How much would the repayments be?

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Repayments will be made at 9 per cent of your income over the threshold above £26,575. If your income falls below £26,575, repayments will stop and only re-start when your income increases to more than £26,575.

You’ll be charged interest at the Retail Price Index (RPI) + 3% while you complete your course and until the following April after leaving your course.

After that interest is linked to your earnings.