# The Education (Student Loans) (Repayment) Regulations 2009, Regulation 74: Repayment by fixed instalments

Extent: E+W+S+N.I.

(1) A borrower must pay to the Authority a fixed instalment ...—
(a) no later than the day specified in a notice served under regulation 73; and
(b) no later than the same day of each subsequent month.
(2) The amount of the fixed instalment is the product of—
(a) the fixed instalment rate for the borrower’s loan, and
(b) the country-specific multiplier for the borrower’s country of residence.
(3) The fixed instalment rate for a plan 1, 2, 3 or 5 loan is calculated in accordance with regulation 74A.

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Source: https://www.legislation.gov.uk/uksi/2009/470/regulation/74 (the official version)
Page: https://openlegislation.uk/education-student-loans-repayment-regulations-2009/regulation-74
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.