If your learner is on a Learner Loan programme, you can enter the loan details and have payment records scheduled for both Loan Payments and Learner Contributions.
To do this, first go to the Student Loans tab in the learner's ILR Summary. If any loan details have already been recorded they will be displayed here.
Select Edit, enter the necessary details for the agreed loan amount and dates and tick Create Payment Records. If this option is not available, then payments have already been generated for the loan. Select Save to generate the payments.
The following types of payment will be generated in the Payment Records tab in the ILR summary:
Learner Contribution values – These will be made up of the SLC Balance to Pay value divided into monthly installments between the SLC Loan Start and SLC Loan End dates.
Loan Payment – These will be made up of the SLC Loan Amount value divided into monthly installments between the SLC Loan Start and SLC Loan End dates.
For more information, take a look at the full help page for Student Loans in the ILR Summary.
Keywords: Student loan PMRs, advanced learner loans, ALL, SLC details, student finance