You repay a percentage of everything you earn above the threshold for your plan. Results update as you type.
Not sure which plan? It depends on where and when you started studying. England/Wales courses from Aug 2023 are usually Plan 5.
Postgrad loans repay above , on top of your main plan.
Used to estimate how long mandatory repayments would take (interest ignored - illustrative).
Student loan repayment
per year · a month
No repayment due
Your salary is below the threshold (), so nothing is collected this year.
You repay of the you earn above , plus your postgrad loan.
Illustrative payoff
At /yr, a balance would take about (ignoring interest).
Estimate only. Repayments are normally collected via PAYE and depend on monthly pay.
How much you'd repay per year at salaries from £0 to £120k on your current plan.
| Plan | Threshold | Rate | Per year | Per month |
|---|---|---|---|---|
Postgraduate Loan repayments run in addition to an undergraduate plan, not instead of it.
| Scenario | Salary | Per year | Per month | |
|---|---|---|---|---|
Student Loan Repayment Calculator by TaxFly — free UK tax calculators