Student Loans - Collection
Student Loan Earnings Threshold & Repayment Rate (Plan 1)
From 6th April 2000
Date from COPYRIGHT © 2021 THE CHARTERED INSTITUTE OF PAYROLL PROFESSIONALS Annual £ Monthly £ Weekly £ Repayment Rate % 06/04/2000 06/04/2005 10,000 15,000 833 192 288 9 9 1,250 06/04/2012 06/04/2013 15,795 16,365 1,316.25 1,363.75 303.75 314.71 9 9 06/04/2014 06/04/2015 16,910 17,335 1,409.16 1,444.00 325.19 333.00 9 9 06/04/2016 06/04/2017 17,495 17,775 1,457.00 1,481.25 336.00 341.00 9 9 06/04/2018 06/04/2019 18,330 18,935 1,527.00 1,577.92 352.00 364.14 9 9 06/04/2020 06/04/2021 19,390 19,895 1,615.83 1.657.91 372.88 382.59 9 9 Student Loan Earnings Threshold & Repayment Rate (Plan 2)¹
From 6th April 2016
¹Plan 2 is not applicable in Scotland
Annual £ No printing, copying or reproduction permitted. Monthly £ Weekly £ Repayment Rate % 21,000 25,000 1,750.00 2,083.00 403.00 480.00 9 9 25,725 26,575 2,143.75 2,214.58 494.71 511.06 9 9 27,295 2,274.58 524.90 9
Date from
06/04/2016 06/04/2018 06/04/2019 06/04/2020 06/04/2021
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