What are Student Loans?

Student Loans are part of the Government’s financial support package for students in higher education in the world. They are available to help students meet their expenses while they are studying.

They are responsible for collecting repayments of Student Loans in cases where the borrower is within the tax system and is no longer in higher education.
The loans are still administered by the Student Loans Company.

In most cases you collect Student Loan repayments by making deductions from the borrower’s pay using the calculator on the CD-ROM or the SL3, Student Loan Deduction Tables.