Plan 1 finishing how does this effect post grad loan

KT369

Hi 
I’m about to finish my plan 1 UG student loan (finally!).  I have been also paying my post grad loan since April 2022 (est finish paying off 2027).  If my plan 1 is finished will my post grad payment go up? I was really looking forward to actually having the cash from paying my plan 1 forever!

Ed-1

KT369 said:

Hi 
I’m about to finish my plan 1 UG student loan (finally!).  I have been also paying my post grad loan since April 2022 (est finish paying off 2027).  If my plan 1 is finished will my post grad payment go up? I was really looking forward to actually having the cash from paying my plan 1 forever!

They're separate products.

Plan 1 repayment is currently 9% over £22,015.

PGL repayment is 6% over £21,000 and will remain so.