Student Loan Recovery 2022-23

Plan 1

Employee Earnings threshold at which the
repayment of the student loan begins
£388.36 pw
£1,682.91 pm
£20,195.00 py
Rate of deduction9%

Plan 2

Employee Earnings threshold at which the
repayment of the student loan begins
£525.90 pw
£2,274.58 pm
£27,295.00 py
Rate of deduction9%

Plan 4

Employee Earnings threshold at which the
repayment of the student loan begins
£487.98 pw
£2,114.58 pm
£25,375.00 py
Rate of deduction9%

Postgraduate Loan

Employee Earnings threshold at which the
repayment of the student loan begins
£403.84 pw
£1,750.00 pm
£21,000.00 py
Rate of deduction6%