This is a news story, published by Telegraph, that relates primarily to the Student Loans Company news.
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student loansTelegraph
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70% Informative
Student finance helps undergraduates and postgraduates with the cost of university.
Money can be accessed to cover tuition fees as well as university living costs such as rent and food bills.
Money is provided by the Government through the Student Loans Company (SLC) Students need to apply for the finance from the area they are from or normally live in.
Some student finance used to be grants but this stopped in 2017 and now it is given as a loan.
Unlike a traditional loan, the money won’t necessarily have to be paid back straight away or, in some cases, you may never pay it back.
Repayments only become due in the April after a student graduates and once they earn above a certain threshold.
Interest is added on top of student loans at different rates depending on what plan you are on.
VR Score
76
Informative language
79
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