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Plan 1 Student loan annual statement

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Plan 1 Student loan annual statement

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Hi all,

I graduated almost a decade ago so am on a plan 1 Student loan. This loan is almost due to complete its repayment - I moved onto a Direct debit last month, and my last PAYE deduction was in March. 

I'd like to pay off the remaining balance in full by debit card, however I don't quite trust the settlement balance that Student Finance England are giving me because they can't say how it was worked out. My own calculations show it to be a little on the high side, given the amount I paid via PAYE in the 2019/20 financial year.

In the last few years my annual statement arrived typically in June, but I haven't had it yet, and it isn't showing in the list of letters on my online account either. I asked their Twitter department, and they advised me, that they have started printing these but it could arrive at any time in the summer. 

Has anyone had theirs at all?


  • nokia1100nokia1100 Forumite
    84 posts
    Part of the Furniture 10 Posts Combo Breaker
    Not had mine yet, but I'm not stressing as I'm a little while behind you in clearing mine.  I doubt COVID has made them any quicker this year though! What sort of figure do you think you're down to versus what they're saying?
    Savings: £200k and counting...
    26/09/14 the day I reached six figures, doubled on 24/07/20
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