Student loans thresholds, rates and loan start notices

The new student loan plan and postgraduate loan thresholds and rates from 6 April 2025 are as follows:

• plan 1: £26,065

• plan 2: £28,470

• plan 4: £32,745

• postgraduate loan: £21,000

  
  

Deductions for plan types are as follows:

• plans 1, 2 and 4 remain at 9% for any earnings above the respective thresholds

• postgraduate loan remains at 6% for any earnings above the respective threshold

HMRC student loan guidance has now been updated with the new thresholds

If we are at Amin & Co Accountants managing and dealing your payroll or on behalf of your employer these notices will update in your payroll record in due course of time.