Student Loan Repayment FAQs - Common Questions Answered
Answers to the most common questions about student loan repayments, including thresholds, calculations, and overseas repayments.
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Why Trust These Repayments FAQs?
- Based on official UK loan plans
- Calculators built by financial experts
- Answer verified with official sources
Repayments Frequently Asked Questions
When do I start repaying my student loan?
You start repaying your student loan from the April after you graduate or leave your course, but only if your income is above the repayment threshold for your loan plan.
Source: Student Finance England
Learn more: Read our detailed guide
How much will I repay each month?
You repay 9% of your income above the repayment threshold. For example, if you earn £30,000 with a Plan 2 loan (threshold £27,295), you'll repay 9% of £2,705, which is about £20 per month.
Source: Student Finance England
Do I still need to repay if I move abroad?
Yes, you still need to repay your student loan if you move overseas. The repayment threshold will be adjusted based on the cost of living in your new country of residence.
Source: Student Loan Company
Disclaimer:
This guide provides general information based on current student finance policies. Individual circumstances may vary. The information was accurate at the time of publication but is subject to change.
Related Resources
Sources & References
- 1.Student Loan Repayment
GOV.UK
- 2.Repayment Thresholds
Student Finance England
- 3.
Our content is based on the latest information from official UK government sources. The calculators use current repayment thresholds and interest rates as defined by Student Finance England and equivalent bodies.