Income contingent loan... What is it? Watch

Qooqle
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What is the income contingent loan?
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Klix88
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(Original post by Qooqle)
What is the income contingent loan?
If you meet the basic eligibility criteria such as residency, everyone is entitled to a basic Maintenance Loan from Student Finance. This is then "topped up" (and there may also be a non-repayable Maintenance Grant), based on how much your household income is. This larger Maintenance Loan, is the income-contingent loan.
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