UK Student Loan Repayment & Write-Off Forecaster
Calculate your monthly SLC deductions from salary and predict your lifetime repayments. Compare Plan 1, Plan 2, Plan 4 (Scotland), Plan 5, and Postgraduate loans to see if your debt will be cleared or written off.
Loan Profile
Repayment Forecast
Lifetime Repayment Projection
UK Student Loan Repayment Rules by Plan
Plan 2 (2012 - 2023)
You pay 9% of your gross earnings above £27,295/year (£2,274.58/month). Unpaid balance is 100% written off 30 years after you were first due to repay, regardless of how much you owe.
Plan 5 (Aug 2023 Onwards)
Under new higher education reforms, the threshold is reduced to £25,000/year and the write-off term is extended from 30 to 40 years, meaning most graduates will repay more over their careers.
Postgraduate Loans (6%)
Postgraduate master's loans require a separate 6% repayment on earnings above £21,000/year. If you have both Plan 2 and a Master's loan, your total marginal deduction is 15% (9% + 6%).
📊 United Kingdom Statutory Breakdown Matrix (HMRC & UK Regulations)
| Statutory Component / Legal Deduction Item | Calculated Amount (GBP / £) |
|---|---|
| Primary Net / Statutory Payable Amount | £0.00 |
Engr. Muhammad Shahzad
Principal Financial Systems Architect & United Kingdom Statutory Specialist
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.