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A student loan helps you pay for university tuition fees and living costs. It's provided by the government and you only start repaying it once you earn over a certain amount. The amount you repay each month depends on your income, not how much you borrowed.
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Student loan terms to be clearer for university applicantsRelated explainers
Who sets student loan rules? Why are loan terms changing? How do other countries do it? What's a repayment threshold? How much is the UK student loan debt? Do other countries have student loans? Why are student loans unique? What about student data?The full catalogue
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