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pre 98 student loan question?
sherrybaby
Posts: 18 Forumite
Hi, does anyone know WHEN the SLC set the monthly gross income threshold for deciding whether you can defer repayment? Is it at the end/start of the financial year?
The figure which is published at the moment is £2204, just wanted to know when this will be reviewed.
many thanks
The figure which is published at the moment is £2204, just wanted to know when this will be reviewed.
many thanks
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Comments
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What makes you think they do review it?0
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Because it changes every year....0
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Feb 2015 NSD Challenge 8/12JAN NSD 11/16
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The repayment threshold will be announced the same time as the interest rate. The rate is usually announced prior to September. All pre 1998 loans are re-scheduled around the same time.0
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Does anyone know how the £2204 is calculated exactly? Last year's 2010 threshold was £2254. What king of rpi / cpi figures do they use?I can't believe it's been lowered.0
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It is based on the uk average salary. Due to the recession, the average salary has fallen there student loan repayment threshold will reflect this.0
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