Answers · UK 2025/26
How much is my Plan 4 student loan repayment on a £32,000 salary?
On a £32,000 salary in 2026/27, you earn below the Plan 4 repayment threshold of £33,795, so no student loan repayment is due -- your take-home pay is simply your salary after Income Tax and National Insurance.
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Plan 4 (Scottish students) student loans are only repaid once your income passes the 2026/27 threshold of £33,795. On a £32,000 salary you are below that threshold, so nothing is deducted for the loan through PAYE -- interest still accrues on the outstanding balance in the background, but no repayment is taken from your pay. The underlying Income Tax on £32,000 is £3,886 and National Insurance is £1,554.40, leaving take-home pay of £26,559.60 a year, around £2,213.30 a month. Once a pay rise or bonus pushes your income above £33,795, HMRC starts deducting 9% of everything above that threshold automatically, so it is worth checking your payslip after any increase in earnings to make sure the correct plan type is being applied. Use the Student Loan Repayment calculator to see exactly when repayments would start for you.
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This answer is informational only and does not constitute financial, tax or legal advice. Figures are for the 2025/26 UK tax year. See our methodology and sources.