Illinois_Fairview Heights payday loans

Plan 1 – if you started uni before 1st

Plan 1 – if you started uni before 1st You will start repaying your student loan from the April after you finish your course – once you start a job that earns over the threshold If you earn more than ?19,884 that’s ?382 a week or ?1,657 a month 9% of what you earn above this will go towards paying off your student loan (around ?34 per week or ?149 per month) This threshold changes in April of each year, usually going up (meaning you can earn more before you pay, and the charge applies to less of your earnings) The debt is cleared at 65 if you took the loan before 2006, or 25 years after you started paying if you took the loan after that.