Guidance

Previous annual repayment thresholds

All previous annual repayment thresholds for Plan 1, Plan 2, Plan 4 and Postgraduate student loans.

Previous annual repayment thresholds

Plan 1

Dates Annual repayment threshold
6 April 2000 to 5 April 2005 拢10,000
6 April 2005 to 5 April 2012 拢15,000
6 April 2012 to 5 April 2013 拢15,795
6 April 2013 to 5 April 2014 拢16,365
6 April 2014 to 5 April 2015 拢16,910
6 April 2015 to 5 April 2016 拢17,335
6 April 2016 to 5 April 2017 拢17,495
6 April 2017 to 5 April 2018 拢17,775
6 April 2018 to 5 April 2019 拢18,330
6 April 2019 to 5 April 2020 拢18,935
6 April 2020 to 5 April 2021 拢19,390
6 April 2021 to 5 April 2022 拢19,895
6 April 2022 to 5 April 2023 拢20,195
6 April 2023 to 5 April 2024 拢22,015

Plan 2

Dates Annual repayment threshold
6 April 2016 to 5 April 2018 拢21,000
6 April 2018 to 5 April 2019 拢25,000
6 April 2019 to 5 April 2020 拢25,725
6 April 2020 to 5 April 2021 拢26,575
6 April 2021 to 5 April 2024 拢27,295

Plan 4

Before 6 April 2021, the thresholds which applied to Plan 4 customers were the same as Plan 1.

Dates Annual repayment threshold
6 April 2021 to 5 April 2022 拢25,000
6 April 2022 to 5 April 2023 拢25,375
6 April 2023 to 5 April 2024 拢27,660

Postgraduate Loan

Dates Annual repayment threshold
6 April 2019 to 5 April 2024 拢21,000

Updates to this page

Published 13 August 2019
Last updated 23 April 2024 show all updates
  1. Previous thresholds have been updated

  2. Previous thresholds table has been updated

  3. Plan 1 and Plan 4 previous repayment thresholds have been updated

  4. Page has been updated to include information on Postgraduate Loans and Plan 4 loans.

  5. Added translation

  6. The previous annual repayment thresholds have been added for the 2020 to 2021 tax year. Information also added for Plan 4 customers

  7. Added thresholds for 2019-20

  8. Added translation

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