Student Loans

The student loan income threshold is currently:

  • £18,330 (Plan 1) 
  • £25,000 (Plan 2)

These will increase from 1 April 2019 to: 

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

Student loans are deducted at a rate of 9%.  

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:  24 October 2018

 

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