Student loans: a guide to terms and conditions
A guide describing terms and conditions for students taking out a student loan in academic years 20252026 to 20262027 and 20242025 to 2025.2026.
Applies to England
Documents
Details
Before applying for student finance, it’s important that you understand the terms and conditions of your loan. Our guide will help you understand your loan contract, your repayment plan type, how you’ll repay your loan and how to contact us if you’re not satisfied.
Updates to this page
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- section 5.2 has been updated to make it clearer that you repay 9% of your income over the Plan 2 repayment threshold - section 5.5 has been updated to advise that you can request a below threshold refund via your repayment account - section 6.13 has been updated to advise how to request a credit balance refund or below threshold refund - section 8 has been updated with a link to the Student Loan Company contact details page
Update history
2026-01-19 10:36
Updated for new academic year
2025-07-16 09:14
section 5.2 has been updated to make it clearer that you repay 9% of your income over the Plan 2 repayment thresholdsection 5.5 has been updated to advise that you can request a below threshold refund via your repayment accountsection 6.13 has been updated to advise how to request a credit balance refund or below threshold refundsection 8 has been updated with a link to the Student Loan Company contact details page
2025-04-06 00:30
Updated for 25/26 thresholds
2025-02-11 15:35
2025 to 2026 terms and conditions have been added
2024-04-06 10:00
Removed 2022 to 2023 and updated 2024 to 2025 guide to terms and conditions.
2024-01-26 14:08
Terms and conditions have been added for 2024 to 2025
2023-12-04 10:27
Updated Student Loans Company address from 100 Bothwell Street, Glasgow, G2 7JD to 10 Clyde Place, Glasgow, G5 8DF
2023-04-06 09:00
The 2023/24 guide has been updated with new repayment threshold information.
2023-01-17 16:38
A guide to terms and conditions for the 2023/24 academic year have been added
2022-04-25 12:41
Updated HTML for academic year 2022 to 2023 to reference and include guidance for Higher Education Short Course Loans content.
2022-04-07 12:45
Updated HMTL Terms and Conditions for 2021 to 2022 and 2022 to 2023, to highlight acronyms.
2022-04-06 00:30
Updates have been made to the repayment thresholds in the 2022 to 2023 Terms and Conditions Guide