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Interest rate relief on student loans granted in lockdown.

Submitted on Friday 8th January 2021

Rejected on Wednesday 27th January 2021

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Interest rate relief on student loans granted in lockdown.

Petition Details

Remove any future interest payments on the loans for university tuition fees and maintenance loans which have been charged during Covid. Students who have paid fees and accommodation costs whilst not receiving face to face, on campus teaching should not have to pay interest on their loans.

Additional Information

University students spent much of the last year off campus, paying fees and rent, or on campus without access to facilities. They have paid huge sums of money for accommodation in which they have not been allowed to live. Tuition fees have continued with little or no access to academic or social facilities and to pay interest on the loans which cover these costs is grossly unfair. No future interest should be charged on any loans used to pay fees from March 2020 until normal services resume.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

You might like to sign the following petitions:

Exempt Uni students affected by Covid from being charged interest on loans.
petition.parliament.uk/petitions/559022

Student loan interest rates cut to 1% above base & have an interest rate holiday
petition.parliament.uk/petitions/552812

Have your say on this petition!

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