The repayment of student loans is a shared responsibility between the Student Loans Company and HM Revenue & Customs (HMRC). Repayments are made through HMRC if you’re employed (PAYE deductions) or self-employed (Self-Assessment tax return); or directly to SLC if you’re living outside the UK.  All Tuition Fee Loans and Maintenance Loans are repayable and accrue interest.

Repayments are based on your income and you are required to repay the loan once you have left college or have finished your course, normally starting the next April following graduation. There are also earning thresholds which you must reach before you have to start repayments. If you are confused or have any enquiries about repayments or how the payments are deducted and want to know more about when and how payments are made, you can contact us.