Student Loan Plan 2 Threshold 2024/25

Student Loan Plan 2 Threshold 2024/25. On 23 august 2023, only five months into the current tax year, the department for education in england announced some annual thresholds that will apply from tax year 2024/25. Here's an overview of the student loan changes affecting students in england who start uni from september 2023:

The plan 2 threshold remains at £27,295 until april 2025, increasing with rpi at that point and thereafter. You’re on plan 1 and plan 2 and have an income of £26,400 a year, meaning you get paid £2,200 each month.