Calculate your total monthly repayments when you have multiple student loan plans active at the same time, such as undergraduate and postgraduate loans.
Calculate your monthly repayments for multiple student loan types.
Repayments depend on income, not balance — this field is for your records.
Like undergrad loans, repayments are based on income, not balance.
Total Monthly Repayment
£127.79
Approximately 4.4% of your monthly salary
Repayment Breakdown
Plan Loan
£27,295 threshold, 9% over threshold
£57.79
Postgraduate Loan
£21,000 threshold, 6% over threshold
£70
Annual Repayment
£1,533.45
Effective Repayment Rate
Up to 15% of income above thresholds
This is the combined percentage of your income over the various thresholds that goes toward loan repayments.
When you have both undergraduate and postgraduate loans, you'll make repayments toward both simultaneously.
The total deduction can be significant — up to 15% of your income above the respective thresholds. All repayments are automatically deducted from your salary by your employer.
Many graduates have multiple types of student loans active simultaneously, especially if they've completed both undergraduate and postgraduate studies.
When you have multiple loan plans, you repay each one simultaneously once you earn above their respective thresholds. For undergraduate loans, you pay 9% of income above the threshold, and for postgraduate loans, you pay 6% above £21,000. This means you could pay 15% of your income above certain thresholds.
Yes, many students have both Plan 2 (or Plan 5) undergraduate loans and Postgraduate loans. You'll make repayments toward both loans simultaneously through your salary.
No, all student loan repayments are automatically deducted from your salary by your employer. The Student Loans Company then allocates your payment across your different loan plans based on their respective thresholds and rates.