Guidance

Previous annual repayment thresholds

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

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

Updates to this page

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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