Part-time Tuition Fee Loan

Repayment and changes of circumstance

Repayment and changes of circumstance

Students will have to repay any loan they borrow, but not until their income is over the UK repayment threshold. How much they repay each month depends on their income, not how much they borrowed.


They’ll repay 9% of their income over the repayment threshold.


If their income drops below the threshold, their repayments will stop automatically.


Part-time students will start repaying their loan either the April after they finish or leave their course, or the April 4 years after they start their course, whichever comes first. But they’ll still only repay if their income is over the repayment threshold.


They will be charged interest from the day we make their first student finance payment to them or to their university or college until their loan is repaid in full or cancelled. The interest rate is based on the UK Retail Price Index and will vary depending on their circumstances.


Find out more about repayment at 


Changes of circumstance

If a student’s details change after they’ve applied for student finance, it’s simple to update them.

Before the start of their course, they can use their online account to make changes to:

  • their choice of course
  • their choice of university or college
  • the amount of loan they’re applying for
  • their personal details

After their course has started, they can still use their online account to change their personal details. But if there are any changes to their course, they'll need to let their university or college know so they can tell us.

If a change to their details means they’ve been paid too much, they’ll need to repay any money they weren’t entitled to. They might have to repay this sooner than the rest of their balance.