Exactly how we get to these outcomes
This calculator is actually for undergraduate pupils that have started college since 2012. A various money system relates to undergraduate pupils whom began college in 2011 or prior to, also to postgraduate pupils. Find out about tuition costs and monetary help).
This calculator estimates month-to-month repayments, presuming the expected earnings described below and shown from the web page of step-by-step outcomes.
The outcome are for illustrative purposes just, since the actual repayments depends on the real income attained for the period.
Mortgage loan of 3% above inflation is supposed to be applied through the receipt of this very first repayment from the scholar Loans Company (SLC) through to the end associated with the fiscal 12 months (5th April) after the end associated with program.
The attention price used after this can rely on the yearly profits for the receiver associated with the loan: