Student Loans

The student loan income threshold is currently:

  • £18,935 (Plan 1)
  • £25,725 (Plan 2)

Student loans are deducted at a rate of 9%.  

  • Postgraduate Loan (PGL) – £21,000

PGL repayments are deducted at a rate of 6%.

If your employee doesn’t know what plan type they are on, then they need to contact:

The Student Loan Company on 0300 100 0607

Last updated: 9 October 2019

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