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Asked by Kate

AQW 40861/22-27 Written question to the Minister for the Economy

To ask the Minister for the Economy whether she has had any discussions with the Student Loans Company, in relation to reducing the interest rates on student loan repayments, within the last 12 months.

Asked by Kate Nicholl MLA on 18 February 2026

  • Answered
  • Written
Tabled
18 February 2026
Answer due by
5 March 2026
Answered
20 February 20262 days after tabling
Department
Department for the Economy
Priority question
No

Answer

The Student Loans Company has no role in setting the interest rates applied to student loans. Borrowers from here are treated as “Plan 1” borrowers, this plan type also has borrowers from England, Scotland and Wales, the terms and conditions of this plan type are therefore not a devolved matter.

Official sources

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