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UK / Pillar

Student loans on payslips

UK student loans are deducted at 9% (Plans 1, 2, 4 and 5) or 6% (Postgraduate Loan) of earnings above the plan threshold.

Educational guidance only. Not affiliated with HMRC. Not regulated tax, legal, financial, payroll or employment advice.

Plan thresholds (annualised, 2026/27)

Quick answer — wrong plan?

The most common student loan error is the wrong plan being applied — usually because HMRC defaulted to Plan 1 when payroll started without a P45.

Related

Educational guidance only. PayslipIQ provides an educational second opinion based on the figures you supply and the public 2026/27 UK PAYE, NI, pension and student-loan rules. Verify any final figure with your payroll team, HMRC, your pension provider or a qualified professional before acting.

See our methodology, Trust Centre and AI limitations.