Student Finance Calculator
2025/26 UK figures — see exactly what you'll borrow, repay, and have written off.
What you'll borrow each year
Total over 3 years
£59,286
With interest added while studying, your balance at graduation will be around £64,783
After graduation — repayments
The bottom line
Based on a starting salary of £28k growing 3% per year. Your actual repayment depends on what you earn.
The key thing to understand
Most graduates never repay their student loan in full. It works more like a graduate tax — you only pay when earning above £25,000, and whatever's left after 40 years is wiped clean. It won't affect your credit score or stop you getting a mortgage.
Monthly student budget (away from home)
Your maintenance loan gives you roughly £852/month. Here's how it typically breaks down:
You'll likely need to top up with part-time work, parental support, or a bursary. Most students work 10-15 hours/week.