Skip to main content

Student Loan Repayment Calculator

Estimate your student loan deductions using the official 2026/27 payroll thresholds.

Last updated: 

Calculate Your Repayments

Estimate your 2026/27 deductions using the official monthly and weekly payroll thresholds.

£

Your course year alone does not reliably identify your plan. Check your Student Loans Company account or payslip if you are unsure.

Estimated Monthly Repayment

£0.00

Waiting for details...

Weekly

£0.00

Annual estimate

£0.00

Student loan thresholds for 2026/27

The annual repayment thresholds are £26,900 for Plan 1, £29,385 for Plan 2, £33,795 for Plan 4 and £25,000 for Plan 5. Each undergraduate plan deducts 9% of earnings above its threshold.

A postgraduate loan is deducted separately at 6% of earnings above £21,000, so you can repay a postgraduate loan at the same time as one undergraduate plan.

Why this is an estimate

Employers calculate student loan deductions from the earnings and threshold for each individual pay period, then round each deduction down to a whole pound. This tool assumes your annual salary is paid evenly. Bonuses, overtime, changing pay and multiple jobs can make actual deductions different.

Your course start year does not identify your plan on its own because the rules also depend on which UK student-finance body funded you. Check your Student Loans Company account or payslip if you are unsure.

FAQ

Frequently Asked Questions

What are the 2026/27 student loan thresholds? +
Plan 1 is £26,900, Plan 2 is £29,385, Plan 4 is £33,795 and Plan 5 is £25,000. Undergraduate-plan deductions are 9% above the relevant threshold. The postgraduate-loan threshold is £21,000 and its deduction rate is 6%.
Can I repay an undergraduate and postgraduate loan together? +
Yes. Payroll can deduct one undergraduate plan and a postgraduate loan at the same time. The two deductions use their own thresholds and rates.

Official sources