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Student Loan Deductions

Term

Repayments of student loans that an employer takes directly from your salary and sends to HMRC. It’s automatically done through PAYE.

Your student loan plan determines how much of your pay is given to SLC.

You’ll begin repaying your student loans from the 6th April of the year you graduate. The deductions will stop once you pay off your loans, or if you don’t pay the loan off after 30 years, it’ll be written off.

If you’re not on PAYE, you’ll need to pay your loan via the self assessment tax return. Or if you move overseas for 3 months or more, you need to inform SLC

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