How exactly we get to these outcomes
This calculator is actually for undergraduate pupils who possess started university since 2012. A various financing system relates to undergraduate students whom began college last year or prior to, and also to postgraduate pupils. Find out about tuition costs and monetary support).
This calculator estimates month-to-month repayments, presuming the expected earnings described below and shown in the web page of step-by-step outcomes.
The outcome are for illustrative purposes just, since the actual repayments depends on the real wage gained for the duration.
Mortgage loan of 3% above inflation may be applied through the receipt for the very first repayment from the scholar Loans Company (SLC) through to the end associated with the fiscal 12 months (5th April) after the end associated with the program.
The attention price used after this may rely on the yearly profits regarding the receiver for the loan:
You will see a limit below that your interest rate shall function as price of inflation. This is ?26,575 when you look at the year that is academic.
