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The student loan scam looking to dupe already anxious students

The Guardian UK Sunday 06 September 2026, 06:00 UTC By Shane Hickey 1 min read

Key Points

Scammers hope to siphon off some of the £2.6bn in student maintenance funds paid out each SeptemberYou 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.

Scammers hope to siphon off some of the £2.6bn in student maintenance funds paid out each September

You 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.

“Our records indicate that your bank details on your student finance account were changed on Friday 16th. If you did not do this please contact us immediately,” says the text.

SeptemberYou (ORG)

Originally published by The Guardian UK Read original →

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