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Uk Student Loans

Melissa Said:

How much monthly interest is currently going onto UK student loans?

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Leslie Said:

@ what income do student loan repayments begin for uk student taking loans out in 1996 to 1999?

We Answered:

Under the terms of your student loan credit agreement, you are expected either to make regular repayments, or to defer repayment if your income falls under a certain level. For loans taken prior to 1998, you can apply to the Student Loans Company to defer your student loan repayments if your gross monthly income falls below the current deferment threshold of £2,034 or less per month. Gross income is calculated before any deductions (for example, Income Tax or National Insurance). You will continue to be charged interest during any period of deferment. For those whose courses started September 1998 or later, however, repayments will commence on earning a minimum of £15,000 a year. As with all loans, however, it's important to maintain communication with the Student Loans Company and to have done (or be doing) your best to make some repayment. Visit the government website below for further info.

Pearl Said:

What happens with paying back UK student loans if I go to finish education in the US?

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check out this site! they'll help you lower your student loan payments significantly.

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