2min chapter

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

The Martin Lewis Podcast

CHAPTER

How to Repay Your Parental Contribution

You're repaying the 9% above £25,000 on. So her loan will be bigger as we discussed before. That doesn't affect how much she repays each year, but it will affect whether or not she clears it within the 40 years. Once you start to earn over-arrounds, I have, correction, then. Once you have family income of over-ar round £60,000, you're then on the minimum loan - which is roughly half the full loan. And so my earnings are 30 to 40, but if you're saying that it sort of goes on their main residence, which would be given with them on that would be a little bit higher

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