Changes to the Interest Rate and Deferment Threshold for Mortgage Style Loans – 2023/24

Deferment Support & Advice… March 2024

March to May is traditionally a busy period for deferment applications; please find below some useful information that may assist you with your application:

The deferment threshold is currently £38,255 (equivalent to £3,187.91 per month).

If your account is already deferred, please note that new deferment forms are automatically issued by the Student Loans Company approximately 8 weeks prior to the end date of your current deferment period.  If you have not received your form within 4 weeks of your end date that you contact us by email at [email protected]

Your deferment application should be returned by post to the Student Loans Company in the pre-addressed envelope provided within 14 days of receipt of your deferment pack. Returning the form direct to the Student Loans Company will ensure that it is processed quickly and efficiently. To ensure safe delivery it is recommended that your application is returned by recorded delivery.


If you do not have a pre-addressed envelope, please return to:

The Student Loans Company, Po Box 4033, Glasgow, G52 4XL


Please refer to the guidance notes included with your deferment pack for assistance in completing your application.  Alternatively, please click here for further advice.