Martin Lewis urges one million people to come forward for 'easy' refund

Martin Lewis has explained how an "easy" refund can claimed by more than one million people. The BBC Sounds podcast host explained the four scenarios which could mean you've overpaid your student loan and are due money back.

ITV regular Mr Lewis said on his latest episode: "Over a million people are in that position - and you can get the money back... The average payout on student loan claims is £280. This is very big and very easy to do, and it's worth taking notes."

One nurse wrote into the show and explained: "I'm a nurse who overpaid my student loan, and as a result of working overtime due to COVID pressures, I got £444 [back]." Martin said: "So what do you do? In that case, dead simple, talk to your employer and tell them what plan you're on, and then you call up the student loan company and ask for a refund."

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He said: "If your company doesn't know when you graduated, it could take the money too early, and therefore you're paying when you shield, and again, that means you can reclaim. Just call the Student Loans Company payroll details will help you."

A second viewer wrote into Money Saving Expert and said: ""Followed your advice about checking with the SLC if I'd overpaid. They are refunding me £840, which could not have come at a better time given an expensive vet bill coming up. I'd have never known this was a thing, so I've set an annual reminder to request it.""

Taking to Twitter, now X, Mr Lewis wrote: "Are you paying off a student loan? Over 1 million overpaid last year (& millions more in past years) and it's easy to get £100s back..." He went on to add: "Feel free to share with anyone it's relevant to."