student loans question
student loans question
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philv

Original Poster:

5,154 posts

238 months

Wednesday 24th May 2023
quotequote all
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

Crudeoink

1,289 posts

83 months

Wednesday 24th May 2023
quotequote all
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...


philv

Original Poster:

5,154 posts

238 months

Wednesday 24th May 2023
quotequote all
Thank you.