Wales, England and EU Student Loan Repayments
You may be able to apply for Disabled Students Allowance (DSA)
You won't need to pay anything until after you finish your course and your income exceeds £25,000*. The amount you will be expected to repay is at least 9% of the difference between £25,000* and what you earn.
Interest will be applied at the rate of inflation plus 3% up until the April after you finish your studies. After this time, interest will be applied depending on your annual income. For further information about repayments to the Student Loans Company.
*It has been confirmed that this level will be increased from £21,000 to £25,000 from 2018/19 for students applying to Student Finance England and Wales, but is still awaiting parliamentary approval.
Loan Repayments
The table below illustrates the weekly loan repayments students will pay (direct from your salary) based on your annual income amount:
| Annual income | Weekly income | Weekly loan repayment |
|---|---|---|
| £21,000 | £404 | £0 |
| £25,000 | £480 | £0 |
| £30,000 | £577 | £8.65 |
| £35,000 | £673 | £17.31 |
| £40,000 | £769 | £25.96 |
Students who started before 2012/13 have the same repayment plan as those for Scotland and Northern Ireland provided below.
If you do not want to take out a tuition fee loan or have been told that you are not eligible to receive one, you can arrange to pay the tuition fee direct to the University (for further information on how to pay please click here).