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I live overseas in a country substantially poorer than the UK and I don't even earn 14,000 Euros. Am I entitled to defer my Student Loan? I have been told that nobody has to pay back a Student Loan until the earn �15,000 is this true or urban myth? I graduated in 2005. Any info kindly appreciated....
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That is correct. See here
http://www.slc.co.uk/about%20student%20finance /products%20and%20services/income_contingent_r epayment.html
This is how the repayment system operates - both in the UK and overseas.
http://www.slc.co.uk/about%20student%20finance /products%20and%20services/how_student_loans_a re_repaid.html
Note that interest adds to the loan. The interest is broadly the same as price inflation (well the Government's version of that figure).
http://www.slc.co.uk/about%20student%20finance /products%20and%20services/income_contingent_r epayment.html
This is how the repayment system operates - both in the UK and overseas.
http://www.slc.co.uk/about%20student%20finance /products%20and%20services/how_student_loans_a re_repaid.html
Note that interest adds to the loan. The interest is broadly the same as price inflation (well the Government's version of that figure).
-- answer removed --
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