You only start to pay back when you are earning over £25,000 a year.
You repay 9% of your income above £25,000.
For example, if your salary was £27,000, the 9% would only apply to £2,000, meaning you would repay £15 per month.
Loan repayments will be deducted from your salary, normally through the tax system.
Your repayments will stop if your salary falls below £25,000, for example if you take a career break or are unemployed.
Repayments only start again when you earn over £25,000.
While you are studying:
When you graduate and earn:
If you have not repaid your loan after thirty years it is written off.
Visit direct.gov.uk/studentfinance for more information about the financial support available to university students including support for part-time study.