Higher education student loans

Tuition fee loans are available to EU or UK students studying on both full and part-time higher education courses at East Riding College. The loan goes directly to paying for your course fees and you don't start paying it back until you're earning £25,000 a year. Full-time students can also apply for a maintenance loan to help with living costs. 

How much will my repayments be?

Once you reach the repayment threshold of £25,000, your repayments will begin. Examples of monthly repayments as your earnings rise are in the table below. You can find out more about repayments here: https://www.gov.uk/repaying-your-student-loan/overview


How much do I repay?

You’ll only start making repayments if your income is over the repayment threshold.The repayment threshold for the 2026-27 tax year will be £25,000 a year, £2,083 amonth or £480 a week in the UK. If your income falls below the repaymentthreshold, your repayments will stop and only restart when your income is over thethreshold again. You can also make additional voluntary repayments to SLC at any time.
You’ll repay 9% of your income over the repayment threshold, which is currently £25,000 a year, £2,083 a month or £480 a week in the UK. If your income changes,either rising or falling, your repayment amount will automatically change to reflect this.

Income each year before tax Monthly income before tax Approximate monthly repayment
£25,000 £2,083 £0
£28,000 £2,333 £22
£29,500 £2,458 £33
£31,000 £2,583 £45
£33,000 £2,750 £60


Student loans are administrated by Student Finance England. You can find out more about loans and grants, and apply for both here: https://www.gov.uk/student-finance

If you'd like to speak to a college guidance officer before making an application, contact us to request an appointment.