Articles from STUDENT LOANS COMPANY (SLC)

Student Money Week brings finance to life for students

Steve Lamey named as new CEO of Student Loans Company

The Student Loans Company (SLC) has today [19 May 2016] announced the appointment of Steve Lamey as its new Chief Executive Officer. Mr Lamey had a long career at HMRC holding a number of senior roles, including Chief Operations Officer, Chief Information Officer and latterly Chief Executive Officer and Commissioner - Benefits & Credits. Between 2000 and 2008, prior to joining HMRC, Mr Lamey was chief information officer and vice president of information management at the British Gas Group. More recently, his interim roles have included serving as Interim Directorat Equiniti, a specialist provider of technology, finance and administrative services in complex or regulated markets. Mr Lamey is expected to take up his new role at the SLC in June. Christian Brodie, Non-Executive Chairman of the SLC commented: “I am delighted to welcome Steve as our new CEO and look forward to drawing on his experience gained in a long career at HMRC and in the private sector. He is well placed to build on the excellent operational performance delivered in the last financial year by a high performing team led by David Wallace, as Interim Chief Executive.” Jo Johnson, Minister for Universities and Science said: “With record numbers going to university, the SLC is playing a vital role in making the dream of higher education a reality. I’m very grateful to David Wallace and the leadership team at SLC for their excellent work over the last seven months during this recruitment, and I look forward to working with Steve as we continue to deliver an outstanding service to students and a funding system which is fair and sustainable for taxpayers.” Steve Lamey said: “I relish the challenge that this role offers. I know from my discussions with the Chairman of SLC and others that I am inheriting a strong and cohesive team and I am looking forward to working with them to drive the continuous improvement of the Company.” The appointment comes after the Government published its Student Loans Repayment Strategy which seeks to ensure the student loan system remains sustainable and fair for taxpayers and borrowers. It includes measures to make it easier for borrowers to deal with the SLC and update on their circumstances, and to give the SLC a greater ability to track down those who are liable to repay but are not complying with their obligations. Ends Notes to Editors 1. The Student Loans Company delivers student finance for Higher Education and Further Education students on behalf of the UK Government and Devolved Administrations across the UK. 2. In 2014-15 SLC made payments in excess of £7bn to students studying in the UK, £7.5bn in tuition fees to learning providers and, working with HMRC, collected over £2bn in loan repayments from customers. 3. SLC employs 2,600 people at four sites, Glasgow (HQ), Hillington, Darlington and Llandudno. 4. David Wallace, Executive Director Finance, Strategy and Corporate Services and Deputy CEO was asked by the Board of SLC to act as Interim CEO during the recruitment and selection process, following the resignation   of SLC’s previous CEO in the Summer of last year. Press Office Student Loans Company 100 Bothwell Street Glasgow G2 7JD 0141 306 2120

Delivering student finance in a Covid year

Managing the delivery of student finance against a backdrop of Covid-19 has been a major focus for SLC in 2020. Like many other organisations on the night of March 23rd, we had to make the organisational equivalent of a handbrake turn to transform into a home-working operation, complete with assessing and customer contact services, which we did in one month.

Creating a work environment where people can open up about #MentalHealth

As a society we are becoming increasingly aware of mental health issues and the impact they have on all aspects of our lives.

Student Loans Company appoints Atos as a Strategic Partner

The Student Loans Company (SLC) has appointed Atos, a global leader in digital transformation, to support the delivery of improvements to SLC’s customer interface and the associated technology infrastructure. Atos will support the development of its Customer Enablement Services, with focus on application development. This is the first stage of a multi-part procurement process to engage strategic partners across SLC’s technology group.

Student Loans Company ready to handle changes in circumstances and late applications

Over the coming weeks, we will distribute in the region of £2 billion in maintenance loans to students across the UK, and over £5 billion in tuition fee payments to their universities and colleges. Payments will be made to over one million students and we want to reassure everyone who has received their student finance assessment that they will receive their funds at the start of term, and that their tuition fee loan payments will be made on their behalf to their university or college.

Improving Student Loans Company service for customers in repayment

Improving Student Loans Company (@SLCComms) service for customers in repayment  Over the last 18 months, we have made significant improvements to the student loan repayment process. More frequent data sharing (MFDS), a joint programme of work with HMRC and our Government shareholders, has helped us to reduce the amount customers are over-repaying on their student loan and provides up-to-date balances for those who repay through PAYE.

Clearing the myths on student finance

The Student Loans Company (@SLCComms) busts the myths on student finance and Clearing 2020.

Online Student Loan Repayment Service - you talked, we listened

Very few people appreciate that the Student Loans Company has well over nine million customers and offers a universal service across a vast range of highly individual circumstances. We also operate in an environment where security is paramount.

Student Loans Company Launches New Online Repayment Service

@SF_England - New online repayment service will improve the customer experience for millions of graduates in managing their student loan, understanding their balance and helping to avoid over-repayment

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