MSE News: Student loan interest rates set to drop in September – what you need to know 23 April 2021 at 3:21PM edited 23 April 2021 at 3:25PM in Student Money Saving 1 reply 164 views

MSE_Petar

Student loan interest rates are set to drop for many students from September. Current students in England and Wales, for example, can expect to see the interest rate they're charged fall from 5.6% to 4.5%. Meanwhile, many former students with outstanding loans will likely see their rates dip too – though the changes are yet to be finalised by the Government.

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'Student loan interest rates set to drop in September'

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MSE_Petar

Student loan interest rates will drop for many from September, the Department for Education has confirmed. Plus, from April 2022, Scottish former students and some others with older loans will also be able to earn more before they have to start repaying.

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'Student loan interest rates to drop for many next month and repayment thresholds to rise for some from April – what you need to know'

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