Stay Safe from Scams: Important Tips for Coventry University Students

As the new academic year begins, it’s an exciting time for all of us at Coventry University. However, it’s also a time when scammers are on the lookout to take advantage of students receiving their first maintenance loan payments. The Student Loans Company (SLC) has some important advice to help you stay safe.

Beware of Smishing Scams

• What is Smishing? Smishing involves scammers sending fraudulent text messages to trick you into sharing personal or financial information.
• Common Tactics: Scammers might ask you to click a link to verify your bank details or confirm personal information. This can lead to your money being diverted to a scammer’s account.

How to Protect Yourself

• Think Before You Click: Always hover over links in messages to check their legitimacy. If in doubt, go directly to the official website.
• Verify Communications: SLC and Student Finance England (SFE) will never ask for personal or financial information via text or email. If you’re unsure, log into your online account to verify.
• Report Suspicious Messages: If you receive a suspicious message, delete it and report it immediately to report@phishing.gov.uk and SLC’s hotline at 0300 100 0059.

Stay Informed

• Official Channels Only: SLC and SFE do not use social media to discuss your application or finance details. Always use official phone numbers and websites.
• Be Cautious Online: Be mindful of the information you share on social media to protect against identity theft.

Remember, staying vigilant and informed is the best way to protect yourself from scams. Let’s work together to keep our finances safe!

If you need advice or you are concerned you may have been a victim of a ‘smishing’ financial scam, contact the Students Union Advice Centre for support.