UK Student Loan Repayment Calculator 2026/27
See how much student loan comes out of your pay each month
All plans at this salary
| Plan | Threshold | Rate | Monthly | Yearly |
|---|
Thresholds for 6 April 2026 – 5 April 2027. Repayments are taken through PAYE based on pay in each pay period, so monthly amounts can vary if your pay changes.
Student loan repayment thresholds 2026/27
You only repay your student loan when you earn above your plan's threshold. You repay a percentage of the amount above the threshold, not of your whole salary.
| Plan | Who has it | Annual threshold | Rate | Written off |
|---|---|---|---|---|
| Plan 1 | Started before Sept 2012 (England/Wales) or Northern Ireland | £26,900 | 9% | 25 years |
| Plan 2 | Started Sept 2012 – July 2023, England or Wales | £29,385 | 9% | 30 years |
| Plan 4 | Scotland | £33,795 | 9% | 30 years |
| Plan 5 | Started from Aug 2023, England | £25,000 | 9% | 40 years |
| Postgraduate | Master’s or Doctoral loan | £21,000 | 6% | 30 years |
Worked example: £35,000 on Plan 2
£35,000 is £5,615 above the Plan 2 threshold of £29,385. You repay 9% of that, which is £505 a year or about £42 a month.
Having more than one loan
If you have a Postgraduate loan as well as an undergraduate plan, you repay both at the same time: 9% above your undergraduate threshold and 6% above £21,000.
Self-employed? Use the UK self-employed tax calculator, which includes student loan repayments through Self Assessment.
Write-off periods start from the April after you were first due to repay. Results are estimates, not financial advice.