Student Loan · Plan 4 · 2025/26
Student Loan Plan 4 Repayments on £75,000/year
On a gross salary of £75,000, a Plan 4 borrower repays £3,803 per year — about £317 per month. Repayment is 9% of income above the £32,745 annual threshold, deducted automatically via PAYE.
Last updated: How we verify
Yearly
£3,803
Monthly
£317
Weekly
£73
How Plan 4 on £75,000 is calculated
| Gross salary | £75,000 |
| Plan 4 threshold | −£32,745 |
| Income above threshold | £42,255 |
| × repayment rate (9%) | £3,803 |
| Annual repayment | £3,803 |
| Monthly (annual ÷ 12) | £317 |
| Effective rate (annual ÷ gross) | 5.07% |
Calculated using 2025/26 HMRC rates: Plan 4 threshold £32,745, rate 9%. PAYE deductions are made each pay period using the weekly/monthly equivalent of the annual threshold — the figures above are an annualised view.
Who is on Plan 4?
Plan 4 applies to Scottish students funded by SAAS since 2007 (pre-2007 Scottish borrowers were migrated onto it from April 2021). Plan 4 has the highest threshold of the undergraduate plans.
Same £75,000 salary on other student loan plans
| Plan | Threshold | Annual | Monthly |
|---|---|---|---|
| Plan 1 | £26,065 | £4,404 | £367 |
| Plan 2 | £28,470 | £4,188 | £349 |
| Plan 5 | £25,000 | £4,500 | £375 |
| Postgraduate Loan | £21,000 | £3,240 | £270 |
Plan 4 repayments at other salaries
FAQs
How much is my Plan 4 repayment on £75,000?
On £75,000 per year, your Plan 4 student loan repayment is £3,803 per year — about £317 per month or £73 per week. This is 9% of the £42,255 you earn above the £32,745 threshold.
When does my Plan 4 repayment start?
Plan 4 repayments start in the pay period when your year-to-date earnings cross the £32,745 annual threshold (or the equivalent weekly/monthly figure). HMRC instructs your employer via the SL1/PGL1 notice and deducts 9% of pay above the threshold from each payslip.
Does Plan 4 affect my income tax?
No. Student loan repayments are taken after income tax and National Insurance. On £75,000, your repayment of £3,803 comes out of take-home pay — it isn’t deductible against income tax and doesn’t reduce taxable income.
Related
Disclaimer: Figures use 2025/26 HMRC thresholds and rates. PAYE deductions are made per pay period, so monthly figures may vary slightly across the year. Postgraduate loans stack on top of any undergraduate plan. Always check your payslip and HMRC personal tax account.