UK Student Loans Threshold to rise
Mar 27th 2005, 8:31 pm
#1
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Thread Starter
Joined: Oct 2003
Location: half marathon runner!
Posts: 4,458
UK Student Loans Threshold to rise
Just some info for those in Australia/going to Australia who have a student loan.
As of April 6th 2005 the repayments threshold will be increasing from GBP10,000pa to GBP15,000pa. The breakdown for this is as follows;
monthly - 1,250
weekly - 288
So on the PAYE method of repayment, no repayment will be made if your income falls below the threshold. A rough conversion makes these figures as follow for AUD;
$37,000pa
$3000pm
$700pw
I would imagine this will be on the SLC Website
As of April 6th 2005 the repayments threshold will be increasing from GBP10,000pa to GBP15,000pa. The breakdown for this is as follows;
monthly - 1,250
weekly - 288
So on the PAYE method of repayment, no repayment will be made if your income falls below the threshold. A rough conversion makes these figures as follow for AUD;
$37,000pa
$3000pm
$700pw
I would imagine this will be on the SLC Website
Mar 27th 2005, 10:01 pm
#2
Joined: Aug 2003
Posts: 11,149
Re: UK Student Loans Threshold to rise
Old style loan threshold is stil at 1875GBP a month and no news of an increase.
Mar 27th 2005, 10:46 pm
#3
huge,throbbing member
Joined: Jul 2002
Location: Maaaaanjerra WA
Posts: 833
Re: UK Student Loans Threshold to rise
Bleedin' student bludgers-send em all to prison if they dont use their sociology degrees within 3 months of getting em.
BB-Paul Calf in disguise
BB-Paul Calf in disguise
