It won't stay at that percentage forever, it will change as RPI changes. Interest rate is RPI + 3%.
And that's only while you're studying.
Have a look at this. http://www.slc.co.uk/services/interest-rates.aspx
And that's only while you're studying.
Have a look at this. http://www.slc.co.uk/services/interest-rates.aspx
(edited 7 years ago)
Original post by TrojanH
Going into uni sept this year so just wanted to understand interest repayment rate.
I understand it's 3.9%? Is that right
I understand it's 3.9%? Is that right
Sliding scale on income:
Below £21k, RPI, between £21-40k sliding scale from RPI to RPI + 3%, over £40k RPI + 3%
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