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When do student loan repayments begin?

FAQs / When do student loan repayments begin?

A student loan repayment will start once you earn more than £17,495 a year. After, you will pay back 9% of anything over £17,495.

An example of a student loan repayment:
£26,000 a year wage
£450 (9% of £26,000) deductions on annual wages
£450 / 12 = £37.50 a month deductions

If you wish to view information on student loan repayment, click here:
https://www.gov.uk/repaying-your-student-loan/overview

If you wish to view information of understanding student debt, click here:
https://universitycompare.com/university-advice/understanding-student-debt/

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