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Students & Graduates · 2025/26 threshold

Plan 4 Student Loan Calculator

Plan 4 covers Scottish-domiciled students with SAAS loans — 9% of income above £32,745 (2025/26), one of the highest thresholds in the UK.

Your salary

£

Plan 4 (Scotland) threshold: £32,745 (2025/26). Rate 9% on the excess.

Monthly repayment

£17

£203 per year

Calculation

  • Annual salary
    £35,000
  • Plan 4 (Scotland) threshold
    −£32,745
  • Income above threshold
    £2,255
  • Annual repayment (9%)
    £203

How we calculated your result

Repayment = 9% × (annual salary − £32,745). Collected via PAYE / Self Assessment, managed by SAAS through the Student Loans Company.

Official UK rules in simple English

  • Threshold £32,745 from April 2025 — the highest of any UK plan.
  • Interest = RPI (no income-based variation).
  • Written off 30 years after first April due, or at age 65.
  • Repayment is by income, not balance — most borrowers never repay in full.

Common pitfalls to watch out for

  • ⚠ Don't accidentally pay Plan 1

    Some employers default to Plan 1 if SLC hasn’t notified them. Check your payslip.

  • ⚠ Moving south doesn't change plan

    Once on Plan 4, always Plan 4 — even if you live and work in England.

Frequently asked questions

What if I have a PG loan too?
PG repayments stack on top — 6% above £21,000 separately.
Is the threshold uprated each year?
Reviewed annually by Scottish Government; usually in line with earnings.

Estimate based on April 2025 threshold.

Related calculators

More tools in Students & Graduates.