Student Loan Repayment Calculator 2026/27
See how much comes out of your pay for Plan 1, 2, 4 and 5 student loans and postgraduate loans, and what you take home after it.
2026/27 rates · verified 11 October 2026
Pension, student loan and tax code options
Auto-enrolment minimum is 5% from you (including tax relief), usually on qualifying earnings.
Estimate for the whole 2026/27 tax year (6 April 2026 to 5 April 2027). Monthly and weekly figures are the yearly amount divided by 12 and 52.
Student loan thresholds 2026/27
| Loan | Who has it | Yearly threshold | Monthly | Rate |
|---|---|---|---|---|
| Plan 1 | England and Wales before September 2012; Northern Ireland | £26,900 | £2,241.66 | 9% |
| Plan 2 | England, September 2012 to July 2023; Wales, from September 2012 | £29,385 | £2,448.75 | 9% |
| Plan 4 | Scotland | £33,795 | £2,816.25 | 9% |
| Plan 5 | England only, courses from August 2023 | £25,000 | £2,083.33 | 9% |
| Postgraduate loan | Master's or doctoral loan | £21,000 | £1,750 | 6% |
Repayments on common salaries
| Salary | Plan 1 | Plan 2 | Plan 4 | Plan 5 | Postgraduate |
|---|---|---|---|---|---|
| £25,000 | £0 | £0 | £0 | £0 | £240 |
| £30,000 | £279 | £55 | £0 | £450 | £540 |
| £35,000 | £729 | £505 | £108 | £900 | £840 |
| £40,000 | £1,179 | £955 | £558 | £1,350 | £1,140 |
| £45,000 | £1,629 | £1,405 | £1,008 | £1,800 | £1,440 |
| £50,000 | £2,079 | £1,855 | £1,458 | £2,250 | £1,740 |
| £60,000 | £2,979 | £2,755 | £2,358 | £3,150 | £2,340 |
| £80,000 | £4,779 | £4,555 | £4,158 | £4,950 | £3,540 |
Yearly repayments. In practice they're taken each pay period, so a month with a bonus can mean a bigger deduction.
Frequently asked questions
How much student loan will I repay?
9% of your income above your plan's threshold: £26,900 for Plan 1, £29,385 for Plan 2, £33,795 for Plan 4 and £25,000 for Plan 5. Postgraduate loans are 6% above £21,000. On a £35,000 salary, a Plan 2 borrower repays £505.35 a year.
Which student loan plan am I on?
Plan 1: started in England or Wales before September 2012, or in Northern Ireland. Plan 2: England from September 2012 to July 2023, or Wales from September 2012. Plan 4: Scotland. Plan 5: England only, from August 2023. Check in your online student loan account if unsure.
Do I repay two plans at once?
If you have two undergraduate plans, you repay 9% above the lower threshold, shared between them. A postgraduate loan is repaid on top, at 6% above £21,000.
Does salary sacrifice reduce student loan repayments?
Yes. Repayments are based on your pay after salary sacrifice, so sacrificing into a pension lowers them. Relief at source and net pay pensions don't.
When is a student loan written off?
It depends on the plan: generally 25 years after first repayment for Plan 1 (or age 65 for older loans), 30 years for Plan 2 and Plan 4 (Plan 4 can be earlier), and 40 years for Plan 5.
Related calculators
All rates, thresholds and dates on this page come from official sources, including GOV.UK, HM Revenue and Customs, the Scottish Government, Revenue Scotland and the Welsh Government, and the Student Loans Company. Last verified 11 October 2026.