For Student Loan Repayment, You need to pay back:
- Tuition Fee Loans
- Maintenance Loans
- Postgraduate Loans
You do not need to pay back other student finance, for example grants and bursaries, unless you’ve been paid too much.
You still have to repay your student loan if you leave your course early.
How to repay
How you repay your loan depends on whether you’re employed or self-employed.
You can make extra repayments in your online repayment account and by card, bank transfer or cheque.
Keep your payslips and P60 for your records – you’ll need them if you want to get a refund.
Repaying during the coronavirus (COVID-19) outbreak
- changes in your income
- refunds
- interest on your loan balance
Which repayment plan you’re on
When you start repaying your loan and how much you repay depends on your repayment plan.
There are 4 plans:
- Plan 1
- Plan 2
- Plan 4
- Postgraduate Loan
You cannot choose the repayment plan you’re on. If you have more than one loan, they could be on different plans.
Plan 1
You’re on Plan 1 if you’re:
- an English or Welsh student who started an undergraduate course anywhere in the UK before 1 September 2012
- a Northern Irish student who started an undergraduate or postgraduate course anywhere in the UK on or after 1 September 1998
- an EU student who started an undergraduate course in England or Wales on or after 1 September 1998, but before 1 September 2012
- an EU student who started an undergraduate or postgraduate course in Northern Ireland on or after 1 September 1998
Plan 2
You’re on Plan 2 if you’re:
- an English or Welsh student who started an undergraduate course anywhere in the UK on or after 1 September 2012
- an EU student who started an undergraduate course in England or Wales on or after 1 September 2012
- someone who took out an Advanced Learner Loan on or after 1 August 2013
Plan 4
You’re on Plan 4 if you’re:
- a Scottish student who started an undergraduate or postgraduate course anywhere in the UK on or after 1 September 1998
- an EU student who started an undergraduate or postgraduate course in Scotland on or after 1 September 1998
Postgraduate Loan
You’re on a Postgraduate Loan repayment plan if you’re:
- an English or Welsh student who took out a Postgraduate Master’s Loan on or after 1 August 2016
- an English or Welsh student who took out a Postgraduate Doctoral Loan on or after 1 August 2018
- an EU student who started a postgraduate course on or after 1 August 2016