STUDENT LOAN RECOVERY
2025-26
2026-27
Plan 1
£26,065 pa £26,900pa £2,172.08 pm £2,241.66 pm £501.25 pw £517.30 pw
Employee earnings threshold at which repayment of Student Loan begins
Rate of deduction
9%
9%
Plan 2
£28,470pa £29,385pa £2,372.50 pm £2,448.75 pm £547.50 pw £565.10 pw
Employee earnings threshold at which repayment of Student Loan begins
Rate of deduction
9%
9%
Plan 4
£32,745pa £33,795pa £2,728.75 pm £2,816.25 pm £629.71 pw £649.90 pw
Employee earnings threshold at which repayment of Student Loan begins
Rate of deduction
9%
9%
Plan 5
£25,000pa £2,083.33 pm £480.76pw
Employee earnings threshold at which repayment of Student Loan begins
Rate of deduction
9%
For students in England starting their course after 1 August 2023. Earliest repayments begin from 6 April 2026.
Postgraduate loans
£21,000pa £21,000pa £1,750 pm £1,750 pm £403.84 pw £403.84 pw
Employee earnings threshold at which repayment of Student Loan begins
Rate of deduction
6%
6%
pa - per annum . pm - per month . pw - per week
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