Income Contingent Student Loan vs Income Contingent Postgraduate Loans

Posted Fri, 22 Dec 2023 00:03:47 GMT by

Hello, I started the self assessment and I'm not sure what "Income Contingent Student Loan " refers to - is it only applicable for undegraduate student loans? Concretely, in November 2022 I received a letter informing me that "Your postgraduate student loan is due to enter repayment in the coming April". I have no undergraduate loan. Am I right in assuming that I should select "yes" only to the second question (11a - Postgraduate Loan repayments) and "no" to the first one (09a - Student Loan repayments)? Many thanks.

Answer

Posted Fri, 05 Jan 2024 22:02:29 GMT by

Hi, can someone help with this question please? Many thanks, Mihai

Posted Thu, 11 Jan 2024 08:39:53 GMT by HMRC Admin 25 Response

Hi Mihai Enache,
You will put ‘X’ in box 1 if you’ve received a letter from the SLC notifying you that repayment of an Income Contingent Loan began before 6 April 2023.
In box 2, put the total amount of all Student Loan deductions taken from all your PAYE employments.
You’ll find this information on your P60 and payslips.
In box 3, put the total amount of all Postgraduate Loan deductions taken from all PAYE employments.
You will find this information on your P60 and payslips.
Thank you,

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