Find out exactly when your student loan repayments will begin based on your graduation date and salary
Repayments typically begin in April following graduation, but only if your income exceeds the threshold.
Your starting or current annual salary
Threshold: £27,295 | Rate: 9.0%
Typical UK growth: 3-5% per year
Graduation Date
June 2024
Repayments Will Start
Your salary exceeds the repayment threshold
Repayment Start Date
March 2029
4.8 years after graduation
Time Until Repayments Start
40 months
Approximately 3.3 years from now
Your Salary at Repayment Start
£27,352
£56.997 above threshold
Initial Monthly Repayment
£0
9.0% of income above threshold
Key Information
Repayments begin in the April after you finish your course, giving you time to find employment and start earning.
You only start repaying when your income exceeds the threshold for your plan. Below that, you pay nothing.
Repayments are automatically deducted through PAYE if employed, or paid through Self Assessment if self-employed.
If your income drops below the threshold, repayments stop automatically. They resume when income rises again.
Repayments still begin in the April following your graduation, regardless of which month you finish your course. This gives you time to find work.
Your employer will automatically set up repayments through PAYE once you start earning above the threshold. You do not need to take any action.
You will not make any repayments until your income exceeds the threshold. Even £1 below means zero repayments.
Yes, the government reviews thresholds periodically. Recent years have seen some thresholds frozen, but they may increase with inflation in future.
Explore our other calculators to understand your complete student loan picture
Note: This calculator provides estimates based on typical repayment schedules and salary growth assumptions. Actual start dates depend on your specific circumstances and HMRC processing. Always verify with the Student Loans Company for official information.