The student loan scam looking to dupe already anxious students
The UK government and the Student Loan Company are warning students about sophisticated phishing scams targeting maintenance loan payments. Criminals are using fake text messages to trick students into revealing bank details, leading to the theft of funds.
Why it matters
It provides essential consumer protection information for students entering the university system during a high-risk period.
The Student Loan Company says it does not provide services through WhatsApp and won’t initiate contact on social media, so be suspicious if you are contacted via either. The Student Loan Company says it does not provide services through WhatsApp and won’t initiate contact on social media, so be suspicious if you are contacted via either. Scam watch Scams The student loan scam looking to dupe already anxious students Scammers hope to siphon off some of the £2.6bn in student maintenance funds paid out each September
Prefer the Guardian on Google Y ou are about to start university and can’t wait but then you receive a worrying text message. It is a few days before the first student loan payment is due to land in your account and apparently someone has tried to alter your bank details.
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