Guidance
Overseas earnings thresholds for Plan 4 student loans, 2025-26
Updated 1 May 2025
Applies to Scotland
© Crown copyright 2025
This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gov.uk.
Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned.
This publication is available at https://www.gov.uk/government/publications/overseas-earnings-thresholds-for-plan-4-student-loans/overseas-earnings-thresholds-for-plan-4-student-loans-2024-25
These thresholds apply to Plan 4 student loans from April 2025 until March 2026.
The fixed monthly repayment amount is how much you’ll be charged if you don’t give us the information we need.
| Country/Territory | Currency | Exchange rate | Earnings threshold (GBP) | Fixed monthly repayment (GBP) | |
|---|---|---|---|---|---|
| Afghanistan | Afghanis | 0.010752 | £6,560.00 | £40.20 | |
| Aland Islands | Euro | 0.848248 | £32,745.00 | £201.00 | |
| Albania | Leke | 0.0084 | £13,105.00 | £80.40 | |
| Algeria | Algerian Dinar | 0.005828 | £13,105.00 | £80.40 | |
| American Samoa | U.S. Dollar | 0.782044 | £39,305.00 | £241.00 | |
| Andorra | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Angola | Kwanza | 0.000893 | £13,105.00 | £80.40 | |
| Anguilla | East Caribbean Dollar | 0.289452 | £32,745.00 | £201.00 | |
| Antarctica | U.S. Dollar | 0.782044 | £32,745.00 | £201.00 | |
| Antigua and Barbuda | East Caribbean Dollar | 0.289452 | £26,205.00 | £160.80 | |
| Argentina | Argentine Peso | 0.000869 | £19,660.00 | £120.60 | |
| Armenia | Dram | 0.001993 | £13,105.00 | £80.40 | |
| Aruba | Aruban Guilder | 0.43691 | £32,745.00 | £201.00 | |
| Australia | Australian Dollar | 0.518403 | £39,305.00 | £241.00 | |
| Austria | Euro | 0.848248 | £32,745.00 | £201.00 | |
| Azerbaijan | Azerbaijanian Manat | 0.459939 | £13,105.00 | £80.40 | |
| Bahamas | Bahamian Dollar | 0.782044 | £39,305.00 | £241.00 | |
| Bahrain | Bahrain Dinar | 2.079867 | £19,660.00 | £120.60 | |
| Bangladesh | Taka | 0.006806 | £13,105.00 | £80.40 | |
| Barbados | Barbados Dollar | 0.391037 | £45,850.00 | £281.40 | |
| Belarus | Belarusian Ruble | 0.23888 | £13,105.00 | £80.40 | |
| Belgium | Euro | 0.848248 | £32,745.00 | £201.00 | |
| Belize | Belizean Dollar | 0.387342 | £19,660.00 | £120.60 | |
| Benin | CFA Franc (BEAC) | 0.001293 | £13,105.00 | £80.40 | |
| Bermuda | Bermudian Dollar | 0.782044 | £45,850.00 | £281.40 | |
| Bhutan | Bhutanese Ngultrum | 0.009361 | £13,105.00 | £80.40 | |
| Bolivia | Boliviano | 0.113228 | £13,105.00 | £80.40 | |
| Bonaire, Saint Eustatius and Saba | U.S. Dollar | 0.782044 | £32,745.00 | £201.00 | |
| Bosnia and Herzegovina | Convertible Marka | 0.433727 | £13,105.00 | £80.40 | |
| Botswana | Pula | 0.057813 | £13,105.00 | £80.40 | |
| Bouvet Island | Norwegian Krone | 0.073267 | £32,745.00 | £201.00 | |
| Brazil | Brazilian Real | 0.147826 | £19,660.00 | £120.60 | |
| British Indian Ocean Territory | U.S. Dollar | 0.782044 | £32,745.00 | £201.00 | |
| Brunei | Brunei Dollar | 0.58548 | £13,105.00 | £80.40 | |
| Bulgaria | Bulgarian Lev | 0.433727 | £13,105.00 | £80.40 | |
| Burkina Faso | CFA Franc (BEAC) | 0.001293 | £13,105.00 | £80.40 | |
| Burundi | Burundi Franc | 0.000272 | £6,560.00 | £40.20 | |
| Cambodia | Riel | 0.000192 | £13,105.00 | £80.40 | |
| Cameroon | CFA Franc (BEAC) | 0.001293 | £13,105.00 | £80.40 | |
| Canada | Canadian Dollar | 0.572705 | £32,745.00 | £201.00 | |
| Cape Verde | Cape Verde Escudo | 0.007693 | £19,660.00 | £120.60 | |
| Cayman Islands | Cayman Islands Dollar | 0.951656 | £45,850.00 | £281.40 | |
| Central African Republic | CFA Franc (BEAC) | 0.001293 | £13,105.00 | £80.40 | |
| Chad | CFA Franc (BEAC) | 0.001293 | £13,105.00 | £80.40 | |
| Channel Islands | British Pound | 1 | £32,745.00 | £201.00 | |
| Chile | Chilean Peso | 0.000836 | £19,660.00 | £120.60 | |
| China | Yuan Renminbi | 0.10879 | £19,660.00 | £120.60 | |
| Christmas Island | Australian Dollar | 0.518403 | £39,305.00 | £241.00 | |
| Cocos (Keeling) Islands | Australian Dollar | 0.518403 | £39,305.00 | £241.00 | |
| Colombia | Colombian Peso | 0.000194 | £13,105.00 | £80.40 | |
| Comoros | Comorian Franc | 0.001724 | £13,105.00 | £80.40 | |
| Congo | Congolese Franc | 0.000279 | £13,105.00 | £80.40 | |
| Congo, Democratic Republic of | Congolese Franc | 0.000279 | £13,105.00 | £80.40 | |
| Cook Islands | New Zealand Dollar | 0.476372 | £32,745.00 | £201.00 | |
| Costa Rica | Costa Rican Colon | 0.001519 | £26,205.00 | £160.80 | |
| Cote d’Ivoire | CFA Franc (BEAC) | 0.001293 | £13,105.00 | £80.40 | |
| Croatia | Euro | 0.848248 | £19,660.00 | £120.60 | |
| Cuba | Cuban Peso | 0.032163 | £19,660.00 | £120.60 | |
| Curacao | Antillean Guilder | 0.437573 | £32,745.00 | £201.00 | |
| Cyprus | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Czech Republic | Czech Koruna | 0.033833 | £19,660.00 | £120.60 | |
| Denmark | Danish Krone | 0.113724 | £32,745.00 | £201.00 | |
| Djibouti | Djiboutian Franc | 0.004396 | £19,660.00 | £120.60 | |
| Dominica | East Caribbean Dollar | 0.289452 | £19,660.00 | £120.60 | |
| Dominican Republic | Dominican Peso | 0.013221 | £19,660.00 | £120.60 | |
| Ecuador | U.S. Dollar | 0.782044 | £13,105.00 | £80.40 | |
| Egypt | Egyptian Pound | 0.017795 | £6,560.00 | £40.20 | |
| El Salvador | U.S. Dollar | 0.782044 | £19,660.00 | £120.60 | |
| Equatorial Guinea | CFA Franc (BEAC) | 0.001293 | £13,105.00 | £80.40 | |
| Eritrea | Nafka | 0.052138 | £13,105.00 | £80.40 | |
| Estonia | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Ethiopia | Ethiopian Birr | 0.010126 | £19,660.00 | £120.60 | |
| Faeroe Islands | Danish Krone | 0.113724 | £32,745.00 | £201.00 | |
| Falkland Islands | Falkland Pound | 1 | £32,745.00 | £201.00 | |
| Federated States of Micronesia | U.S. Dollar | 0.782044 | £39,305.00 | £241.00 | |
| Fiji | Fiji Dollar | 0.348663 | £13,105.00 | £80.40 | |
| Finland | Euro | 0.848248 | £32,745.00 | £201.00 | |
| France | Euro | 0.848248 | £26,205.00 | £160.80 | |
| French Guiana | Euro | 0.848248 | £26,205.00 | £160.80 | |
| French Polynesia | CFP Franc | 0.007109 | £32,745.00 | £201.00 | |
| French Southern Territories | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Gabon | CFA Franc (BEAC) | 0.001293 | £13,105.00 | £80.40 | |
| Gambia | Dalasi | 0.011399 | £13,105.00 | £80.40 | |
| Georgia | Lari | 0.288825 | £13,105.00 | £80.40 | |
| Germany | Euro | 0.848248 | £32,745.00 | £201.00 | |
| Ghana | Ghanaian Cedi | 0.054724 | £13,105.00 | £80.40 | |
| Gibraltar | British Pound | 1 | £32,745.00 | £201.00 | |
| Greece | Euro | 0.848248 | £19,660.00 | £120.60 | |
| Greenland | Danish Krone | 0.113724 | £32,745.00 | £201.00 | |
| Grenada | East Caribbean Dollar | 0.289452 | £26,205.00 | £160.80 | |
| Guadeloupe | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Guam | U.S. Dollar | 0.782044 | £39,305.00 | £241.00 | |
| Guatemala | Quetzal | 0.100714 | £13,105.00 | £80.40 | |
| Guinea | Guinean Franc | 0.000091 | £13,105.00 | £80.40 | |
| Guinea-Bissau | CFA Franc (BCEAO) | 0.001293 | £13,105.00 | £80.40 | |
| Guyana | Guyanese Dollar | 0.003746 | £13,105.00 | £80.40 | |
| Haiti | Gourde | 0.005918 | £19,660.00 | £120.60 | |
| Heard and McDonald Islands | Australian Dollar | 0.518403 | £39,305.00 | £241.00 | |
| Holy See (Vatican City State) | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Honduras | Lempira | 0.031562 | £19,660.00 | £120.60 | |
| Hong Kong | Hong Kong Dollar | 0.100195 | £26,205.00 | £160.80 | |
| Hungary | Forint | 0.002158 | £19,660.00 | £120.60 | |
| Iceland | Icelandic Krona | 0.00567 | £39,305.00 | £241.00 | |
| India | Indian Rupee | 0.009361 | £6,560.00 | £40.20 | |
| Indonesia | Indonesian Rupiah | 0.000049 | £13,105.00 | £80.40 | |
| Iran | Iranian Rial | 0.000025 | £13,105.00 | £80.40 | |
| Iraq | Iraqi Dinar | 0.000598 | £13,105.00 | £80.40 | |
| Ireland | Euro | 0.848248 | £32,745.00 | £201.00 | |
| Isle of Man | British Pound | 1 | £32,745.00 | £201.00 | |
| Israel | New Israeli Shekel | 0.210398 | £39,305.00 | £241.00 | |
| Italy | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Jamaica | Jamaican Dollar | 0.005003 | £26,205.00 | £160.80 | |
| Japan | Yen | 0.005171 | £26,205.00 | £160.80 | |
| Jordan | Jordanian Dinar | 1.103022 | £19,660.00 | £120.60 | |
| Kazakhstan | Tenge | 0.001683 | £13,105.00 | £80.40 | |
| Kenya | Kenya Schilling | 0.005749 | £13,105.00 | £80.40 | |
| Kiribati | Australian Dollar | 0.518403 | £26,205.00 | £160.80 | |
| Korea, Democratic People’s Republic of | Won Korea Dem. Rep | 0.466523 | £13,105.00 | £80.40 | |
| Korea, Republic of | Won Korea Rep | 0.000577 | £26,205.00 | £160.80 | |
| Kosovo | Euro | 0.848248 | £13,105.00 | £80.40 | |
| Kuwait | Kuwaiti Dinar | 2.54842 | £26,205.00 | £160.80 | |
| Kyrgyztan Republic | Kyrgyzstan Som | 0.008955 | £13,105.00 | £80.40 | |
| Lao PDR | Kip | 0.000036 | £6,560.00 | £40.20 | |
| Latvia | Euro | 0.848248 | £19,660.00 | £120.60 | |
| Lebanon | Lebanese Pound | 0.000011 | £13,105.00 | £80.40 | |
| Lesotho | Loti | 0.042708 | £13,105.00 | £80.40 | |
| Liberia | Liberian Dollar (US Dollar in use) | 0.004064 | £19,660.00 | £120.60 | |
| Libya | Libyan Dinar | 0.162243 | £13,105.00 | £80.40 | |
| Liechtenstein | Swiss Franc | 0.889996 | £32,745.00 | £201.00 | |
| Lithuania | Euro | 0.848248 | £19,660.00 | £120.60 | |
| Luxembourg | Euro | 0.848248 | £32,745.00 | £201.00 | |
| Macau | Patacas | 0.097277 | £26,205.00 | £160.80 | |
| Macedonia (Former Yugoslav Republic) | Macedonian Denar | 0.013782 | £13,105.00 | £80.40 | |
| Madagascar | Malagasy Ariary | 0.000173 | £13,105.00 | £80.40 | |
| Malawi | Malawi Kwacha | 0.000455 | £13,105.00 | £80.40 | |
| Malaysia | Ringgit | 0.170077 | £13,105.00 | £80.40 | |
| Maldives | Rufiyaa | 0.050762 | £19,660.00 | £120.60 | |
| Mali | CFA Franc (BCEAO) | 0.001293 | £13,105.00 | £80.40 | |
| Malta | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Marshall Islands | U.S. Dollar | 0.782044 | £32,745.00 | £201.00 | |
| Martinique | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Mauritania | Ouguiyas | 0.019738 | £13,105.00 | £80.40 | |
| Mauritius | Mauritius Rupee | 0.017043 | £13,105.00 | £80.40 | |
| Mayotte | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Mexico | Mexican Peso | 0.043315 | £19,660.00 | £120.60 | |
| Moldova | Moldovan Leu | 0.044117 | £13,105.00 | £80.40 | |
| Monaco | Euro | 0.848248 | £32,745.00 | £201.00 | |
| Mongolia | Tugrik | 0.00023 | £13,105.00 | £80.40 | |
| Montenegro | Euro | 0.848248 | £13,105.00 | £80.40 | |
| Montserrat | East Caribbean Dollar | 0.289452 | £32,745.00 | £201.00 | |
| Morocco | Moroccan Dirham | 0.078658 | £13,105.00 | £80.40 | |
| Mozambique | Metical | 0.012249 | £13,105.00 | £80.40 | |
| Myanmar | Kyat | 0.000373 | £6,560.00 | £40.20 | |
| Namibia | Namibian Dollar | 0.042708 | £13,105.00 | £80.40 | |
| Nauru | Australian Dollar | 0.518403 | £39,305.00 | £241.00 | |
| Nepal | Nepalese Rupee | 0.005848 | £13,105.00 | £80.40 | |
| Netherlands | Euro | 0.848248 | £32,745.00 | £201.00 | |
| New Caledonia | CFP Franc | 0.007109 | £32,745.00 | £201.00 | |
| New Zealand | New Zealand Dollar | 0.476372 | £32,745.00 | £201.00 | |
| Nicaragua | Gold Cordoba | 0.021269 | £13,105.00 | £80.40 | |
| Niger | CFA Franc (BCEAO) | 0.001293 | £13,105.00 | £80.40 | |
| Nigeria | Nigerian Naira | 0.00055 | £13,105.00 | £80.40 | |
| Niue | New Zealand Dollar | 0.476372 | £32,745.00 | £201.00 | |
| Norfolk Island | Australian Dollar | 0.518403 | £39,305.00 | £241.00 | |
| Northern Mariana Islands | U.S. Dollar | 0.782044 | £39,305.00 | £241.00 | |
| Norway | Norwegian Krone | 0.073267 | £32,745.00 | £201.00 | |
| Oman | Rial Omani | 2.031694 | £19,660.00 | £120.60 | |
| Pakistan | Pakistan Rupee | 0.002804 | £6,560.00 | £40.20 | |
| Palau | U.S. Dollar | 0.782044 | £32,745.00 | £201.00 | |
| Palestine (Occupied Territory) | New Israeli Shekel | 0.210398 | £19,660.00 | £120.60 | |
| Panama | Balboas | 0.782044 | £19,660.00 | £120.60 | |
| Papua New Guinea | Kina | 0.203434 | £26,205.00 | £160.80 | |
| Paraguay | Guarani | 0.000104 | £13,105.00 | £80.40 | |
| Peru | New Sol | 0.208368 | £19,660.00 | £120.60 | |
| Philippines | Philippine Peso | 0.013692 | £13,105.00 | £80.40 | |
| Pitcairn | New Zealand Dollar | 0.476372 | £32,745.00 | £201.00 | |
| Poland | Zloty | 0.196321 | £19,660.00 | £120.60 | |
| Portugal | Euro | 0.848248 | £19,660.00 | £120.60 | |
| Puerto Rico | U.S. Dollar | 0.782044 | £39,305.00 | £241.00 | |
| Qatar | Qatar Riyal | 0.214855 | £26,205.00 | £160.80 | |
| Reunion | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Romania | Romanian Leu | 0.170523 | £13,105.00 | £80.40 | |
| Russian Federation | Russian Ruble | 0.00853 | £13,105.00 | £80.40 | |
| Rwanda | Rwanda Franc | 0.000598 | £13,105.00 | £80.40 | |
| Saint Helena | Saint Helena Pound | 1 | £32,745.00 | £201.00 | |
| Saint Kitts and Nevis | East Caribbean Dollar | 0.289452 | £26,205.00 | £160.80 | |
| Saint Lucia | East Caribbean Dollar | 0.289452 | £19,660.00 | £120.60 | |
| Saint Martin (French part) | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Saint Pierre and Miquelon | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Saint Vincent and Grenadines | East Caribbean Dollar | 0.289452 | £19,660.00 | £120.60 | |
| Saint-Barthelemy | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Samoa | Tala | 0.285111 | £26,205.00 | £160.80 | |
| San Marino | Euro | 0.848248 | £32,745.00 | £201.00 | |
| Sao Tome and Principe | Dobras | 0.000035 | £19,660.00 | £120.60 | |
| Saudi Arabia | Saudi Riyal | 0.208551 | £19,660.00 | £120.60 | |
| Senegal | CFA Franc (BEAC) | 0.001293 | £13,105.00 | £80.40 | |
| Serbia | Serbian Dinar | 0.007243 | £13,105.00 | £80.40 | |
| Seychelles | Seychelles Rupee | 0.057161 | £19,660.00 | £120.60 | |
| Sierra Leone | Leone | 0.000063 | £6,560.00 | £40.20 | |
| Singapore | Singapore Dollar | 0.58548 | £26,205.00 | £160.80 | |
| Sint Maarten (Dutch part) | Antilles Guilder | 0.437573 | £32,745.00 | £201.00 | |
| Slovakia | Euro | 0.848248 | £19,660.00 | £120.60 | |
| Slovenia | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Solomon Islands | Solomon Islands Dollar | 0.09383 | £26,205.00 | £160.80 | |
| Somalia | Somali Shilling | 0.001371 | £13,105.00 | £80.40 | |
| South Africa | Rand | 0.042708 | £13,105.00 | £80.40 | |
| South Georgia and the South Sandwich Islands | British Pound | 1 | £32,745.00 | £201.00 | |
| South Sudan | Sudanese Pound | 0.001306 | £13,105.00 | £80.40 | |
| Spain | Euro | 0.848248 | £26,205.00 | £160.80 | |
| Sri Lanka | Sri Lankan Rupee | 0.002563 | £13,105.00 | £80.40 | |
| Sudan | Sudanese Pound | 0.001306 | £26,205.00 | £160.80 | |
| Suriname | Surinam Dollar | 0.023439 | £13,105.00 | £80.40 | |
| Svalbard and Jan Mayen Islands | Norwegian Krone | 0.073267 | £32,745.00 | £201.00 | |
| Swaziland | Lilangeni | 0.042708 | £13,105.00 | £80.40 | |
| Sweden | Swedish Krona | 0.074389 | £32,745.00 | £201.00 | |
| Switzerland | Swiss Franc | 0.889996 | £39,305.00 | £241.00 | |
| Syria | Syrian Pound | 0.00399 | £6,560.00 | £40.20 | |
| Taiwan | Taiwan Dollar | 0.024403 | £32,745.00 | £201.00 | |
| Tajikistan | Somoni | 0.12336 | £6,560.00 | £40.20 | |
| Thailand | Thai Baht | 0.022122 | £13,105.00 | £80.40 | |
| Timor-Leste | U.S. Dollar | 0.782044 | £13,105.00 | £80.40 | |
| Togo | CFA Franc (BEAC) | 0.001293 | £13,105.00 | £80.40 | |
| Tokelau | New Zealand Dollar | 0.476372 | £32,745.00 | £201.00 | |
| Tonga | Pa’anga | 0.330666 | £26,205.00 | £160.80 | |
| Trinidad and Tobago | Trinidad & Tobago Dollar | 0.115287 | £19,660.00 | £120.60 | |
| Tunisia | Tunisian Dinar | 0.251724 | £13,105.00 | £80.40 | |
| Turkey | Turkish New Lira | 0.024065 | £13,105.00 | £80.40 | |
| Turkmenistan | Turkmenistan New Manat | 0.223599 | £13,105.00 | £80.40 | |
| Turks and Caicos Islands | U.S. Dollar | 0.782044 | £45,850.00 | £281.40 | |
| Tuvalu | Australian Dollar | 0.518403 | £39,305.00 | £241.00 | |
| Uganda | Ugandan New Shilling | 0.000208 | £13,105.00 | £80.40 | |
| Ukraine | Hryvnia | 0.019541 | £13,105.00 | £80.40 | |
| United Arab Emirates | U.A.E. Dirham | 0.212952 | £26,205.00 | £160.80 | |
| United Kingdom | British Pound | 1 | £32,745.00 | £201.00 | |
| United republic of Tanzania | Tanzanian Shilling | 0.000298 | £13,105.00 | £80.40 | |
| United States of America | U.S. Dollar | 0.782044 | £39,305.00 | £241.00 | |
| Uruguay | Uruguayan Peso | 0.019606 | £26,205.00 | £160.80 | |
| Uzbekistan | Uzbekistan Sum | 0.000062 | £13,105.00 | £80.40 | |
| Vanuatu | Vatu | 0.006529 | £39,305.00 | £241.00 | |
| Venezuela | Bolivar Fuerte | 0.01443 | £19,660.00 | £120.60 | |
| Vietnam | Dong | 0.000031 | £13,105.00 | £80.40 | |
| Virgin Islands (British) | U.S. Dollar | 0.782044 | £32,745.00 | £201.00 | |
| Virgin Islands (US) | U.S. Dollar | 0.782044 | £39,305.00 | £241.00 | |
| Wallis and Futuna Islands | CFP Franc | 0.007109 | £13,105.00 | £80.40 | |
| Western Sahara | Moroccan Dirham | 0.078658 | £13,105.00 | £80.40 | |
| Yemen | Yemeni Rial | 0.003124 | £13,105.00 | £80.40 | |
| Zambia | Zambian Kwacha | 0.03029 | £13,105.00 | £80.40 | |
| Zimbabwe | Zimbabwean Gold | 0.030848 | £13,105.00 | £80.40 |