Students: You have more than one job where you earn less than £15,000

Each of your employers works out your loan repayments separately. They do not take into consideration how much you earn from other employers or from self employment.

If you work for more than one employer
None of your employers need know how much you earn from your other employers. Therefore they can only work out how much your loan repayments should be from how much they pay you.

So, each employer will only start deducting loan repayments from your wages if they pay you more than £15,000 a year (or £1250 a month or £288 a week).

For example, imagine that you are paid:

• £17,000 a year by one employer, and
  
• £14,000 a year from your other employer.

The employer who pays you £17,000 a year will deduct loan repayments from your wages. He will calculate your repayments based only on the £17,000 you earn from him and not take into account the £14,000 you earn elsewhere. The employer who pays you £14,000 a year will not deduct any repayments from your wages at all.

If you have a more than one job with the same employer
One employer might employ you for more than one job. If this is the case your employer will base your repayments on how much you earn from all the jobs for which he employs you. He will therefore make deductions if he pays you, in total, more than £15,000 a year (£1250 a month or £288 a week).

For example, imagine you have two jobs with the same employer:

• one with a salary of £7,500
  
• another with a salary of £8,500

Your employer will add your two salaries together, note that in total he pays you more than £15,000 a year and start deducting loan repayments from your pay.

If you are employed and self-employed
If you work for yourself as well as working for an employer, your employer will make the repayments based on how much you earn in that job. He will not take into consideration how much you earn from self employment.

You will also make loan repayments on any income from your self-employment that is above £15,000 a year. You make the repayments at the same time as you pay your tax and National Insurance contributions.