Frequently asked questions
When do I start repaying my student loan?
Repayments start the April after you finish or leave your course, and only when your income is over your plan's threshold. In 2026/27 that's £26,900 (Plan 1), £29,385 (Plan 2), £33,795 (Plan 4), £25,000 (Plan 5) and £21,000 for postgraduate loans.
How much will I repay?
9% of everything you earn over the threshold (6% for postgraduate loans), taken through your payslip. If you have a postgraduate loan as well as an undergraduate loan, you repay both at the same time.
Which plan am I on?
Plan 1: started in England or Wales before September 2012, or any time in Northern Ireland. Plan 2: started in England or Wales between September 2012 and July 2023. Plan 4: Scotland. Plan 5: started in England from August 2023. Check your Student Loans Company account if unsure.