The student money site. Non-preachy money tips & the best deals. Free money cheat sheet: https://xitter.cf/t.co/4awUMYcKfN 🚀
London, England
Joined December 2008
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Save the Student retweeted
🎓 Starting uni in 2026-27? @savethestudent bursary is back! Six awards of £750 are available for essentials like laptops and bedding. Apply by 26th June for your chance to get support: savethestudent.org/bursary
❌ This won't affect your monthly repayments, which are always 9% (or 6% on Plan 3) of earnings over a threshold.
✅ But it does mean your student debt grows faster and makes it less likely you'll repay in full.
2️⃣ Plan 2 (based on salary)
💷 ~£44,300/year or less: your rate will increase by 0.9 percentage points (e.g. 4% to 4.9%) compared to now
💷 ~£44,300 – ~£51,300: your rate will increase to the 6% cap
💷 ~£51,300 or more: your rate is currently above 6% and will fall to the 6% cap
(keep scrolling for Plan 2)
1️⃣ Plan 1: your rate is going ⬆️ from 3.2% to 4.1%
3️⃣ Plan 3 (postgraduate): your rate is going ⬇️ from 6.2% to 6%, as it's been capped
4️⃣ Plan 4: your rate is going ⬆️ from 3.2% to 4.1%
5️⃣ Plan 5: your rate is going ⬆️ from 3.2% to 4.1%
⚠️ BREAKING: Student Loan interest rates will rise in September.
March's RPI (the figure used each year) has just come in at 4.1%, up from 3.2% in 2025.
Full list of changes, including how Plan 2's 6% cap will have a limited impact ⬇️
🚨 NEW REPORT 🚨
Our National Student Accommodation Survey 2026 report is out today.
We look at the upcoming Renters' Rights Act, the student housing shortage, the impact of inadequate maintenance funding and more.
And we're calling on the government to take urgent action.
ALT Purple house icon with "NSAS 2026 - National Student Accommodation Survey" written inside
The suggestion from Chris Curtis that it may sometimes be better to take out a private loan was astonishing (not to mention unrealistic and dangerous).
There's a lot we'd like to change about Plan 2 (and 5), but so much of the discussion is so off the mark.
This explains the interest rate THRESHOLDS that have been frozen (£28,470 – £51,245). savethestudent.org/student-f…
The interest RATE is currently 3.2% + up to 3%, based on March 2025's RPI rate. The RPI rate in use will change in Sept 2026 to become March 2026's rate.
This is confirmed by the OBR report: obr.uk/docs/dlm_uploads/OBR_… (page 67)
Historic loan interest rates here: gov.uk/guidance/how-interest…
We've seen this in a few places, but it's INCORRECT. ❌
The interest rate THRESHOLDS have been frozen as a natural knock-on of freezing the repayment threshold.
The interest RATE hasn't been frozen, and hasn't been 7.9% since July 2024.
cc @Telegraph
👇 Our take on yesterday's higher education white paper announcements, and why the increase to tuition fees shouldn't distract from the biggest financial challenge facing students.
🚨 NEW REPORT 🚨
Today we publish the National Student Money Survey 2025 report.
Below-inflation increases to the Maintenance Loan continue to have an impact, as well as a drop in parental contributions.
We're calling on the government to increase funding to end this struggle.
ALT the words "NSMS 2025 – National Student Money Survey" written on a graph, over a background image of coins with a blue filter
🚨 NEW REPORT
The results of our Student Banking Survey 2025 are now live, including:
🏦 Which banks students are using
🤔 How satisfied they are with their accounts
💷 Students' borrowing habits
🛒 Their use of buy now, pay later (BNPL) services
...and loads more 👇
ALT A digital mockup of a smartphone with a bank card tapping it, with the words "student banking 2025" printed on it. The whole image is in a largely purple tint.
Full details, including the eligibility criteria and application form, here:
savethestudent.org/bursary?u…
🚀 We've launched our first EVER bursary!
💷 We're giving away 6x £750 to students starting university in Autumn 2025, to help buy essentials like a laptop, bedding, specialist equipment and more.
🏠 Open to those with a household income of £40k/year or less.
Full details 👇
ALT "Save the Student Bursary 2025" written over a purple background, with the Save the Student and JS Group logos in the bottom left corner
Save the Student retweeted
Really proud to have made this shortlist! ⭐ #HMAwards25
If you're a journalist, or know a journalist, and you'd like to lend your support, I'd love if you could spend a couple of seconds voting for me here - you just need to click a dropdown! 👇🏻
headlinemoneyawards.co.uk/20…
We're pleased to announce the #HMAwards25 shortlist for Expert of the Year! 🏆
Congratulations to:
@TomAllingham, @KevinCarrC, @sarahecoles, @D_Hollingworth, @Myron_Jobson, @russmould1, Rachel Springall, @SusannahShares and @pensionstully!
tinyurl.com/36bcm5nj
