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Student Loan Interest Rates

  • Evans Accountants
  • Jun 22, 2022
  • 1 min read

The government has confirmed that student loan interest rates will remain at 7.3% from September 2022.


Normally, interest increases in line with inflation, but the current rate would have seen student loan rates rise to 12%. Confirmation on interest rates is usually made in August, but this decision has been brought forward which appears to have been taken to provide reassurance for student loan borrowers on Plan 2 (undergraduate) and Plan 3 (Postgraduate) loans.

 
 
 

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Unit 27B Mitton Road Business Park

Mitton Road

Whalley

Clitheroe

Lancashire

BB7 9YE

01200 428460

Evans Accountants is the trading name of David H Evans Ltd.

Company Registered in England and Wales. Registered number: 4666707
Directors: James Evans ACA & Kirsty Shipston ACA CTA

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