You need to pay back Tuition Fee Loans and Maintenance Loans, but not other student finance, for example grants and bursaries. You still have to repay your student loan if you leave your course early.
A different repayment plan applies to Postgraduate Loans.
You’re on Plan 1 if you’re:
- an English or Welsh student who started your undergraduate course before 1 September 2012
- a Scottish or Northern Irish student
You start repaying when you earn over £18,330. This amount changes on 6 April every year.
You’re on Plan 2 if you’re an English or Welsh student who started your undergraduate course on or after 1 September 2012.
You start repaying when your income is more than £25,000.