Student loan repayment calculator 2026/27
See how much of your salary goes to student loan repayments. Choose your plan and enter your salary to get monthly and annual repayment figures alongside tax and National Insurance.
Calculate your repayments →Repayment thresholds 2026/27
| Plan | Annual threshold | Rate above threshold |
|---|---|---|
| Plan 1 | £26,900 | 9% |
| Plan 2 | £29,385 | 9% |
| Plan 4 (Scotland) | £33,795 | 9% |
| Plan 5 | £25,000 | 9% |
| Postgraduate | £21,000 | 6% |
You repay only on income above your plan's threshold. Repayments are collected through PAYE alongside tax and NI, or through Self Assessment if you are self-employed.
Frequently asked questions
How much do I repay on my student loan?
You repay 9% of income above your plan's threshold (6% for Postgraduate loans). For example, on Plan 2 earning £35,000, you repay 9% of £5,615 — about £42 a month.
Which student loan plan am I on?
Broadly: Plan 1 for pre-2012 English/Welsh students, Plan 2 for 2012–2022 in England/Wales, Plan 4 for Scottish students, Plan 5 for English students starting from August 2023, and the Postgraduate plan for Masters/PhD loans.
Can I pay on two plans at once?
Yes — a Postgraduate loan is repaid at 6% at the same time as 9% on an undergraduate plan, giving a combined 15% on income above both thresholds.