Student Loan Repayment Calculator
Estimate your monthly and annual student loan deductions based on your salary and specific UK loan plan thresholds.
Calculate Your Loan Deductions
Enter your annual salary and select your student loan plan to instantly see how much will be deducted from your pay.
Repayment Estimator
Get a clear breakdown of your undergraduate and postgraduate loan deductions.
How it Works
Understanding UK student loan deductions
Enter Salary
Input your gross annual salary before tax, pension, or any other deductions.
Select Plan
Choose your specific undergraduate loan plan and indicate if you also hold a Postgraduate Loan.
Threshold Check
We compare your salary against the 2024/2025 repayment threshold for your specific plan(s).
Instant Calculation
We apply the 9% (undergraduate) and/or 6% (postgraduate) rate only to the income earned *above* the threshold.
2024/2025 Loan Thresholds & Rates
A general overview of the current repayment thresholds and percentages for all UK student finance plans.
| Loan Plan | Annual Threshold | Repayment Rate | Who it Applies To |
|---|---|---|---|
| Plan 1 | £22,015 | 9% | Students who started before Sept 2012 (England/Wales) or NI students. |
| Plan 2 | £27,295 | 9% | Students who started between Sept 2012 and July 2023 (England/Wales). |
| Plan 4 | £27,660 | 9% | Scottish students (and some Scottish postgraduates). |
| Plan 5 | £25,000 | 9% | Students who started from August 2023 onwards (England/Wales). |
| Postgraduate | £21,000 | 6% | Master’s or Doctoral loan borrowers (calculated separately). |
Student Loan FAQ
Answers to the most frequently asked questions about UK student finance, repayment thresholds, and loan write-offs.
The UK has several student loan plans: Plan 1 (pre-2012 England/Wales and Northern Ireland), Plan 2 (post-2012 England/Wales), Plan 4 (Scottish students), and Plan 5 (post-2023 England/Wales). There is also a separate Postgraduate Master’s or Doctoral Loan.
Repayments are calculated as a percentage of your income *above* the threshold for your specific loan plan. For most undergraduate loans, this is 9% of the amount earned over the threshold. Postgraduate loans are 6% over their specific £21,000 threshold.
No. If your income falls below the repayment threshold for your loan plan, your monthly student loan deductions will automatically stop. You will only resume repayments when your income rises above the threshold again.
The write-off period depends on your plan. Plan 1 is written off at age 65. Plan 2 is written off 30 years after the April you were first due to repay. Plan 4 is written off 30 years after graduation. Plan 5 is written off 40 years after the April you were first due to repay.