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Interest on student loan watch

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    With the student loan do they charge you interest on it whilst you are studying at university or does the interest start once you end your time at uni ?

    thanks xXx
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    From when you get your loan. You will see that on your first statement some interest has been added.
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    Okies, thanks for your help
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    (Original post by gemby!)
    Okies, thanks for your help
    No probs
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    sorry to bump this thread but i was also wondering how much interest is it roughly ?
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    This year it was 3.2% and on the website provisional it will be 2.4% for next year
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    thanks again
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    I just got my payment schedule and a note was enclosed stating that interest for 2008/09 will be 4.8%!

    Am I right to be shocked?! I thought it would be far lower than this!
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    4.8% is the rate of inflation. Not that unreasonable.
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    (Original post by medic_rules)
    This year it was 3.2% and on the website provisional it will be 2.4% for next year
    No thats wrong, it was 4.8% this year and should be 3.8% next year.
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    (Original post by flipshot)
    No thats wrong, it was 4.8% this year and should be 3.8% next year.

    you are quoting someone who posted OVER TWO YEARS ago.
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    (Original post by mtbab)
    you are quoting someone who posted OVER TWO YEARS ago.
    Woops, didn't see the post date. Shame its not still that low now.
 
 
 
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