The student loan company limited is a public organization which provides financial assistance to students of university to meet the cost of education. It fulfills financial needs of students in form of loans and grants. It also plays key role of collection of repayments of
loan amount from those who have either finished their studies or who have left their study. It offers its services in four systems of Northern Ireland , England, Scotland and wales. This government body offers loans to students at low rate of interest. The Student Loans Company is has its offices at Bothwell Street,Glasgow,Scotland and it has its offices are situated at Darlington, Colwyn Bay, Hillington.
Recently a new system of repayment of loans have been named Income Contingent Repayment has been launched. Higher Majesty Revenue and Customs collects repayment of ICR loans and submits its report to students loans company. Thus it provides monetary help to students for spending money on their education. Every year one million students enjoy the benefit of loan from Student Loan Company.