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It is a question that is simple through the lips of over four million previous graduates.

28 Mar , 2020,
Beth Weissman
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It is a question that is simple through the lips of over four million previous graduates.

Could it be more straightforward to save yourself or repay it?

“If i have got supplemental income, must I spend down my student loan? ” the solution is dependent on whether you have other debts when you learned, as that dictates whether your rate of interest is 3.3% or 1.75percent.

This easy-to-follow guide is for almost any student whom began uni before 2012, and Scottish and Northern Irish pupils starting since that time. We will speedily take you through just how to work your situation out, the way you’re affected and solution one of the keys ‘should we pay it back? ‘ concern.

English or Welsh pupil whom began college in 2012 or later? This is simply not for you personally. See Martin’s ‘Student’s interest now 5.4%’ guide.

This guide just covers official figuratively speaking Company (SLC) loans, maybe not private, job developing or expert studies loans. For all see our pay back Debts With Savings? Guide.

In this guide

Would like to watch as opposed to read? See Martin’s movie below

Step one: check student loan type that is YOUR

A entire generation of Brits are in possession of figuratively speaking. Anybody who began advanced schooling since 1990 happens to be qualified – so even those who graduated 25 years back could have them still.

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