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Loan Repayment?

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Why bother with a post grad? Are they even worth it? Have your say! 26-10-2016
    • Thread Starter

    Just got the all clear for a loan and grant for my open university course and I understand that you dont start repaying anything if you earn under the threshold but there's something that wasn't quite clear to me about repayments on one of the letters I received..

    "you'll be liable for your Tuition Fee Loan two weeks after the first day of term 1, and at the start of term 2 and 3, not the date when the instalment is paid to your university or college. % of total Tuition Loan you'll be liable for: term 1 - 25%, term 2 - 50%, term 3 - 100%."

    Then the section just after says: "You'll normally begin repaying your loan at the start of the tax year 4 years after the start of your course."
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