How do I repay my student loan?
Updated on 30 December 2020
Employment
Employment
You can find information about student loans and how you repay them on our dedicated student tax website: Tax Guide for Students. Tax Guide for Students is a non-profit website that was set up by us (the Low Incomes Tax Reform Group) to provide tax information to students and their advisers.
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Tax Guide for Students only covers how repayments work for what are known as income-based or income-contingent loans, introduced in the autumn of 1998. The website does not look at the loans, often known as ‘mortgage-style loans’, in place before that time.
We cover the following topics on the Tax Guide for Students website:
- Plan 1 student loans –
- how and when you pay back your student loan
- how you make repayments through PAYE
- Plan 2 student loans –
- how and when you pay back your student loan
- how you make repayments through PAYE
- Postgraduate loans
- How repayments work if you have both a Plan 1 and a Plan 2 student loan
- What happens to your student loan if you go abroad
GOV.UK and the Student Loans Company websites also contains lots of useful information.
