Calculate Loan Repayments
You only start to pay back your student loan when you earn over £25,000. You pay back 9% of anything you earn over this amount. If your earnings ever drop below this amount repayments stop. After 40 years, any outstanding debt is written off, and it can never be passed on to a family member.
Use the slider below to estimate how much you might pay back per month.*
Your Income
£0
£16,000
£45,000
Your gross monthly income will be
£1333
Your monthly repayment will be
£0
*To find out the most up to date information about student loans repayment search The Student Loans Company.
