Welcome to Honours Student Loans
Changes to the Interest Rate and Deferment Threshold for Mortgage Style Loans – 2023/24
The Department for Education (DfE) has confirmed the following changes for the 2023-24 academic year, effective from 1st September 2023:
Interest Rate changed to 13.5%
Deferment Threshold increased to gross annual income of £38,255 (equivalent to £3,187.91 per month).
Further details can be found in our FAQ section.
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