*This article is actually upgraded onto mirror the new announcement one to student loan interest rates having newest individuals might be capped to protect him or her from a rise in rising cost of living.
Student loan rates usually now end up being capped from the 6.3%, instead of eight.3%, off – this will manage education loan borrowers away from ascending rising cost of living rates.
We intervened for the Summer to guard consumers as a result towards the escalation in the rate from RPI due to internationally monetary demands and that intended student loan individuals might have encountered an effective a dozen% interest from inside the September.
Package 2 student loans includes anyone who grabbed out students financing to own an enthusiastic student, Top cuatro/5, and/or PGCE course birth into otherwise shortly after , in addition to Cutting-edge Student Financing individuals. Více