CSLM17001 - SL repayments: borrower within PAYE: introduction

The majority of borrowers who make repayments of Student and or Postgraduate Loans fall within the PAYE arrangements. As such, the repayments will be made by way of deductions from earnings made by the employer.

The employer has significant responsibilities for the smooth operation of the Student Loans scheme and efforts have been made to both minimise and simplify the work required to be done by the employer.

Nevertheless the employer is responsible for

• Making Student and or Postgraduate Loans deductions when instructed to do so
• Stopping Student and or Postgraduate Loan deductions when instructed to do so
• Updating payroll software so that the correct deductions will be made
• Maintaining records of borrowers and deductions made

And

• Remitting Student and or Postgraduate Loan deductions to HMRC at the proper times