This is a static representation of a Teletext stream that meets the following parameters:
Date: 30th August 2003
Service: Teletext
Region: East of England
Original Broadcast Channel: Channel 4
Current Page: 532
Note:If this page has sub-pages, they will all appear in a line!
P532 Teletext 532 Aug30 21:21:00 ———————————————————————— — SWOTTING UP ON STUDENT LOAN COSTS Life for many graduates is about to get more expensive as a hike in student loan interest rates to 3.1% from 1.3% comes into force from September 1. Barclays figures show students startinguniversity this year will leave in 2006with average debts of over £17,500. Student loans are a cheap way to fund the cost but the seemingly low interestrate does not guarantee the debt will not escalate into a long-term burden. ——————————————————————————————————1/8—— by Tina Walsh European Luxury Holidays ITV1 p294 Money news Products Mortgage TV Guide
P532 Teletext 532 Aug30 21:17:28 ———————————————————————— — SWOTTING UP ON STUDENT LOAN COSTS Students can apply for loans via their Local Education Authority. There are limits on borrowing — £3,165in 2003-4 for those living at home, £4,000 for those away from home, and £4,930 for students living in London. Instalments are paid at the start of each term to help students budget for the whole year. But it pays to rememberthat interest charges start ticking up as soon as the cash is received. ——————————————————————————————————2/8—— Global Markets will appear on p512IS LOVE IN THE AIR FOR YOU? p148Money news Products Mortgage TV Guide
P532 Teletext 532 Aug30 21:11:27 ———————————————————————— — SWOTTING UP ON STUDENT LOAN COSTS Interest rate charges on student loans track the inflation rate and so mirror the rising cost of living. This means that, in real terms, the student pays back exactly the same amount they borrowed. But annual statements will show the sumowed rising each year in line with inflation. In 2002-03 the interest rateapplied was 1.3%, but for the coming year it is more than doubling to 3.1%. ——————————————————————————————————3/8—— Are you a Premium Bond winner? 539NEED CASH? Call BAP on 0800 064 1994 Authorised and Regulated by the FSA. Money news Products Mortgage TV Guide
P532 Teletext 532 Aug30 21:11:14 ———————————————————————— — SWOTTING UP ON STUDENT LOAN COSTS Students do not have to begin repaying their student loan until the April after they graduate. For 2003 starters this is likely to mean starting to repay in April 2007 — by this time interest charges may have already added several hundred pounds. Students can repay at any time and interest charges only apply to the sum outstanding. If no repayments are made,the loan grows as interest is added. ——————————————————————————————————4/8—— Global Markets will appear on p512IS LOVE IN THE AIR FOR YOU? p148Money news Products Mortgage TV Guide
P532 Teletext 532 Aug30 21:12:14Advert ADVICE >>> 5/8 PHONE GET UP NEED TO 35% MORE! CASH? DON'T SURRENDER ORSELLYOUR ENDOWMENTPOLICY WITHOUTTALKINGTOBAP Authorised and Regulated by the Financial Services Authority Money news Products Mortgage TV Guide
P532 Teletext 532 Aug30 21:12:47 ———————————————————————— — SWOTTING UP ON STUDENT LOAN COSTS Only those earning at least £10,000* a year must make student loan repayments.The minimum repayment is 9% on earningsover £10,000. A £15,000 salary would mean repaying £450 a year. But the debt could still get bigger. A 3% rate on the £17,500 average loan that Barclays forecasts means annual interest of £525 — only repaying £450 ayear won't cover the interest charges and the debt will continue to grow. ——————————————————————————————————6/8—— Global Markets will appear on p512 NEW GENERATION PHONE? GAMES & RINGTONES p676Money news Products Mortgage TV Guide
P532 Teletext 532 Aug30 21:13:01 ———————————————————————— — SWOTTING UP ON STUDENT LOAN COSTS The National Union of Students has condemned the Government's plans to raise the interest rate repa9mint on student loans from September. "The average student debt is £12,000 now and will grow in future," says NUS spokesman Dan Ashley. "Obviously, any interest rate increase is going to makeit harder to pay it back." He said the move was likely to make students even more "debt averue". ——————————————————————————————————7/8—— Personal finance headlines 531RINGTONES FOR YOUR MOBILE ITV1 p359Money news Products Mortgage TV Guide
P532 Teletext 532 Aug30 21:37:31Advert Your Money >>>> 8/8 With great rates & a Mortgage Promise in 15 minutes... it's no wonder more people choose Halifax for their mortgage. Call into any branch,ring or visit www.halifax.co.uk/mortgages QUOTE REF TM0001 Calls may be monitored/recorded. Age18+. Subject to status/security/ conditions. Right of set off reserved Details & written quotations avail- able on request YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON AMORTGAGE OR OTHER LOAN SECURED ON IT Money news Products Mortgage TV Guide