Welcome to Honours Student Loans
Changes to the Interest Rate and Deferment Threshold for Mortgage Style Loans – 2024/25
The Department for Education (DfE) has confirmed the following changes for the 2024-25 academic year, effective from 1st September 2024:
Interest Rate changed to 4.3%
Deferment Threshold increased to gross annual income of £39,543 (equivalent to £3,295.25 per month).
Further details can be found in our FAQ section.
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