Student & Postgraduate Loan Thresholds announced for operation from 6th April 2020

The Department for Education (DfE) (08 August 2019) have confirmed the annual updates to the Thresholds of Income Contingent Student Loans.

From 6 April 2020, the repayment threshold for pre-2012 (Plan 1) loans will rise to £19,390.

The repayment threshold for post-2012 (plan 2) loans will rise to £26,575 from 6 April 2020 to 5 April 2021.

The repayment threshold for Postgraduate loans continues to be £21,000.