(SI 2009/470, reg. 29; SI 2016/606, reg. 39)

There are now three categories of student loans: Plan 1 loans (pre-2012 loans); Plan 2 loans (post-2012 loans) and Postgraduate Master's Degree loans. Each type of loan carries different repayment terms although all repayment provisions, in respect both student loans and postgraduate master’s degree loans in England and Wales, are now consolidated in the 2009 Regulations (SI 2017/831).

Postgraduate Masters Degree loans2

Year

Percentage

Threshold(2)

From 6 April 2019

6%

£25,725

Notes

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