Student Loan Rates & Repayment Thresholds Update | Leicester News

Student loan rates just got a major update—here’s what you need to know: Plan One loans now sit at 4.1% interest (from Sept 1), while Plans Two and Five cap at 6% max, even if rates climb to 7.1% in some cases. Plus, your repayment threshold for Plan One jumps to £28,050 next April—up from £26,900. If you’re on any of these plans, stay sharp: your balance could grow faster than expected if payments are slow. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ec9c39d75705942e