Student Loan Repayment Calculator
Student loan repayments are 9% of earnings above your plan's threshold. On Plan 2, that is 9% of everything you earn above £28,470.
Once you are working and earning above a certain threshold, student loan repayments are automatically deducted from your pay. How much you repay depends on your salary and which repayment plan you are on.
Use this calculator to see exactly how much will come out of your pay each month.
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What this calculator does
This calculator shows your monthly and annual student loan repayment based on your salary and loan plan type. It factors in pension salary sacrifice which can reduce your repayable income.
Who it is for
Graduates who want to understand their student loan repayments, employees checking their payslip deductions, or anyone planning their finances and wanting to know the impact of student loan repayments on their take-home pay.
How to use it
Enter your salary (annual, monthly, or weekly), select your loan plan type, add any pension salary sacrifice percentage, and click 'See My Result' for a detailed breakdown.
How the calculation works
Student loan repayments are calculated as a percentage of your earnings above the relevant plan threshold. The percentage is 9% for Plans 1, 2, 4, and 5, and 6% for postgraduate loans. Pension salary sacrifice is deducted from your salary before calculating the repayment.
Worked example
On a £35,000 salary with Plan 2: Threshold = £28,470. Amount above threshold = £6,530. Annual repayment = £6,530 × 9% = £588. Monthly repayment = £49.
Assumptions and limitations
- Uses 2025/26 thresholds and rates
- Assumes earnings are consistent throughout the year
- Does not account for voluntary overpayments
- Repayments are calculated before tax but after pension salary sacrifice
- If you have multiple loan plans, repayments for each are calculated separately
Frequently asked questions
How much student loan will I repay on a £35,000 salary?
On Plan 2 with a £35,000 salary, you would repay approximately £49 per month (£588 per year). This is 9% of earnings above the £28,470 threshold.
When do I start repaying my student loan?
You start repaying in the April after you leave your course, but only if you earn above the threshold for your plan type.
Which plan am I on?
Plan 1 if you started before September 2012 (England/Wales) or any time in Scotland/NI. Plan 2 if you started after September 2012 in England/Wales. Plan 4 for Scottish students. Plan 5 for students starting from August 2023.
Related calculators
- Maintenance Loan Calculator — Your maintenance loan depends on household income, where you live while studying, and whether you are in London. Maximum loans range from £8
Related guides
- How Student Loan Repayments Work in the UK — Everything you need to know about student loan repayments: thresholds, rates, plan types, and how much you will actually repay each month.
Sources and references
Student Loans Company repayment thresholds 2025/26 (https://www.gov.uk/repaying-your-student-loan), HMRC student loan deduction rates (https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2025-to-2026)
Last updated
Last reviewed: 2025-04-06.