Student Loan Income Assessed

Col2018
Col2018 Posts: 8 Forumite
First Anniversary
in Student MoneySaving
Hi, could someone please inform me if when calculating the amount I pay back off my student loan, is it 9% over the threshold of my salary, before or after tax, so I can check if what I am paying back is correct please?

Thank you

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  • Ed-1
    Ed-1 Posts: 3,888 Forumite
    First Anniversary Name Dropper First Post
    Col2018 wrote: »
    Hi, could someone please inform me if when calculating the amount I pay back off my student loan, is it 9% over the threshold of my salary, before or after tax, so I can check if what I am paying back is correct please?

    Thank you

    9% of gross salary (before tax) above £25,000 for post-2012 loans.
    9% of gross salary (before tax) above £18,330 for pre-2012 loans.
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