Tax & pay · 2026/27

Student loan repayment calculator UK 2026/27

Estimate 2026/27 repayments for Student Loan Plans 1, 2, 4 and 5, plus postgraduate loans. See annual deductions and the monthly average.

Enter your figures

Your estimate

Annual repayment estimate

£955.35
Monthly average£79.61
Undergraduate repayment£955.35
Postgraduate repayment£0.00

2026/27 annual estimate for UK payroll with steady earnings. Select the plan shown on your Student Loans Company account. Postgraduate repayment can apply alongside an undergraduate plan. Excludes overseas thresholds and loan-balance caps; payroll rounding differs.

How the student loan repayment calculator uk 2026/27 works

9% above the selected undergraduate threshold, plus 6% above £21,000 if a postgraduate loan applies.

UK data and rules

2026/27 data · Checked 16 October 2026. Rules are a dated snapshot, not a live feed.

Read about data coverage and updates

Worked example: student loan repayments

This illustration uses the calculator’s example inputs. It is not a quote or a recommended financial decision.

Annual gross income (£)
40,000
Undergraduate loan plan
Plan 2
Postgraduate loan
No

Annual repayment estimate: £955.35

9% above the selected undergraduate threshold, plus 6% above £21,000 if a postgraduate loan applies.

Student loan repayments: questions answered

Can undergraduate and postgraduate deductions apply together?

Yes. If you have both kinds of loan, undergraduate repayments and postgraduate repayments can apply at the same time above their separate earnings thresholds. Select both when relevant.

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Using your result

Example inputs are a starting point. Replace them with your figures and select Calculate result. Results are rounded for display; calculations use unrounded values.

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