£42
- Repayments per year
- £504
- Undergraduate plan per year
- £504
- Postgraduate Loan per year
- £0
- Threshold per payslip
- £2,448.75
- Each payslip is worked out on its own and rounded down to the pound, so a bonus month can trigger a repayment even if your yearly pay is under the threshold (you can ask for a refund).
- If you have more than one undergraduate plan, the plan with the lowest threshold is collected first, at 9% of pay over that threshold.
- Repayments are worked out on pay that counts for National Insurance, so salary sacrifice lowers them.
Student loan repayment: £42 per month (2026/27)
Show the breakdown
| Line | Per month | Year |
|---|---|---|
| Earnings | £2,917 | £35,000 |
| Plan 2: 9% over £2,448.75 a month | £42 | £504 |
| Total repayments | £42 | £504 |
Calculator by CalcBloc · rates from official sources, checked 2026-10-17.