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Student loans and grants in the United Kingdom are primarily provided by the government through the Student Loans Company (SLC), an executive non-departmental public body. The SLC is responsible for Student Finance England and Student Finance Wales, and is a delivery partner of Student Finance NI and the Student Awards Agency for Scotland .
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%). [1] The SLC is funded entirely by the UK ...
The loan, which would not depend on household income, would be paid directly to the university or college from the student loans company. [37] The act also established the Office for Fair Access (OFFA) in an effort to ensure that the "introduction of higher tuition fees in 2007-08 did not deter people from entering higher education for ...
The highest outstanding student debt in the UK is more than £230,000, data obtained by BBC News reveals. ... brought in from 2012 by the coalition government. Plan 2 loan holders now pay 9% of ...
The graduate with the most unpaid student debt in the UK owes more than £231,000, while another loan holder racked up interest exceeding £50,000, according to new data.
Someone with a student loan balance of £45,000 would reduce their accumulating interest by around £210 per month under the newly-announced rates compared to 12% interest rates, the department added.
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