Answers · UK 2025/26
How much do I repay on a Plan 4 student loan in 2026/27?
On a Plan 4 student loan (Scottish students) the repayment threshold for 2026/27 is £33,795. You repay 9% of everything you earn above that. For example, on a £43,795 salary you repay 9% of £10,000, which is £900 a year, or about £75 a month.
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Plan 4 student loans apply to people who studied in Scotland and borrowed from the Student Awards Agency Scotland. For 2026/27 the repayment threshold is £33,795 a year, the highest of all the undergraduate plans. You repay 9% of your income above that threshold, collected automatically through PAYE if you are employed or via Self Assessment if you are self-employed. For example, on a £40,000 salary you earn £6,205 above the threshold, so you repay 9% of £6,205, about £558 a year or £46 a month. On a £50,000 salary you repay 9% of £16,205, about £1,458 a year. Repayments are based on income, not the size of your loan, so earning more means repaying more, while earning below £33,795 means you pay nothing that year. If you also have a postgraduate loan, that is repaid separately at 6% above its own £21,000 threshold, on top of the Plan 4 repayment. Interest accrues on the balance, and any remaining Plan 4 debt is written off after a set period, typically 30 years from the April after you left your course. If you move into self-employment or have more than one job, your total income is what matters. Use the Take-Home Pay calculator to include student loan repayments in your net pay.
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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.