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Income Threshold Alert Calculator

Find out when your salary growth will trigger student loan repayments

Plan Ahead

If you are currently below the repayment threshold, this calculator helps you anticipate when your growing salary will trigger student loan repayments.

£
Below threshold ✓73% of threshold

Threshold: £27,295 | Rate: 9.0%

%

Typical UK salary growth: 2-5% per year

years

Threshold Alert

Currently No Repayments

Your salary is £7,295 below the threshold

Repayments Will Start In

2032

In 7 years (approx 77 months)

Your Salary at That Time

£28,142

Growth from current: +£8,142

Initial Monthly Repayment

£6

9.0% of income above threshold

Payment Timeline

Now

2025

Start

2032

7 years until repayments begin

Compare All Plan Thresholds

Plan 1

£22,015

Pre-2012 England/Wales or Northern Ireland

Your salary:Below ✓
Need: £2,015 more
Rate: 9.0%

Plan 2

Selected

£27,295

2012-2023 England/Wales

Your salary:Below ✓
Need: £7,295 more
Rate: 9.0%

Plan 4

£31,395

Scotland

Your salary:Below ✓
Need: £11,395 more
Rate: 9.0%

Plan 5

£25,000

2023+ England/Wales

Your salary:Below ✓
Need: £5,000 more
Rate: 9.0%

Postgraduate

£21,000

Master's/PhD loans

Your salary:Below ✓
Need: £1,000 more
Rate: 6.0%

Key Insights

Plan Ahead

Knowing when repayments will start helps you budget effectively. Set aside funds in advance to avoid surprises.

Gradual Impact

Initial repayments are typically small. As your salary grows, repayments increase proportionally at 9.0%.

Thresholds Change

Government updates thresholds periodically. Check the latest figures annually to ensure accuracy in your planning.

Ready to Plan Your Finances?

Explore our other calculators to understand the complete picture of your student loan repayments

Disclaimer: This calculator provides estimates based on assumed salary growth. Actual repayments depend on real income changes, threshold updates, and employment status. Always verify current thresholds with the Student Loans Company or gov.uk.