cost of living.
Repayment calculations assume: a loan term of 101 months; 17 payments during study, which includes a 3 month grace period; 84 payments once graduated; an interest rate of 13.41% p.a.; all payments made on-time; no repayment holidays are taken. See the Representative Example.
Designed for students
You can apply any time throughout your studies and up to 1 month before you graduate.
Pay a minimum of just £5 a month during term time and for up to 3 months after graduation.
You can spread your repayments over 7 years. No early repayment fees if you pay off early.
Life happens. Take two three-month breaks from repayments if money is tight after graduation. You will still accrue interest while payments are paused.
Student Loans Representative Example 15.9% APR (variable)*
- £6,000 for 101 months
- Origination fee
- Total amount repayable
- Interest rate
- 13.41% p.a. (variable)
- 17 payments of £5/month, 83 payments of £140.26/month, 1 payment of £140.98/month