What are the student loan repayment thresholds for 2025/26?

Plan 1: £24,990 per year. Plan 2: £27,295 per year. Plan 4 (Scotland): £31,395 per year. Plan 5 (from 2023): £25,000 per year. Postgraduate Loan: £21,000 per year. You repay 9% of income above these thresholds (6% for Postgraduate Loans).

When is my student loan written off?

Plan 1: 25 years after the April you were first due to repay, or when you turn 65. Plan 2: 30 years after the April you were first due to repay. Plan 4: 30 years or age 65. Plan 5: 40 years.

Student Loan Repayment Calculator 2025-26

Calculate your student loan repayments for Plan 1, Plan 2, Plan 4, Plan 5 and Postgraduate loans.

Last updated: April 2026 · Source: GOV.UK — Student loan repayment rates

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Disclaimer

This calculator is provided for informational purposes only and should not be considered as financial or tax advice. All calculations are performed locally in your browser — no personal data is collected or sent to our servers. Rates and thresholds are sourced from HMRC and GOV.UK and are updated for the current tax year. Always verify results with HMRC or consult a qualified professional before making financial decisions.

How It Works

Student loan repayments are collected through PAYE alongside tax and NI. You repay 9% of income above your plan's threshold (6% for Postgraduate Loans). For 2025/26: Plan 1 threshold is £24,990, Plan 2 is £27,295, Plan 4 (Scotland) is £31,395, and Plan 5 is £25,000.

Repayments are calculated per pay period, not annually. If you are on multiple plans, you repay each one separately. For example, if you have a Plan 2 loan and a Postgraduate Loan, you pay 9% on income above £27,295 for Plan 2, plus 6% above £21,000 for the Postgraduate Loan.

Remaining balances are written off after a set period: 25 years for Plan 1, 30 years for Plans 2 and 4, and 40 years for Plan 5. Interest is charged at RPI plus up to 3% depending on income and plan type.

Example: £32,000 salary, Plan 2 loan

Income above threshold: £32,000 − £27,295 = £4,705
Annual repayment: £4,705 × 9% = £423.45
Monthly deduction: £35.29

Source: GOV.UK — Student loan repayment rates

Frequently Asked Questions

What are the student loan repayment thresholds for 2025/26?: Plan 1: £24,990 per year. Plan 2: £27,295 per year. Plan 4 (Scotland): £31,395 per year. Plan 5 (from 2023): £25,000 per year. Postgraduate Loan: £21,000 per year. You repay 9% of income above these thresholds (6% for Postgraduate Loans).
When is my student loan written off?: Plan 1: 25 years after the April you were first due to repay, or when you turn 65. Plan 2: 30 years after the April you were first due to repay. Plan 4: 30 years or age 65. Plan 5: 40 years.