Student Loan Repayment Guide 2026/27

Repaying your student loan works more like a tax than a traditional loan. Your repayments are based on what you earn, not what you owe.

Repayment Plans

• Plan 1: For those who started before Sept 2012. Repay 9% over £22,015.
• Plan 2: For those who started between 2012 and 2023. Repay 9% over £27,295.
• Plan 5: For those starting from Sept 2023. Repay 9% over £25,000.
• Postgraduate: Repay 6% over £21,000.