'Genuinely dangerous' warning for students as cash could be taken from accounts

People could lose thousands, a new warning said06:02, 05 Sep 2026Students have been warned(Image: NazariyKarkhut via Getty Images)Students are being warned of "genuinely dangerous" loan payment scams ahead of the new term, with one expert saying "it's so easy to fall for". As students across the country prepare to start or return to university, The Student Loans Company (SLC) is urging them to "stop and think before you click" when responding to any unusual messages or communication about their student finance.‌In September, SLC is scheduled to pay approximately £2.6 billion in maintenance support to 1.1 million students. Experts warn that scammers use this busy payment period to send convincing text messages, emails, or make phone calls claiming that a student’s payment is at risk.‌These