Student Loan Recovery 2024-25

Plan 1

Employee Earnings threshold at which the
repayment of the student loan begins
£480.57 pw
£2,082.50 pm
£24,990.00 py
Rate of deduction9%

Plan 2

Employee Earnings threshold at which the
repayment of the student loan begins
£524.90 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
£603.75 pw
£2,616.25 pm
£31,395.00 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%