student loans question
Discussion
Hi.
If a student goes to uni on a 3 year course for example.
Does that mesn 6 student loans?
Ie a fees loan and a maintenance loan each year.
Rules for repayment starting this year are repay 9% of sny earnings over 22k p/a.
Is that 9% for the total of all loans, or will it be 6 x 9% over 22k?
Ie repay 9% for each loan.
Thanks
If a student goes to uni on a 3 year course for example.
Does that mesn 6 student loans?
Ie a fees loan and a maintenance loan each year.
Rules for repayment starting this year are repay 9% of sny earnings over 22k p/a.
Is that 9% for the total of all loans, or will it be 6 x 9% over 22k?
Ie repay 9% for each loan.
Thanks
No, it all gets added together as one final sum. Unless they do a postgraduate, then it is 2 seperate figures
https://www.gov.uk/repaying-your-student-loan/what...
https://www.gov.uk/repaying-your-student-loan/what...
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