Your loan plan explained: Loan Futures
Lesson 5 of 15 in our free Student Finance guide: a 5-minute money game with the key points below.
Shown for England. Some rules here are different in Scotland, Wales and Northern Ireland: the lesson shows your nation's version.
This lesson is in the full version.
Free with a code from your uni, college, council, landlord or employer (worth £600/year). Lesson 1 of Student Finance is free for everyone.
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Questions you'll answer
Plan 5, salary £30,000 a year. How much do you repay per MONTH?
On Plan 5, what happens to your repayments if your salary drops to £22,000?