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Student loan plan 2 - interest rate from September

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SB1994
SB1994 Posts: 2 Newbie
First Post
edited 8 August 2023 at 9:23AM in Student MoneySaving
Hello! I am wondering if anyone has any information on what the interest rate will be for plan 2 student loans from September. My understanding is that e current 7.1% cap is only applicable until September 2023. And that as of then, the March RPI will be used (per the normal rules). With March's rate still being above "normal", I am wondering if the government will continue to apply the 7.1% cap, or perhaps cap the rate but at a different value.

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