Last updated: 1 May 2026
Student Loan Overpayment Calculator
If you’ve had student loan repayments deducted through PAYE but your total annual income ended up below your plan’s threshold, you’ve overpaid — and you can claim it all back.
Don’t know? Check your payslip or log into your Student Loans Company account.
Your full taxable income — salary, self-employment profits, etc. — for the whole tax year (April to April).
Add up the “student loan” line on each payslip. Or check your P60.
2026/27 thresholds: Plan 1 £26,900 · Plan 2 £29,385 · Plan 4 £33,795 · Plan 5 £25,000 · Postgraduate £21,000. Repayments are 9% above threshold (6% for postgraduate). Source: GOV.UK Student Loan Refund.
✓ Free to use · ✓ No sign-up · ✓ No personal data stored · ✓ Updated for 2026/27 tax year
Ready to claim?
Apply directly to the official UK government source — no fees, no middlemen.
Apply on GOV.UK →