Guidance

Previous annual repayment thresholds

All previous annual repayment thresholds for Plan 1, Plan 2, Plan 4 and Postgraduate student loans.

From:
Student Loans Company
Published
13 August 2019
Last updated
23 April 2024 — See all updates

Previous annual repayment thresholds

Plan 1

Dates Annual repayment threshold
6 April 2000 to 5 April 2005 £10,000
6 April 2005 to 5 April 2012 £15,000
6 April 2012 to 5 April 2013 £15,795
6 April 2013 to 5 April 2014 £16,365
6 April 2014 to 5 April 2015 £16,910
6 April 2015 to 5 April 2016 £17,335
6 April 2016 to 5 April 2017 £17,495
6 April 2017 to 5 April 2018 £17,775
6 April 2018 to 5 April 2019 £18,330
6 April 2019 to 5 April 2020 £18,935
6 April 2020 to 5 April 2021 £19,390
6 April 2021 to 5 April 2022 £19,895
6 April 2022 to 5 April 2023 £20,195
6 April 2023 to 5 April 2024 £22,015

Plan 2

Dates Annual repayment threshold
6 April 2016 to 5 April 2018 £21,000
6 April 2018 to 5 April 2019 £25,000
6 April 2019 to 5 April 2020 £25,725
6 April 2020 to 5 April 2021 £26,575
6 April 2021 to 5 April 2024 £27,295

Plan 4

Before 6 April 2021, the thresholds which applied to Plan 4 customers were the same as Plan 1.

Dates Annual repayment threshold
6 April 2021 to 5 April 2022 £25,000
6 April 2022 to 5 April 2023 £25,375
6 April 2023 to 5 April 2024 £27,660

Postgraduate Loan

Dates Annual repayment threshold
6 April 2019 to 5 April 2024 £21,000
Published 13 August 2019
Last updated 23 April 2024 + show all updates

  1. Previous thresholds have been updated

  2. Previous thresholds table has been updated

  3. Plan 1 and Plan 4 previous repayment thresholds have been updated

  4. Page has been updated to include information on Postgraduate Loans and Plan 4 loans.

  5. Added translation

  6. The previous annual repayment thresholds have been added for the 2020 to 2021 tax year. Information also added for Plan 4 customers

  7. Added thresholds for 2019-20

  8. Added translation

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