Student Loan Calculator
Estimate your UK student loan repayments for Plan 2 and Plan 5 (England). 9% of your income above the threshold is repaid each year via PAYE.
Thresholds for England 2025/26. Check gov.uk for your plan.
How student loan repayments work (England)
If you have a Plan 2 or Plan 5 loan (England), you pay 9% of your income above the threshold. The threshold is set each tax year. Repayments are collected through PAYE by your employer, so the amount is based on your salary (and other taxable income). If you earn below the threshold, you do not repay that year. Loan balances may be written off after a set period; check Student Loans Company and gov.uk for your plan.
This calculator uses the 2025/26 thresholds for England. Thresholds for Plan 1 (e.g. Scotland, Northern Ireland) and Plan 4 (Wales) differ; use our Student Finance Calculator for more plans.
Frequently asked questions
How are repayments calculated?
You pay 9% of your income above the annual threshold for your plan. So if the threshold is £28,470 and you earn £32,000, you pay 9% of £3,530 = £317.70 per year.
When do I start repaying?
You start in the April after you leave your course, and only when your income is above the threshold. Your employer deducts it through PAYE.
Where can I check my plan and balance?
Log in to your account at the gov.uk student loan repayment pages or contact the Student Loans Company.
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