Student Loan Repayment Thresholds 2026/27
How much you repay on Plan 1, 2, 4, 5 and Postgraduate Loans in 2026/27, with examples.
Student loan repayments are taken through payroll once your income goes over your plan's threshold. You repay a percentage of the amount over the threshold, not of your whole salary.
| Plan | Annual threshold | Rate |
|---|---|---|
| Plan 1 | £26,900 | 9% |
| Plan 2 | £29,385 | 9% |
| Plan 4 (Scotland) | £33,795 | 9% |
| Plan 5 | £25,000 | 9% |
| Postgraduate Loan | £21,000 | 6% |
Example
On a £35,000 salary with a Plan 2 loan you repay 9% of (£35,000 − £29,385) = £505.35 a year, or about £42 a month.
Which plan am I on?
- Plan 1 — started in England or Wales before September 2012, or from Northern Ireland.
- Plan 2 — started in England or Wales between September 2012 and July 2023.
- Plan 4 — student from Scotland.
- Plan 5 — started in England on or after 1 August 2023.
Add your plan in the salary calculator to see your exact take-home pay.