Early Payment Penalty

Student Loan Early Repayment Charge to be ‘Postponed’

By Ian Holloway

The Government issued a consultation last year concerning proposals to penalise students whose circumstances allow them to repay their loans early.  The existing repayment rules for student loans allow any student, at any time, to pay more than is required under their loan agreement.  The Government’s reforms to the financing of higher education involve: applying [...]

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Payroll Update 2013