6min chapter

The Martin Lewis Podcast cover image

Uni costs to increase 50% – Everything you need to know

The Martin Lewis Podcast

CHAPTER

How to Repay for Your University Fees

From the April following you leaving university, you are eligible to repay 9% of everything you earn above 25,000 pounds. If you're not earning, you don't pay; if you're earning more, you do pay. For someone on 30,000 pounds, your group will repay just over 200 pounds a year more. They have interest of RPI plus 3%. You have RPI. But David, Tracy, students in the room, this is what it all boils down to. This is why I say the costs are substantially bigger. Remember the current system when you look at right across the board, for every pound paid towards higher education, the state contributes 44P,. The student

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