Settling the excess from your loan
A periodic check may show that you have received too much in study grants or reimbursements. This means you owe money. For as long as you receive money from DUO, we will deduct this amount from your student loan payments. In 2019, we are permitted to deduct up to €168.28 per month for this purpose. This amount may be higher if you have also received too much in tuition fee loans.
Repaying the excess as a lump sum
If we can no longer deduct the extra debt from your loan payments, you will receive a request for payment and you can repay the excess amount in a single interest-free payment. The request for payment will include all payment information, such as the account number and payment reference.
Automatic conversion to a loan
If you do not repay the money before the due date stated on the request for payment, the debt automatically becomes a loan. If you already have a student debt, the extra amount will be added to that debt. After you complete your studies, you have to repay your student debt on a monthly basis.
In this case, the new loan is covered by the same rules as any other student debt. This means you will pay interest on it, beginning from the month of the due date stated on the request for payment.
If you think our decision is wrong, you can lodge an objection. This does not give you the right to delay payment of the debt.