UK pay guide

UK student loan deductions explained

Student-loan repayments are normally deducted through PAYE once your pay exceeds the threshold for your plan.

In short

Your plan type, pay period and earnings determine the deduction. A postgraduate loan can be deducted alongside an undergraduate plan.

Plan type matters

Plan 1, 2, 4 and 5 have different thresholds. Your employer uses the plan information provided by HMRC or shown on the starter checklist; ask payroll if you think the wrong plan is being used.

Payroll uses each pay period

PAYE deductions are worked out from weekly or monthly pay rather than by simply dividing an annual total. Variable hours, overtime or a bonus can therefore make one month's deduction higher.

Repaying more than required

Payroll deductions stop when the Student Loans Company tells your employer to stop. If you are close to clearing a balance, contact the Student Loans Company before making voluntary overpayments or changing payment method.

Use the student loan repayment calculator for an estimate. Check the official repayment guidance for your plan and current thresholds.