Guidance

Overseas earnings thresholds for Plan 4 student loans, 2024-25

Updated 18 April 2024

Applies to Scotland

These thresholds apply to Plan 4 student loans from April 2024 until March 2025.

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 £6,285.00 £40.20
Albania Leke 0.007941 £12,560.00 £80.40
Algeria Algerian Dinar 0.005909 £12,560.00 £80.40
American Samoa U.S. Dollar 0.804376 £37,680.00 £241.00
Andorra Euro 0.869943 £25,120.00 £160.80
Angola Kwanza 0.001199 £18,845.00 £120.60
Anguilla East Caribbean Dollar 0.297814 £31,395.00 £201.00
Antarctica U.S. Dollar 0.804376 £37,680.00 £241.00
Antigua and Barbuda East Caribbean Dollar 0.297814 £25,120.00 £160.80
Argentina Argentine Peso 0.003078 £18,845.00 £120.60
Armenia Dram 0.002059 £12,560.00 £80.40
Aruba Aruban Guilder 0.449357 £31,395.00 £201.00
Australia Australian Dollar 0.536251 £37,680.00 £241.00
Austria Euro 0.869943 £31,395.00 £201.00
Azerbaijan Azerbaijanian Manat 0.472813 £18,845.00 £120.60
Bahamas Bahamian Dollar 0.804376 £31,395.00 £201.00
Bahrain Bahrain Dinar 2.135383 £18,845.00 £120.60
Bangladesh Taka 0.007452 £12,560.00 £80.40
Barbados Barbados Dollar 0.402188 £43,955.00 £281.40
Belarus Belarusian Ruble 0.305232 £12,560.00 £80.40
Belgium Euro 0.869943 £31,395.00 £201.00
Belize Belizean Dollar 0.40122 £25,120.00 £160.80
Benin CFA Franc (BEAC) 0.001326 £12,560.00 £80.40
Bermuda Bermudian Dollar 0.804376 £43,955.00 £281.40
Bhutan Bhutanese Ngultrum 0.009745 £6,285.00 £40.20
Bolivia Boliviano 0.116431 £12,560.00 £80.40
Bonaire, Saint Eustatius and Saba U.S. Dollar 0.804376 £31,395.00 £201.00
Bosnia and Herzegovina Convertible Marka 0.444662 £12,560.00 £80.40
Botswana Pula 0.06057 £18,845.00 £120.60
Bouvet Island Norwegian Krone 0.07681 £37,680.00 £241.00
Brazil Brazilian Real 0.160369 £18,845.00 £120.60
British Indian Ocean Territory U.S. Dollar 0.804376 £31,395.00 £201.00
Brunei Brunei Dollar 0.59891 £18,845.00 £120.60
Bulgaria Bulgarian Lev 0.44484 £12,560.00 £80.40
Burkina Faso CFA Franc (BEAC) 0.001326 £12,560.00 £80.40
Burundi Burundi Franc 0.000319 £12,560.00 £80.40
Cambodia Riel 0.000196 £12,560.00 £80.40
Cameroon CFA Franc (BEAC) 0.001326 £12,560.00 £80.40
Canada Canadian Dollar 0.596481 £37,680.00 £241.00
Cape Verde Cape Verde Escudo 0.007876 £18,845.00 £120.60
Cayman Islands Cayman Islands Dollar 0.980008 £37,680.00 £241.00
Central African Republic CFA Franc (BEAC) 0.001326 £18,845.00 £120.60
Chad CFA Franc (BEAC) 0.001326 £18,845.00 £120.60
Channel Islands British Pound 1 £31,395.00 £201.00
Chile Chilean Peso 0.000958 £18,845.00 £120.60
China Yuan Renminbi 0.113767 £25,120.00 £160.80
Christmas Island Australian Dollar 0.536251 £37,680.00 £241.00
Cocos (Keeling) Islands Australian Dollar 0.536251 £37,680.00 £241.00
Colombia Colombian Peso 0.000184 £12,560.00 £80.40
Comoros Comorian Franc 0.001768 £12,560.00 £80.40
Congo Congolese Franc 0.000351 £25,120.00 £160.80
Congo, Democratic Republic of Congolese Franc 0.000351 £18,845.00 £120.60
Cook Islands New Zealand Dollar 0.495166 £37,680.00 £241.00
Costa Rica Costa Rican Colon 0.001469 £18,845.00 £120.60
Cote d’Ivoire CFA Franc (BEAC) 0.001326 £12,560.00 £80.40
Croatia Euro 0.869943 £18,845.00 £120.60
Cuba Cuban Peso 0.033516 £18,845.00 £120.60
Curacao Antillean Guilder 0.437573 £31,395.00 £201.00
Cyprus Euro 0.869943 £25,120.00 £160.80
Czech Republic Czech Koruna 0.036248 £18,845.00 £120.60
Denmark Danish Krone 0.116776 £31,395.00 £201.00
Djibouti Djiboutian Franc 0.00452 £18,845.00 £120.60
Dominica East Caribbean Dollar 0.297814 £25,120.00 £160.80
Dominican Republic Dominican Peso 0.014409 £18,845.00 £120.60
Ecuador U.S. Dollar 0.804376 £18,845.00 £120.60
Egypt Egyptian Pound 0.026583 £12,560.00 £80.40
El Salvador U.S. Dollar 0.804376 £18,845.00 £120.60
Equatorial Guinea CFA Franc (BEAC) 0.001326 £12,560.00 £80.40
Eritrea Nafka 0.053626 £12,560.00 £80.40
Estonia Euro 0.869943 £25,120.00 £160.80
Ethiopia Ethiopian Birr 0.014713 £12,560.00 £80.40
Faeroe Islands Danish Krone 0.116776 £31,395.00 £201.00
Falkland Islands Falkland Pound 1 £37,680.00 £241.00
Federated States of Micronesia U.S. Dollar 0.804376 £37,680.00 £241.00
Fiji Fiji Dollar 0.359945 £12,560.00 £80.40
Finland Euro 0.869943 £31,395.00 £201.00
France Euro 0.869943 £25,120.00 £160.80
French Guiana Euro 0.869943 £25,120.00 £160.80
French Polynesia CFP Franc 0.00729 £25,120.00 £160.80
French Southern Territories Euro 0.869943 £25,120.00 £160.80
Gabon CFA Franc (BEAC) 0.001326 £18,845.00 £120.60
Gambia Dalasi 0.013015 £12,560.00 £80.40
Georgia Lari 0.305979 £12,560.00 £80.40
Germany Euro 0.869943 £31,395.00 £201.00
Ghana Ghanaian Cedi 0.069442 £12,560.00 £80.40
Gibraltar British Pound 1 £31,395.00 £201.00
Greece Euro 0.869943 £18,845.00 £120.60
Greenland Danish Krone 0.116776 £31,395.00 £201.00
Grenada East Caribbean Dollar 0.297814 £25,120.00 £160.80
Guadeloupe Euro 0.869943 £25,120.00 £160.80
Guam U.S. Dollar 0.804376 £37,680.00 £241.00
Guatemala Quetzal 0.102653 £18,845.00 £120.60
Guinea Guinean Franc 0.000093 £18,845.00 £120.60
Guinea-Bissau CFA Franc (BCEAO) 0.001326 £12,560.00 £80.40
Guyana Guyanese Dollar 0.00383 £18,845.00 £120.60
Haiti Gourde 0.005675 £18,845.00 £120.60
Heard and McDonald Islands Australian Dollar 0.536251 £37,680.00 £241.00
Holy See (Vatican City State) Euro 0.869943 £25,120.00 £160.80
Honduras Lempira 0.032559 £18,845.00 £120.60
Hong Kong Hong Kong Dollar 0.102807 £25,120.00 £160.80
Hungary Forint 0.002272 £18,845.00 £120.60
Iceland Icelandic Krona 0.005825 £37,680.00 £241.00
India Indian Rupee 0.009745 £12,560.00 £80.40
Indonesia Indonesian Rupiah 0.000053 £12,560.00 £80.40
Iran Iranian Rial 0.000025 £6,285.00 £40.20
Iraq Iraqi Dinar 0.000591 £18,845.00 £120.60
Ireland Euro 0.869943 £31,395.00 £201.00
Isle of Man British Pound 1 £31,395.00 £201.00
Israel New Israeli Shekel 0.220104 £43,955.00 £281.40
Italy Euro 0.869943 £25,120.00 £160.80
Jamaica Jamaican Dollar 0.005227 £18,845.00 £120.60
Japan Yen 0.005754 £25,120.00 £160.80
Jordan Jordanian Dinar 1.133787 £12,560.00 £80.40
Kazakhstan Tenge 0.001751 £12,560.00 £80.40
Kenya Kenya Schilling 0.005836 £12,560.00 £80.40
Kiribati Australian Dollar 0.536251 £25,120.00 £160.80
Korea, Democratic People’s Republic of Won Korea Dem. Rep 0.466523 £12,560.00 £80.40
Korea, Republic of Won Korea Rep 0.000617 £25,120.00 £160.80
Kuwait Kuwaiti Dinar 2.617801 £25,120.00 £160.80
Kyrgyztan Republic Kyrgyzstan Som 0.009189 £12,560.00 £80.40
Lao PDR Kip 0.000044 £6,285.00 £40.20
Latvia Euro 0.869943 £18,845.00 £120.60
Lebanon Lebanese Pound 0.000063 £12,560.00 £80.40
Lesotho Loti 0.044032 £12,560.00 £80.40
Liberia Liberian Dollar (US Dollar in use) 0.025003 £18,845.00 £120.60
Libya Libyan Dinar 0.167263 £12,560.00 £80.40
Liechtenstein Swiss Franc 0.893575 £31,395.00 £201.00
Lithuania Euro 0.869943 £18,845.00 £120.60
Luxembourg Euro 0.869943 £31,395.00 £201.00
Macau Patacas 0.099811 £25,120.00 £160.80
Macedonia (Former Yugoslav Republic) Macedonian Denar 0.014135 £12,560.00 £80.40
Madagascar Malagasy Ariary 0.000181 £12,560.00 £80.40
Malawi Malawi Kwacha 0.000726 £12,560.00 £80.40
Malaysia Ringgit 0.176932 £12,560.00 £80.40
Maldives Rufiyaa 0.052276 £18,845.00 £120.60
Mali CFA Franc (BCEAO) 0.001326 £12,560.00 £80.40
Malta Euro 0.869943 £25,120.00 £160.80
Marshall Islands U.S. Dollar 0.804376 £37,680.00 £241.00
Martinique Euro 0.869943 £25,120.00 £160.80
Mauritania Ouguiyas 0.021875 £12,560.00 £80.40
Mauritius Mauritius Rupee 0.017876 £12,560.00 £80.40
Mayotte Euro 0.869943 £25,120.00 £160.80
Mexico Mexican Peso 0.045008 £18,845.00 £120.60
Moldova Moldovan Leu 0.044199 £12,560.00 £80.40
Monaco Euro 0.869943 £31,395.00 £201.00
Mongolia Tugrik 0.000231 £12,560.00 £80.40
Montenegro Euro 0.869943 £12,560.00 £80.40
Montserrat East Caribbean Dollar 0.297814 £31,395.00 £201.00
Morocco Moroccan Dirham 0.079135 £12,560.00 £80.40
Mozambique Metical 0.012592 £12,560.00 £80.40
Myanmar Kyat 0.000383 £6,285.00 £40.20
Namibia Namibian Dollar 0.044028 £18,845.00 £120.60
Nauru Australian Dollar 0.536251 £31,395.00 £201.00
Nepal Nepalese Rupee 0.00609 £12,560.00 £80.40
Netherlands Euro 0.869943 £31,395.00 £201.00
New Caledonia CFP Franc 0.00729 £25,120.00 £160.80
New Zealand New Zealand Dollar 0.495166 £37,680.00 £241.00
Nicaragua Gold Cordoba 0.02207 £12,560.00 £80.40
Niger CFA Franc (BCEAO) 0.001326 £12,560.00 £80.40
Nigeria Nigerian Naira 0.001309 £12,560.00 £80.40
Niue New Zealand Dollar 0.495166 £37,680.00 £241.00
Norfolk Island Australian Dollar 0.536251 £37,680.00 £241.00
Northern Mariana Islands U.S. Dollar 0.804376 £37,680.00 £241.00
Norway Norwegian Krone 0.07681 £37,680.00 £241.00
Oman Rial Omani 2.089427 £25,120.00 £160.80
Pakistan Pakistan Rupee 0.002925 £6,285.00 £40.20
Palau U.S. Dollar 0.804376 £25,120.00 £160.80
Palestine (Occupied Territory) New Israeli Shekel 0.220104 £18,845.00 £120.60
Panama Balboas 0.804376 £18,845.00 £120.60
Papua New Guinea Kina 0.224734 £25,120.00 £160.80
Paraguay Guarani 0.00011 £12,560.00 £80.40
Peru New Sol 0.214638 £18,845.00 £120.60
Philippines Philippine Peso 0.014447 £12,560.00 £80.40
Pitcairn New Zealand Dollar 0.495166 £31,395.00 £201.00
Poland Zloty 0.190581 £18,845.00 £120.60
Portugal Euro 0.869943 £18,845.00 £120.60
Puerto Rico U.S. Dollar 0.804376 £31,395.00 £201.00
Qatar Qatar Riyal 0.220946 £31,395.00 £201.00
Reunion Euro 0.869943 £25,120.00 £160.80
Romania Romanian Leu 0.175939 £12,560.00 £80.40
Russian Federation Russian Ruble 0.009652 £18,845.00 £120.60
Rwanda Rwanda Franc 0.000704 £12,560.00 £80.40
Saint Helena Saint Helena Pound 1 £31,395.00 £201.00
Saint Kitts and Nevis East Caribbean Dollar 0.297814 £25,120.00 £160.80
Saint Lucia East Caribbean Dollar 0.297814 £25,120.00 £160.80
Saint Martin (French part) Euro 0.869943 £25,120.00 £160.80
Saint Pierre and Miquelon Euro 0.869943 £25,120.00 £160.80
Saint Vincent and Grenadines East Caribbean Dollar 0.297814 £18,845.00 £120.60
Saint-Barthelemy Euro 0.869943 £25,120.00 £160.80
Samoa Tala 0.294794 £25,120.00 £160.80
San Marino Euro 0.869943 £25,120.00 £160.80
Sao Tome and Principe Dobras 0.000035 £18,845.00 £120.60
Saudi Arabia Saudi Riyal 0.214371 £18,845.00 £120.60
Senegal CFA Franc (BEAC) 0.001326 £12,560.00 £80.40
Serbia Serbian Dinar 0.007419 £12,560.00 £80.40
Seychelles Seychelles Rupee 0.058282 £18,845.00 £120.60
Sierra Leone Leone 0.000063 £6,285.00 £40.20
Singapore Singapore Dollar 0.59891 £25,120.00 £160.80
Sint Maarten (Dutch part) Antilles Guilder 0.437573 £31,395.00 £201.00
Slovakia Euro 0.869943 £18,845.00 £120.60
Slovenia Euro 0.869943 £25,120.00 £160.80
Solomon Islands Solomon Islands Dollar 0.096349 £31,395.00 £201.00
Somalia Somali Shilling 0.001413 £12,560.00 £80.40
South Africa Rand 0.044028 £18,845.00 £120.60
South Georgia and the South Sandwich Islands British Pound 1 £31,395.00 £201.00
South Sudan Sudanese Pound 0.106451 £12,560.00 £80.40
Spain Euro 0.869943 £25,120.00 £160.80
Sri Lanka Sri Lankan Rupee 0.002431 £6,285.00 £40.20
Sudan Sudanese Pound 0.001363 £12,560.00 £80.40
Suriname Surinam Dollar 0.022201 £12,560.00 £80.40
Svalbard and Jan Mayen Islands Norwegian Krone 0.07681 £37,680.00 £241.00
Swaziland Lilangeni 0.044028 £12,560.00 £80.40
Sweden Swedish Krona 0.076126 £31,395.00 £201.00
Switzerland Swiss Franc 0.893575 £43,955.00 £281.40
Syria Syrian Pound 0.00399 £18,845.00 £120.60
Taiwan Taiwan Dollar 0.025877 £31,395.00 £201.00
Tajikistan Somoni 0.12336 £6,285.00 £40.20
Thailand Thai Baht 0.023166 £12,560.00 £80.40
Timor-Leste U.S. Dollar 0.804376 £18,845.00 £120.60
Togo CFA Franc (BEAC) 0.001326 £12,560.00 £80.40
Tokelau New Zealand Dollar 0.495166 £37,680.00 £241.00
Tonga Pa’anga 0.470367 £25,120.00 £160.80
Trinidad and Tobago Trinidad & Tobago Dollar 0.119008 £25,120.00 £160.80
Tunisia Tunisian Dinar 0.259686 £12,560.00 £80.40
Turkey Turkish New Lira 0.034908 £12,560.00 £80.40
Turkmenistan Turkmenistan New Manat 0.230033 £18,845.00 £120.60
Turks and Caicos Islands U.S. Dollar 0.804376 £37,680.00 £241.00
Tuvalu Australian Dollar 0.536251 £37,680.00 £241.00
Uganda Ugandan New Shilling 0.000216 £12,560.00 £80.40
Ukraine Hryvnia 0.02187 £12,560.00 £80.40
United Arab Emirates U.A.E. Dirham 0.21901 £25,120.00 £160.80
United Kingdom British Pound 1 £31,395.00 £201.00
United republic of Tanzania Tanzanian Shilling 0.000334 £12,560.00 £80.40
United States of America U.S. Dollar 0.804376 £37,680.00 £241.00
Uruguay Uruguayan Peso 0.020756 £25,120.00 £160.80
Uzbekistan Uzbekistan Sum 0.000069 £6,285.00 £40.20
Vanuatu Vatu 0.00674 £31,395.00 £201.00
Venezuela Bolivar Fuerte 0.000003 £18,845.00 £120.60
Vietnam Dong 0.000034 £12,560.00 £80.40
Virgin Islands (British) U.S. Dollar 0.804376 £31,395.00 £201.00
Virgin Islands (US) U.S. Dollar 0.804376 £37,680.00 £241.00
Wallis and Futuna Islands CFP Franc 0.00729 £25,120.00 £160.80
Western Sahara Moroccan Dirham 0.079135 £12,560.00 £80.40
Yemen Yemeni Rial 0.003214 £18,845.00 £120.60
Zambia Zambian Kwacha 0.041173 £12,560.00 £80.40
Zimbabwe Zimbabwean Dollar 0.000642 £18,845.00 £120.60