Change of https://www.gov.uk/guidance/previous-annual-repayment-thresholds

Change description : 2026-04-06 00:01:00: Annual update to thresholds. [Guidance and regulation]

Showing diff : 2025-04-05 23:52:48.836235116 +00:00..2026-04-05 23:05:46.170807345 +00:00

Guidance

Previous annual repayment thresholds

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

From:
Student Loans Company
Published
13 August 2019
Last updated
6 April 20252026 — See all updates

Previous annual repayment thresholds

Plan 1

Dates Annual repayment threshold
6 April 2000 to 5 April 2005 £10,000
6 April 2005 to 5 April 2012 £15,000
6 April 2012 to 5 April 2013 £15,795
6 April 2013 to 5 April 2014 £16,365
6 April 2014 to 5 April 2015 £16,910
6 April 2015 to 5 April 2016 £17,335
6 April 2016 to 5 April 2017 £17,495
6 April 2017 to 5 April 2018 £17,775
6 April 2018 to 5 April 2019 £18,330
6 April 2019 to 5 April 2020 £18,935
6 April 2020 to 5 April 2021 £19,390
6 April 2021 to 5 April 2022 £19,895
6 April 2022 to 5 April 2023 £20,195
6 April 2023 to 5 April 2024 £22,015
6 April 2024 to 5 April 2025 £24,990
6 April 2025 to 5 April 2026£26,065

Plan 2

Dates Annual repayment threshold
6 April 2016 to 5 April 2018 £21,000
6 April 2018 to 5 April 2019 £25,000
6 April 2019 to 5 April 2020 £25,725
6 April 2020 to 5 April 2021 £26,575
6 April 2021 to 5 April 2025 £27,295
6 April 2025 to 5 April 2026£28,470

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 £25,000
6 April 2022 to 5 April 2023 £25,375
6 April 2023 to 5 April 2024 £27,660
6 April 2024 to 5 April 2025 £31,395
6 April 2025 to 5 April 2026£32,745

Postgraduate Loan

Dates Annual repayment threshold
6 April 2019 to 5 April 20252026 £21,000

Updates to this page

Published 13 August 2019
Last updated 6 April 20252026 + show all updates

  2. Updated for 25/26

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Contents

Update history

2026-04-06 00:01
Annual update to thresholds.

2025-04-06 00:30
Updated for 25/26

2024-04-23 10:14
Previous thresholds have been updated

2024-04-18 10:29
Previous thresholds table has been updated

2023-04-06 11:58
Plan 1 and Plan 4 previous repayment thresholds have been updated

2023-01-12 17:21
Page has been updated to include information on Postgraduate Loans and Plan 4 loans.