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Plan 1 finishing how does this effect post grad loan
KT369
Posts: 1 Newbie
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!
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!
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They're separate products.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!
Plan 1 repayment is currently 9% over £22,015.
PGL repayment is 6% over £21,000 and will remain so.1
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