Student Loan Repayment Calculator (UK)
Use this calculator to estimate your monthly student loan deductions and how long is left on each loan - or when it will be written off. Add every plan you have (Plan 1, Plan 2, Plan 4, Plan 5, Postgraduate) and enter your current annual pay.
Who this applies to (UK):
- Plan 1 - older England/Wales loans (started before Sep 2012) and most Northern Ireland loans.
- Plan 2 - England/Wales undergrad (started Sep 2012–Jul 2023) and many short-course loans.
- Plan 4 - Scotland (undergraduate and many postgraduate borrowers are on Plan 4).
- Plan 5 - England/Wales undergrad starting on or after 1 Aug 2023 (PGCE/Advanced Learner Loan too).
- Postgraduate (PGL) - England/Wales Master’s or Doctoral loans.
You can’t choose your plan - it’s based on where you applied and when your course started.
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England (Student Finance England)
- Plan 5: Undergrad / PGCE / Advanced Learner Loan if your course started on or after 1 Aug 2023.
- Plan 2: Undergrad / PGCE / Advanced Learner / Short Course if your course started 1 Sep 2012 – 31 Jul 2023.
- Postgraduate (PGL): Master’s or Doctoral loan.
- Plan 1: if your course started before 1 Sep 2012.
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Wales (Student Finance Wales)
- Plan 2: Undergrad / PGCE from 1 Sep 2012 onwards.
- Postgraduate (PGL): Master’s or Doctoral loan.
- Plan 1: if your course started before 1 Sep 2012.
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Scotland (SAAS)
- Plan 4: most undergraduate and postgraduate borrowers.
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Northern Ireland (SFNI)
- Plan 1: most undergraduate and postgraduate borrowers.
To be certain, sign in to your SLC online account and download your active plan type letter, or ask payroll which plan they’ve set for you.
How your deductions are worked out
- Undergraduate loans (Plans 1/2/4/5): payroll takes a single 9% deduction on income over the lowest threshold of the plans you hold. It shows as one “Student Loan” line on your payslip.
- Postgraduate loan (PGL): taken alongside at 6% on income over the PGL threshold (usually a separate payslip line).
- Plan 5 timing: Plan 5 deductions start from April 2026. Before then, only Plans 1/2/4 (and PGL if you have it) are deducted.
- PAYE rounding: each deduction is rounded down to the nearest £ every pay period — we mirror that in the monthly figures.
When loans are written off (typical)
- Plan 1: 25 years from the first April you were due to repay (older loans can be at age 65).
- Plan 2: 30 years;
- Plan 4: 30 years (some older Scottish loans: earlier of 30 years or age 65).
- Plan 5: 40 years;
- Postgraduate: 30 years.
Tip: Add the “First April in repayment (YYYY)” for each plan so we can show a write-off date even if you’re under the threshold today.