How Do I Repay It?
You will not start to make repayments of your tuition fee loan and your living cost loan until you are earning over approximately £25,000 a year. If your income falls below the threshold, your repayments stop until you start earning over the threshold again.
You repay a percentage of your income above the threshold. The amount you pay depends on how much you earn.
Tuition fee loans and maintenance loans are added together and a single repayment will be deducted from your salary, normally through the tax system.
Any outstanding balance is written off after thirty years.
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