Charlotte Fisher

The UK government has confirmed student loan interest rates and repayment thresholds for the 2026–27 period. From September 1, the applicable RPI rate will be 4.1%. Plan 1 borrowers will see their repayment threshold rise to £28,005 from April 2027, while Plan 2 and Plan 3 interest rates will be capped at 6% despite rates that could otherwise reach 7.1%. Borrowers are advised to monitor official updates because rates may change during the academic year.