Hey there! Sign in to join this conversationNew here? Join for free to post

Postgraduate Loan Repayment

Announcements Posted on
Last day to win £100 of Amazon vouchers - don't miss out! Take our quick survey to enter 24-10-2016
    • Thread Starter

    To Whom it my concern,

    I will be taking out the full £10, 000 masters loan in the 2016/2017 academic year. I also currently have an undergraduate student debt. I started my undergraduate course before 2012, so the interest rate on this (currently 0.9%) is substantially less than the current amount for the masters loan (3.9%).

    I know based on the information released that the two loans will be kept separate for the purposes of repayment. My question is if I wanted to make voluntary repayments once I start earning, would it be possible to specifically make these to the postgraduate loan, or will voluntary repayments have to be split between the two debts? Obviously it would make more sense to clear the higher interest loan before the other, but I would like to know if this is possible.

    Thank you very much for your time,

Write a reply…


Submit reply


Thanks for posting! You just need to create an account in order to submit the post
  1. this can't be left blank
    that username has been taken, please choose another Forgotten your password?
  2. this can't be left blank
    this email is already registered. Forgotten your password?
  3. this can't be left blank

    6 characters or longer with both numbers and letters is safer

  4. this can't be left empty
    your full birthday is required
  1. Oops, you need to agree to our Ts&Cs to register
  2. Slide to join now Processing…

Updated: June 7, 2016
Would you rather find
Useful resources

Groups associated with this forum:

View associated groups

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.