Student Finance

You may be able to borrow money from the The Student Loans Company to help you pay for university or college tuition fees and to help you with living costs.

You may also be able to get extra money on top of these if you are disabled, have children or are on a low income. You will start to repay once you earn a certain amount of money. The monthly payments size will depend on how much you borrowed not how much you earn, You’ll be charged interest on the loans from the day you take it out and T’s & C’s can change. Check out the resources below on student finance for Further Education information.

You can also ask one of our friendly coordinators using our Chat to HOP live chat feature.

Understanding your student loan

Watch Martin Lewis talk through student loans and how much students will honestly repay.

Note: This talk was recorded in 2019, and uses the thresholds and interest rates applicable at that time. However, the theory behind repaying your student loan remains the same.

Some of the figures mentioned in this video have changed since the video was made. The following figures are the rates and thresholds for 2023: