You are probably borrowing money from the government to help you live now. This is cheaper than borrowing from banks, and how much you are allowed to borrow will depend on your home circumstances. Then you have to pay it back.

All the information about loans given in this section is for income-contingent loans, introduced in the autumn of 1998. We do not look at any of the tax free old style loans (often known as mortgage loans) obtained before that time. The Revenue is responsible for the Collection of Student Loans through the tax system.