Student loan repayment - Grad 2001

PJB1971

Helllo There..

I graduated in 2001. Ive just visited the student loan page and according to the table my annual income threshold for repayment is £10,000 a year which is less than the minimum wage.

I must be reading it wrong. Does anyone know what my income threshold is please?

Ed-1

PJB1971 wrote: »

Helllo There..

I graduated in 2001. Ive just visited the student loan page and according to the table my annual income threshold for repayment is £10,000 a year which is less than the minimum wage.

I must be reading it wrong. Does anyone know what my income threshold is please?

You're way behind the times. You have a plan 1 loan. The current repayment threshold is £18,330 (going up to £18,935 on 6th April 2019).

The threshold was £10,000 between April 2000 and April 2005 (when it was raised to £15,000). Since April 2012 it has been uprated by RPI annually.