Increase in Student Loan Plan 1 and 2 thresholds

The thresholds of Plan 1 and Plan 2 student loans will be increasing from April 2019.

The current thresholds (for 2018-19) are:

  • Plan 1 – £18,330
  • Plan 2 – £25,000

The Department for Education (DfE) has confirmed that from 6 April 2019 the thresholds will increase to:

  • Plan 1 – £18,935
  • Plan 2 – £25,725

Student loan deductions will remain the same at 9% for both plans.