Interest and repayment of loans
The student will be charged interest on their student loans from the first day the money is paid to them or their university or college until the loan is repaid in full or cancelled.
When does repayment start?
The student becomes eligible to start repaying their loans in the April after they have finished or left their course. For example, if a student starts a 1 year course in 2019/20 and completes the course, they’re eligible to start repaying in April 2021.
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