The online repayment service for Student Loans is now live
09 July 2020
The online repayment service for Student Loans has been launched on Gov.UK, which will allow individuals to perform a variety of tasks in relation to their loans, in a quick and simple fashion.
The service will offer the functionality to:
- View and print copies of annual statements
- View up-to-date balance summaries for the current tax year
- Establish the interest rates attached to any student loans
- Update any personal details that need amending
In order to access their account, individuals will need their customer reference number and password. No action needs to be taken at this point in time, but the Student Finance Team wanted to make customers aware that the service is now available, and ready to use.
Annual paper statements distributed by post will be stopped, because real-time balances can be located online. However, if for any reason, anyone would still prefer to receive that paper statement then they can request this here.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information. Download the CIPP's Payroll: Need to know - your guide to payroll legislation and reporting for the most up to date data.