STUDENT LOANS · 2026/27
Student loan repayment calculator
Estimate payroll deductions for your repayment plan and salary.
Estimated deduction this payslip
£117
- Main-plan deduction
- £117
- Postgraduate deduction
- £0
- Annualised deduction if pay stays level
- £1,404
- Annualised gross pay
- £45,000
Uses the 2026/27 threshold for the selected pay period and rounds each calculated loan deduction down to whole pounds. Bonuses and uneven pay can make annualised figures differ.
SOURCES & REVIEW
Checked against official guidance
Last checked 14 July 2026 · Rule version GB-2026.27.1
GOV.UK: What you repay ↗COMMON QUESTIONS
Frequently asked questions
Which student loan plan am I on?
Your plan depends mainly on where and when you studied. GOV.UK provides a plan checker.
Are repayments based on the original balance?
Payroll deductions are based on income above the plan threshold, not the outstanding balance.