UK Student Loan Repayment Calculator

There are five main student loan plans in the UK. Plan 1 is for students who started before September 2012 in England/Wales or any time in Northern Ireland. Plan 2 is for English/Welsh students who started between 2012 and 2023. Plan 4 is for Scottish students. Plan 5 is for English/Welsh students starting from 2023. Postgraduate Loan covers master's and doctoral loans. You may have multiple plans if you studied at different levels.

Repayments are calculated as a percentage of your income above a threshold, not on the total loan balance. Plans 1, 2, 4, and 5 charge 9% on income above the relevant threshold. The Postgraduate Loan charges 6% above its threshold. If your income is below the threshold, you make no repayments regardless of the loan balance.

For 2025/26: Plan 1 threshold is £26,065; Plan 2 threshold is £28,470; Plan 4 (Scotland) threshold is £32,745; Plan 5 threshold is £25,000; Postgraduate Loan threshold is £21,000. Only income above these figures is subject to repayment. If you have multiple plans, each has its own threshold and is calculated independently.