Student Loan Repayment on £30,000 UK Salary

With Plan 2 you'd repay £55/year (£5/month) from a £30,000 salary. Pick different plans below to compare.

Last updated · Tax year 2026/27

£
Active loan plans
Gross salary £30,000
Income Tax −£3,486
National Insurance −£1,394
Student loan −£55
Take-home £25,064

Take-home pay

£55

16.3% effective tax rate

Monthly
£5
Weekly
£1
Daily
£0
Hourly
£0.03

Your salary in context

ONS · HMRC · CPI

  • Annual repayment

    You'll repay £55 a year across all active plans — roughly £5 a month through PAYE.

  • Plan 2 breakdown

    Threshold £29,385 at 9%: earnings above the threshold trigger £55/year (£5/month).

  • Take-home after loan

    After Income Tax, NI and the loan deduction you keep £25,064/year — £2,089/month.

  • Marginal loan rate

    Your highest marginal student-loan rate is 9% — stacked on top of Income Tax and NI, this is what every extra £1 above the highest threshold costs.

Nearby salaries

Frequently asked questions

Which plan am I on?
Plan 1: started pre-2012 in England/Wales or at any time in Northern Ireland. Plan 2: started 2012+ in England/Wales. Plan 4: Scotland. Plan 5: started August 2023+ in England. Postgraduate: master's or PhD loan. Check via your Student Loans Company account.
Can I have more than one plan?
Yes — it is common to have an undergraduate plan plus a Postgraduate Loan. Both are deducted simultaneously if you earn above each threshold.
Do repayments affect Income Tax?
No — student loan repayments are separate from Income Tax. They are collected via PAYE but go straight to SLC, not HMRC, and do not reduce your taxable income.
What happens if I don't earn enough?
You pay nothing. Repayments only start once you earn above the threshold for your plan, and only 9% (or 6% for Postgrad) of earnings above that threshold.
What's the threshold for my plan?
2026/27: Plan 1 £26,900, Plan 2 £29,385, Plan 4 £33,795, Plan 5 £25,000, Postgraduate £21,000. Thresholds are reviewed annually.