That's a question a lot of people have been asking, after The Money Saving Expert Martin Lewis posted a viral video on TikTok explaining how to claim back hundreds, or even thousands, of pounds.has resulted in hundreds of TikTokkers taking to the social media platform to share how they were successfully refunded money - but it has resulted in Student Finance's telephone lines being rammed with people hoping for a small windfall.
Martin Lewis said that the biggest reason people have unknowingly overpaid is because they were repaying their loan despite not earning enough to have to repay. Martin Lewis advises accepting the refunded money instead of leaving it with Student Finance - even if you haven't fully paid off your loan. "In which case, you may as well get that cash in your pocket now, because it’s not going to help you in the future."