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Undergraduate loans Income Contingent Student Loans for pre-2012 (Plan 1) undergraduate loans The interest rate on pre-2012 income-contingent repayment student loans is RPI or the Bank Base Rate + 1%, (“the low interest cap”) whichever is lower. The low interest rate cap is in effect, therefore the interest rate for pre-2012 (Plan 1) loans isUndergraduate loans Income Contingent Student Loans for pre-2012 (Plan 1) undergraduate loans The interest rate on pre-2012 income-contingent repayment student loans is RPI or the Bank Base Rate + 1%, (“the low interest cap”) whichever is lower. Th...

Annual updates to the Interest Rates and Thresholds of Income Contingent Student Loans and Mortgage Style Student Loans

The Department for Education (DfE) today (12 August 2021) confirmed the annual updates to the Interest Rates and Thresholds of Income Contingent Student...

Annual updates to the Interest Rates and Thresholds of Income Contingent Student Loans and Mortgage Style Student Loans