare!!

27 November 2023
Unprompted review
Rated 4 out of 5 stars

Received update finally.

Ok, SLC finally got in touch on the 23rd Nov finally, they have managed to agree that the call 'could have been handled better', but it wasn't the point, the Student Finance agent seemed to deliberately put me on hold a third time which lasted so long, that I had to eventually hang up. My point here, that this is appalling behaviour from them. I hope the their call centre staff are to receive diciplinary measures, as this is unacceptable.

12 October 2023
Unprompted review
Rated 1 out of 5 stars

So they are robbing you of money in…

So they are robbing you of money in short. I have studied in UK I been charged on a monthly basis 180 Pounds. Since I completed my studies. So it is a blatant lie that they will wait for you to have a proper income so they can charge you. EVEN IF YOU REPAY YOUR 10000 POUNDS IN FULL and the Extra Charge of 6000 which I did. THEY WILL STILL CHARGE YOU. Please do no trust this company, it offers nothing for words and take your money and overcharge you. Make yourself a favor get a scholarship do not pay for studies in UK.

16 November 2023
Unprompted review
Rated 1 out of 5 stars

Rude and unhelpful

Rude and unhelpful. One of the people even laughed the whole way during the phonecall like she was laughing at us. The whole company needs updated and staff should be trained and monitored. Maybe an ombudsman should investigate.

22 August 2023
Unprompted review
Rated 1 out of 5 stars

Utterly useless...

It's seems their only form of contact is through social media if you want to get any sort of refund back from them. A painful experience who's response is constantly "As it's been longer than 72 hours, we have to re-confirm your security details."

Useless government company that is quite clearly a reflection of our existing government in terms of being a complete shambles.

Pathetic.

8 November 2023
Unprompted review
Rated 1 out of 5 stars

Site terrible, service terrible. Whole thing terrible.

Site produced an error as I tried to create an account to support my step daughter's application. Ever since I'm stuck in limbo. Can't register as it says I already exist, can't reset as it says I don't exist! Sat on the phone for an hour (!) yesterday to be given a customer ref nbr and be told an email was being sent to me. Guess what? 24 hours later and no email!! Totally incompetence backed up by horrendous IT. Not fit for purpose. Back on the phone I go, as I've nothing better to do.

6 November 2023
Unprompted review
Rated 1 out of 5 stars

Can't afford to find out why I still have no money

They are late with my money and I can't find out why because the wait time on the helpline is 1 hour+ and I can't afford that phone bill because of said lack of money. Nearly low enough on cash to have to use the student food bank. It says on the website all is good and I should have got my money 5 days ago. >:(

4 November 2023
Unprompted review
Rated 5 out of 5 stars

Deborah is a 5* credit to your company

I received a letter advising me that I was within 12 months of finishing my payments, and they advised I should switch to direct debit.
I hadn't even thought of this so I didn't have the email address, the phone number or any of that info.
I called to speak with them, and I was on hold for about an hour - I understand that something has happened so they're very busy, it can't be helped but...
It was so worth it just to be served by Deborah. She was absolutely fantastic despite obviously a very difficult time.
She was so funny, bubbly and chatty whilst being incredibly helpful. I could not recommend her enough + she needs recognition from her bosses because it was a stellar example of customer service.
Deborah, I hope the rest of your week got better + you enjoyed your payday breakfast - my partner and I loved ours!
Thank you again for being so incredible and helpful.

27 October 2023
Unprompted review
Rated 1 out of 5 stars

SFE make my life hell every year

I have never ever had a positive experience with Student Finance England. I wish I could put a 0/5. They make the whole process unnecessarily difficult and stressful and there's no guarantee the phone advisor's actually know the system well enough to give you advice. A terrible, terrible organisation.

30 October 2023
Unprompted review
Rated 1 out of 5 stars

I wanted to share some feedback…

I wanted to share some feedback regarding the services provided by your finance students. While I appreciate the effort put forth by your organization, there are some areas in which I believe improvements could be made:

Lack of Timely Responses: I have noticed that there can be significant delays in communication and responses when I've reached out to your finance students for assistance. This has sometimes resulted in missed opportunities and added stress.

Inadequate Understanding of Complex Financial Concepts: In some instances, it appears that the finance students may not have a deep understanding of complex financial concepts, which can be crucial for the tasks they are assigned.

Inconsistent Results: The results or recommendations provided by the finance students have been inconsistent, making it challenging to rely on their services for crucial financial decision-making.

Communication Skills: There have been instances where the communication skills of the finance students could be improved, which has caused misunderstandings and frustration.

24 October 2023
Unprompted review
Rated 1 out of 5 stars

Customer service is abysmal

Customer service is abysmal so is the company. Was on hold for 40 minutes to find out why they were demanding personal information from me after I notified them I was leaving the country. Had no explanation aside from "that's what we ask for". Pathetic, and probably illegal.

20 October 2023
Unprompted review
Rated 1 out of 5 stars

The service is appalling

I am in my third year of a 4 year undergrad degree. Every year I have to fight for funding that I am entitled to. The service is always appalling and cold, unhelpful and rude, and they say it takes up to 6 weeks, well I applied in June, I’m still waiting and have been contacting them every other day for an update. I shouldn’t have to fight for funding I am entitled to, will be paying back and when I’m more than half way through my studies. 6 weeks, no, it’s been 15 weeks now. They have sent my mental health on a downward spiral and I’m so fed up of it. They make you lose motivation for your studies when they make it this hard and keep changing the parameters. I am going to be making a formal complaint very soon.

10 October 2023
Unprompted review
Rated 1 out of 5 stars

Incompetent morons.

Incompetent morons smacking their keyboards with a stick. Either that or monkeys on typewriters.

Every single time I have had to interact with SFE, they have somehow cocked up my loan one way or another.

Sometimes they mess up my information multiple times in a single academic year.

I can’t understand how a single company can be so unfathomably incompetent at every level. It’s actually insane that SFE have managed to screw up this much to the point where I’m telling employees what information to add over the phone when they have it right there in the paperwork I’ve sent them.

It would be easier to foster life on Jupiter than it’d be to get SFE to do their job with a modicum of competence.

8 October 2023
Unprompted review
Rated 1 out of 5 stars

Rude, unhelpful, poorly trained staff

I've had the pleasure of more than 10 years dealing with this company now. As bad as its ever been, although now all the staff seem to have been on rudeness training. Dealt with flippantly and sarcastically on both my recent calls, blows my mind SLC is so reliably unhelpful.

1 October 2023
Unprompted review
Rated 1 out of 5 stars

More of the same

Just re-iterating the experience of many on here . My daughter , who is abroad , has never earned anywhere near the threshold to pay back any of her student loan since leaving Uni 3 years ago . Yet she is bombarded with letters saying her debt and interest thereof is 'racking up' . Now over £3000 in 'debt' but as stated NEVER earned enough per year to have had to pay back anything. Despite providing all the info. they ask for , it's ignored and we get yet another pro forma letter saying they need more info . She is in the middle of the Australian bush...how the heck is she supposed to sort it if they won't listen to what she has told them ?! An absolute joke of a government dept !!!

6 October 2023
Unprompted review
Rated 1 out of 5 stars

I wouldn't even give them 1 star...

I wouldn't even give them 1 star...
Most of their staff are untrained, don't know what they do, promising, misleading, the other part of the team are rude, heartless, careless!
I thought it's just me, who's being ignored and lied to.

I am absolutely stressed out by this company, I have provided the evidence what needed to stop taking payments more than 4 months ago, they are still taking and bot giving my money back... Opened a complaint, they are not even bothered to respond, just keep extending, saying it's their peak period. They don't care how you feel, taking your hard earned money, the more you earn, the more they take, and when you log in online, after each payment, the remaining balance is even higher than before... Bunch of liars, thieves and careless individuals....

5 October 2023
Unprompted review

Is this your company?

Claim your profile to access Trustpilot’s free business tools and connect with customers.

Get free account

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look