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For the 2009/2010 academic year, students living at home were entitled to an extra £1,075 (bringing the total loan to £3,838); students living in London were entitled to an extra £1,940 (bringing the total loan to £6,928); and students living elsewhere in the UK were entitled to an extra £1,386 (bringing the total loan to £4,950).
Income-contingent repayment is an arrangement for the repayment of a loan where the regular (e.g. monthly) amount to be paid by the borrower depends on his or her income. This type of repayment arrangement is mostly used for student loans, where the ability of the new graduate borrower to repay is usually limited by his or her income.
The Student Loans Company (SLC) is an executive non-departmental public body company in the United Kingdom that provides student loans. It is owned by the UK Government's Department for Education (85%), the Scottish Government (5%), the Welsh Government (5%) and the Northern Ireland Executive (5%). [2] The SLC is funded entirely by the UK ...
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Learning how to calculate debt-to-income (DTI) ratio with student loans is complicated enough. Now consider that mortgage lenders have their own formulas. The bottom line: In the eyes of mortgage ...
On the first day of the first academic year of the course, to qualify as a home student, all of the following criteria must be fulfilled by the student: . Be free from any immigration restrictions (e.g. British citizenship, exercising EU Freedom of Movement Rights, indefinite leave to enter/remain, right of abode, free from immigration control (as a diplomat or member of air crew))
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