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Fixed Term Repayments

 

If you took out a student loan while on a university or college course that began before September 1998, you will make payments in monthly installments. If you have four or fewer loans for courses beginning before 1998, you will repay your loan in 60 monthly installments. If you have five or more loans, you repay in 84 monthly installments.

 

If you are currently repaying your loan(s) by direct debit, these payments will continue to be deducted from your UK bank account each month.

 

If you are overseas and no longer have a UK bank account, you can view other payment options you may wish to use.

 

If you earn under a certain amount, you may be eligible to defer (postpone) your student loan repayments. For more information please see Deferring Your Loan.

 

If your repayments are currently deferred, we will send you a new deferment application form approximately eight weeks before the end or your current deferment period. If we do not hold your current overseas address, please log on to the secure area of this site and update your details. You will need your Customer Reference Number (formerly known as ART ID), and your security details to login.

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