The Student Room Group

Changes to Ts&Cs

Can the Government of the day make changes to the terms and conditions of loans made by Student Finance?

eg can they legislate to reduce the minimum repayment threshold or increase margin by which interest tracks inflation?
Original post by Quady
Can the Government of the day make changes to the terms and conditions of loans made by Student Finance?

eg can they legislate to reduce the minimum repayment threshold or increase margin by which interest tracks inflation?


Students who take out a loan must read and sign their declaration which outlines the terms and conditions. Students must agree to repay their loan in line with the regulations that apply at the time the repayments are due, subject to the regulations being amended from time to time. Repayment thresholds are subject to regular review along with interest rates.

Any major changes have historically tended to impact new student cohorts only although all policy decisions come from the government and BIS so we cannot provide any assurance of this for the future.
(edited 9 years ago)

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