Data set from Student loan forecasts for England

Table 6b: Repayment thresholds, by loan product

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Forecast of repayment thresholds for Plan 1, Plan 2 and Plan 3 student loans.

Data set details

Finance and funding
Student loan forecasts for England
Release type
Geographic levels
  • Repayment threshold
  • Plan type of loan
Time period
2020-21 to 2025-26

Data set preview

Table showing first 5 rows, from underlying data
Plan 120202119390Financial yearNationalE92000001England
Plan 120212219895Financial yearNationalE92000001England
Plan 120222320255Financial yearNationalE92000001England
Plan 120232420670Financial yearNationalE92000001England
Plan 120242521140Financial yearNationalE92000001England

Variables in this data set

Table showing all 2 variables
Variable nameVariable description
plan_typePlan type of loan - Filter by plan type
repayment_threshold_£Repayment threshold


  1. Repayment thresholds have already been set up to 2021-22 for Plan 3. Plan 1 threshold is assumed to increase based on RPI and the Plan 2 threshold based on average earnings growth, in line with the current policies. The Plan 3 threshold will be reviewed for 2022-23, so to enable future repayments to be forecast, for modelling purposes it is assumed that it will also increase in line with average earnings growth.
  2. Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England
  3. Repayment thresholds are presented as multiples of £5 in line with the policy for calculating them.

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