UK Student Loan Repayment Calculator
UK Student Loan Repayment
Free UK student loan repayment calculator
£
Formula
Repayment = (Salary - Threshold) × 9% (or 6% for postgrad)
Frequently Asked Questions
When do I start repaying my student loan?
You repay 9% (6% for postgrad) of income above the threshold. Plan 2: £27,295/year. Deducted via PAYE from your salary.
What is the difference between Plan 1 and Plan 2?
Plan 1 (pre-2012): threshold £24,990, written off after 25 years. Plan 2 (post-2012): threshold £27,295, written off after 30 years.
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