Wales, England and EU Student Loan Repayments
You won't need to pay anything until after you finish your course and your income exceeds £27,295*. The amount you will be expected to repay is at least 9% of the difference between £27,295 and what you earn.
For further information about interest rates and repayments, please visit the Student Loans Company website.
Loan Repayments
The table below illustrates the weekly loan repayments students will pay (direct from your salary) based on your annual income amount:
| Annual income | Weekly income | Weekly loan repayment |
|---|
| £21,000 |
£404 |
£0 |
| £25,000 |
£480 |
£0 |
| £30,000 |
£577 |
£4.68 |
| £35,000 |
£673 |
£13.34 |
| £40,000 |
£769 |
£21.99 |
If you do not want to take out a tuition fee loan or have been told that you are not eligible to receive one, you can arrange to pay the tuition fee direct to the University.
* There are planned changes to repayments for Student Finance England students starting their course in 2023/24 as follows:
- The student loan interest rate will be set at RPI+0% for new borrowers starting courses from academic year 2023/24.
- For new borrowers starting courses from September 2023 the repayment threshold will be set at £25,000 until 2026-27.
- The loan write-off period will be extended from 30 years to 40 for new borrowers starting from September 2023.
Please continue to check our webpage for official updates.
Northern Ireland Student Loan Repayments
You won't need to pay anything until after you finish your course and your income exceeds £19,895. The amount you will be expected to repay is at least 9% of the difference between £19,895 and what you earn.
For further information about interest rates and repayments, please visit the Student Loans Company website.
The table below illustrates the weekly loan repayments students will pay (direct from your salary) based on your annual income amount:
| Annual income | Weekly income | Weekly loan repayment |
|---|
| £19,000 |
£365.38 |
£0 |
| £21,000 |
£404 |
£1.91 |
| £25,000 |
£480 |
£8.84 |
| £30,000 |
£577 |
£17.49 |
| £35,000 |
£673 |
£26.14 |
If you do not want to take out a tuition fee loan or have been told that you are not eligible to receive one, you can arrange to pay the tuition fee direct to the University.
Scotland Student Loan Repayments
You won't need to pay anything until after you finish your course and your income exceeds £25,000. The amount you will be expected to repay is at least 9% of the difference between £25,000 and what you earn.
For further information on interest rates and repayments, please visit the Student Awards Agency Scotland website.
The table below illustrates the weekly loan repayments students will pay (direct from your salary) based on your annual income amount:
| Annual income | Weekly income | Weekly loan repayment |
|---|
| £21,000 |
£404 |
£0 |
| £25,000 |
£480 |
£0 |
| £30,000 |
£577 |
£8.65 |
| £35,000 |
£673 |
£17.31 |
| 40,000 |
£769 |
£25.96 |
If you do not want to take out a tuition fee loan or have been told that you are not eligible to receive one, you can arrange to pay the tuition fee direct to the University.
