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    • GeorgianaCavendish
    • By GeorgianaCavendish 7th Jan 19, 11:30 AM
    • 745Posts
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    GeorgianaCavendish
    Student Loan Nearing End of Repayment - What do I need to know?
    • #1
    • 7th Jan 19, 11:30 AM
    Student Loan Nearing End of Repayment - What do I need to know? 7th Jan 19 at 11:30 AM
    I'm currently repaying my student loan through PAYE with have approx 8 repayments left at the current deductions. I would like to continue with PAYE deductions for this tax year and then make a final direct payment in April 2019 to clear the balance. Is there anything I should be aware of before I do this?
Page 1
    • silvercar
    • By silvercar 9th Jan 19, 2:28 PM
    • 38,992 Posts
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    silvercar
    • #2
    • 9th Jan 19, 2:28 PM
    • #2
    • 9th Jan 19, 2:28 PM
    Contact the slc in April. Have a list to hand of the student loan deductions you have made through PAYE for the 2018-19 year, as the slc won't have received updated records from hmrc by then. You then have the option of making a one off payment or making your final payments via a direct debit rather than PAYE deduction.
    • GeorgianaCavendish
    • By GeorgianaCavendish 11th Jan 19, 1:26 PM
    • 745 Posts
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    GeorgianaCavendish
    • #3
    • 11th Jan 19, 1:26 PM
    • #3
    • 11th Jan 19, 1:26 PM
    Thanks silvercar, that is really helpful - good to know I can make a final payment over the phone!
    • Lokolo
    • By Lokolo 12th Jan 19, 6:24 PM
    • 20,102 Posts
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    Lokolo
    • #4
    • 12th Jan 19, 6:24 PM
    • #4
    • 12th Jan 19, 6:24 PM
    Actually, call them up now, don't wait for April
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