Answers · UK 2025/26
How much is my Plan 5 student loan repayment on a £35,000 salary?
On a £35,000 salary in 2026/27, a Plan 5 student loan repayment is £900 for the year (9% of the £10,000 above the £25,000 threshold), leaving take-home pay of £27,819.60 a year after Income Tax, National Insurance and the loan repayment -- about £2,318.30 a month.
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Plan 5 student loans are repaid at 9% of income above a threshold frozen at £25,000 for 2026/27. On a £35,000 salary, the amount above the threshold is £10,000, so the annual repayment is 9% of £10,000, which is £900, or £75 a month, deducted automatically through PAYE. The underlying Income Tax on £35,000 is £4,486 (20% of the £22,430 taxable after the £12,570 Personal Allowance) and National Insurance is £1,794.40 (8% of the same £22,430), so total deductions are £7,180.40, leaving take-home pay of £27,819.60 a year, around £2,318.30 a month. On this salary a Plan 5 borrower keeps 63p of every additional pound earned at the basic rate (100% minus 20% Income Tax, 8% National Insurance and 9% student loan), compared with 72p for someone without a student loan.
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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.