Student Loan Repayments
Student Loan Repayments are calculated differently depending on when you started your course and where you live in the United Kingdom.
For undergraduates that started their course after 1st September 2012 in England and Wales you will be on Plan 2 and if you started your course before 1st September 2012 you will be on Plan 1.
Undergraduates or Postgraduates in Northern Ireland who started their course on or after 1st September 1998 you will be on Plan 1.
For Undergraduates or Postgraduates in Scotland who started their course on or after 1st September 1998 you will be on Plan 4.
You can learn more from the Student Loan Repayments website.
| Plan | Threshold |
|---|---|
| Plan 1 (9%) | Over £20,184 |
| Plan 2 (9%) | Over £27,288 |
| Plan 4 (9%) | Over £25,386 |
| Postgraduate (6%) | Over £21,000 |
Calculate your student loan repayments by choosing either Plan 1, Plan 2, Plan 4 or Postgraduate on the Take Home Calculator. Each student loan plan has a repayment threshold so depending on what plan applies to you the result may show nil, however, if your take home pay is greater than the threshold we will calculate the amount that will be deducted from your take home pay.