UK Student Loan Repayment Calculator
Calculate your monthly student loan repayments based on your salary and loan plan. See exactly how much will be deducted from your pay.
Updated for 2025/26 tax year
Your Details
Your gross annual salary before any deductions
Common salary examples:
Your Repayment Breakdown
You repay 9% of your income above £27,295
Income above threshold: £7,705
2025/26 Repayment Thresholds Comparison
| Plan | Threshold | Rate | Your Repayment |
|---|---|---|---|
Plan 1 England/Wales (pre-2012) or NI | £24,990 | 9% | £75.08/mo |
Plan 2 England/Wales (2012-2023) | £27,295 | 9% | £57.79/mo |
Plan 4 Scotland | £31,395 | 9% | £27.04/mo |
Plan 5 England (from Aug 2023) | £25,000 | 9% | £75.00/mo |
Postgraduate Masters/PhD loans | £21,000 | 6% | £70.00/mo |
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Understanding UK Student Loan Repayments
Student loan repayments in the UK work differently from typical loans. Instead of fixed monthly payments, you repay a percentage of your income above a certain threshold. This means repayments automatically adjust based on what you earn.
The Five Student Loan Plans
Which plan you are on depends on when and where you studied:
- Plan 1: For students who started before September 2012 in England/Wales, or any time in Northern Ireland. Threshold: £24,990.
- Plan 2: For students who started on or after September 2012 in England/Wales (before August 2023). Threshold: £27,295.
- Plan 4: For students who studied in Scotland. Threshold: £31,395.
- Plan 5: For students starting courses in England from August 2023. Threshold: £25,000.
- Postgraduate Loan: A separate loan for Masters/PhD study. Threshold: £21,000, repaid at 6%.
How Repayments Are Calculated
You only repay a percentage of income above your threshold. For example, if you are on Plan 2 earning £35,000, you repay 9% of £7,705 (the amount above £27,295), which is £693.45 per year or about £57.79 per month.
Repayments for Company Directors
If you run a limited company, student loan repayments are calculated on your salary, not dividends. This is one factor to consider when deciding your salary/dividend split. Taking a lower salary can reduce student loan repayments, but you should balance this against NI contributions and pension credits.
Disclaimer: This calculator provides estimates based on 2025/26 thresholds. Actual repayments may vary. Consult the Student Loans Company or a qualified advisor for advice specific to your situation.
Frequently Asked Questions
Everything you need to know about UK student loan repayments
Which student loan plan am I on?
Your plan depends on when and where you studied. Plan 1 is for English/Welsh students who started before September 2012, or Northern Irish students. Plan 2 is for English/Welsh students who started on or after September 2012. Plan 4 is for Scottish students. Plan 5 is for English students starting from August 2023. Postgraduate loans are separate from undergraduate plans.
When do student loan repayments start?
Repayments begin in April after you graduate or leave your course, but only if you earn above your plan's threshold. For 2025/26, thresholds range from £21,000 (Postgraduate) to £31,395 (Plan 4). If your income drops below the threshold, repayments automatically stop.
How is the 9% repayment calculated?
You repay 9% of your income above the threshold, not 9% of your total salary. For example, on Plan 2 with a £35,000 salary, you'd pay 9% of (£35,000 - £27,295) = 9% of £7,705 = £693.45 per year. Postgraduate loans are 6% instead of 9%.
Can I have multiple student loan plans?
Yes, if you have both an undergraduate and postgraduate loan, you'll repay both simultaneously. You'll pay 9% above your undergraduate threshold plus 6% above £21,000 for the postgraduate portion. Both are deducted through PAYE if you're employed.
Do student loan repayments affect my tax code?
Student loan repayments are collected through PAYE alongside tax and National Insurance, but they don't change your tax code. Your employer deducts repayments automatically based on the plan type indicated by HMRC. The repayments are shown separately on your payslip.
When is my student loan written off?
Write-off periods vary by plan. Plan 1 loans are written off 25 years after the April you were first due to repay, or when you turn 65. Plan 2 and Plan 5 loans are written off 40 years after. Plan 4 loans are written off 30 years after, or when you turn 65. Postgraduate loans are written off 30 years after.