Student Maintenance Loan Calculator

Estimate your maintenance loan based on household income and living situation. England 2025/26 rates.

Last updated: April 2026 · Source: GOV.UK — Student finance for new full-time students

£

Estimated Maintenance Loan

£8,256.08/year

£2,752.03/term · £211.69/week

Maximum Loan

£10,544.00

Income under £25K

Minimum Loan

£4,767.00

Income over £62K

England rates 2025/26. Scotland, Wales and NI have different rates. Loan reduces as household income rises above £25,000. Apply via Student Finance England.

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

The maintenance loan helps cover living costs while studying. For 2025/26, the maximum loan depends on where you live and study: up to £13,022 if living away from home in London, £9,978 if living away outside London and £8,400 if living with parents. Final-year students receive slightly less.

The loan is means-tested on household income. Students from households earning £25,000 or below receive the full amount. Above this, the loan is reduced gradually — the taper rate is roughly £1 less for every £5.84 of household income above £25,000. The minimum loan (for the highest earners) is £4,767 regardless of income.

Enter your household income, where you plan to live and your year of study. The calculator applies the correct taper rate and shows your estimated annual and termly loan amount. Scottish, Welsh and Northern Irish students have separate systems and should use the appropriate devolved calculator.

Example: Household income £40,000, living away from home outside London

  1. Maximum loan: £9,978
  2. Income above threshold: £40,000 − £25,000 = £15,000
  3. Reduction: £15,000 ÷ £5.84 ≈ £2,568
  4. Estimated loan: £9,978 − £2,568 = £7,410/year
  5. Per term (3 terms): ~£2,470

Source: GOV.UK — Student finance for new full-time students

Frequently Asked Questions

What does the Student Maintenance Loan Calculator do?
Estimate your maintenance loan based on household income and living situation. England 2025/26 rates. All calculations are performed in your browser using official UK rates and thresholds.
Is this based on current student finance rates?
Yes. This calculator uses Student Loans Company rates and thresholds for the 2025/26 academic and financial year. Thresholds and interest rates are updated annually.
Which student loan plan am I on?
Plan 1 applies if you started before September 2012 (England/Wales) or are from Northern Ireland. Plan 2 applies from September 2012 in England/Wales. Plan 4 is for Scotland. Plan 5 applies from September 2023.