This change will apply from 6 April 2016, and will mean that the Student Loans Company will not, after a period of 60 days notice to the borrower, apply interest to credit balances.
Mae hyn yn fwy na’r terfyn o £500,000 ar gyfer newid cronnus ac mae’n golygu newid cronnus o 60% i werth oes amcangyfrifedig y contract.