Student Loan Plan 1 Threshold 2024/25

Student Loan Plan 1 Threshold 2024/25. For loans under both plan 1 or plan 2 or plan 4, you must select plan 1 as. This article will provide an overview of the basics of student loan thresholds, discuss the changes for 2024/25, explore the implications for different income groups,.

Your repayment totals 9% of your earnings above the threshold on plan 1, 2 or 4, or 6% of you earnings above the threshold if you are on a postgraduate plan. The department for education has confirmed the student loan thresholds for plan type 1 and 2 to be operated from 6th april 2024.