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For postgraduate fund you will additionally be expected to settle 6% of your own earnings more than a separate threshold (select lower than)

For postgraduate fund you will additionally be expected to settle 6% of your own earnings more than a separate threshold (select lower than)

  • below ?27,295 per year – the attention is at rate from rising prices;
  • between ?twenty-seven,296 and ?forty-two,130 per annum – the interest alter to price from rising prices plus as much as step three% based on how higher your salary is on you to level;
  • over ?forty-two,130 – the attention efficiency towards the rate away from rising prices as well as step three%.

Today, the brand new Figuratively speaking Providers usually calculate the degree of Fix Funds and you can University fees Fees Money you have taken, and it will surely be your complete education loan financial obligation.

The new SLC work with HM Money & Customs (the brand new UK’s Income tax Place of work) to gather payments.

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