Question about Student Loan repayment.

[TravellingSpoon]

I am finally earning enough to pay back my Student Loan. Only taken 16 years!

My wages fluctuate depending on the enhancements I get paid for evenings and weekends, BH and overtime. Next month my wages will be lower due to not having done many enhanced shifts and having annual leave.

If my months wages fall below the threshold, will SFE still take an amount based on my annual predicted income? Or is it done on a monthly basis?

Hopeful bump.

Hopefully someone with more knowledge will be along to advise but in my experience, repayments are calculated on a monthly basis. So if you earn less one month then the repayment will be less. The reason I believe this to be true is that I paid a lot more than I normally do a few months back when I got a pay rise with back payment and then it dropped back down to the usual monthly payment.

They calculate it monthly

If at the end of the year it turns out you were under the threshold for the year despite having a few high months, you can claim back your payments too