Student Loans 2025-26
24th March 2025
Plan 1
Current interest rates will remain as Bank Base Rate + 1%. Threshold to increase to £26,065.
Plan 2
Interest charge is RPI increasing on a sliding scale to RPI + 3% depending on income and whether the student has finished their course. Through to August 2025 RPI calculated as 4.3%. Threshold will increase to £28,470 from April 25.
Plan 5
Interest charge is RTI currently set at 4.3% through to August 25. Plan 5 repayments begin April 2026 and have a threshold of £25,000.
Plan 3 Postgraduate Loan
Interest set at RPI + 3% where RTI is set at 4.3% through to August 25. Threshold for loan repayment has not been set as of Feb 25 but currently kicks in at £21,000.
Mortgage Style Loans
So called as they are based on income and re-paid over 5 or 7-years dependent on the length of the original course and do not vary in accordance with salary. No new loans of this type were issued post August 1998.
Interest currently charged at RTI, 4.3% & the threshold is set at £39,543
Disclaimer - All information in this post was correct at time of writing.
