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    How is the interest rate calculated on the loans from student finance? Obviously there are some months between when you apply for funding and you actually receive it, so at what point in the year is the interest rate taken to calculate the rate you will have to pay?

    Thanks,
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    (Original post by NesQuiK.)
    How is the interest rate calculated on the loans from student finance? Obviously there are some months between when you apply for funding and you actually receive it, so at what point in the year is the interest rate taken to calculate the rate you will have to pay?

    Thanks,
    The March RPI before the September of the academic year. Capped at BoE +1% and the government doesn't have to set an interest rate, and whatever new gibberish the gov comes up with next week.
 
 
 
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