Tell us about you 09a - Student Loan repayments

Watch a short YouTube video on Student Loans.

Income Contingent Repayment (ICR) Student Loans are collected by HMRC. You will have received a letter from the Student Loans Company (SLC) before you were due to start repaying your loan telling you the date from which any ICR loan repayments will become due.

If you have an ICR Student Loan for which repayment should have begun before 6 April 2021,(regardless of whether your income was below the threshold for Student loan repayments) do not select 'No'.

There are two income thresholds, known as plan 01 and plan 02.

The plan type 1 type threshold is £19,390. If your deductions are based on plan type 1 and you earn less than £19,390 you won't have to make any repayments.

The plan type 2 threshold is £26,575. If your deductions are based on plan type 2 and you earn less than £26,575 you won't have to make any repayments.

Student Loan repayments are then collected at a rate of 9% on any income over these limits.

Student Loan repayments are worked out as described above along with any tax and National Insurance contributions. Self Assessment Student Loan repayments are due to be paid by 31 January following the year of assessment. This means that they will be included in your 31 January balancing payment each year. They are not included in the Self Assessment payment-on-account figures calculated during the year.

Contact HMRC if any of the following apply:

• you receive notification after you have sent your return that your ICR student loan will be fully repaid before 1 January 2022
• you feel that our calculation of your student loan repayment will exceed the balance remaining on your loan - go to Contact SLC - repayment enquiries for more information

If you have not received notification that your loan has been fully repaid but you think that you're nearing the end of your loan term you should contact the SLC direct. Contact details are on Repaying your student loan.