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• 9% of your matter you get along side endurance to own plans 1, 2 and 4
• 6% of number you have made along side endurance toward Postgraduate Financing

Plan 1

You may be repaid month-to-month as well as your earnings changes monthly. That it month your earnings try ?dos,000, that’s along side Bundle 1 monthly threshold off ?step one,657.

Your earnings try ?343 over the threshold (?2,one hundred thousand without ?step 1,657). You will repay ?30 (9% of ?343) that it week.

Their annual earnings try ?twenty-seven,one hundred thousand and you are repaid a consistent month-to-month wage. Thus per month your income is actually ?2,250 (?27,one hundred thousand divided because of the 12).