Use case
Onfolk will automatically deduct student loan repayments when:
Employees have confirmed they're on a repayment plan during their Onfolk onboarding
HMRC has sent us a notification that an employee needs to deducted student loans, or has fully repaid their student loans and deductions can now be cancelled.
However you may need to manually add or remove a student loan deduction, if:
the employee hasn't confirmed as part of their onboarding that they're on a student loan repayment plan
HMRC's notification is late and student loan deductions for an employee need to be removed before payroll.
β οΈ Past onboarding, employees won't be able to add a student loan repayment plan in their profile - this will need to be done by an admin.
β
β
How to manually add or remove student loans for an employee
1. Log into your Onfolk portal
2. Go to People > select the employee
3. Select the "Work & Pay" tab, then scroll down to the "Student Loan" section
4. Click on "Update", then configure or cancel the repayment plan.
π If you want to cancel the student loan repayment plan, select "They don't have a student loan". This will remove the deduction in the following payroll run.
π If you want to add a student loan deduction, select "They have a student loan" then select the loan type (the employee will know this).
5. Click 'Save', and you're done! This will get automatically updated in the following payroll.