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      "© Crown and database right. Derived from content available under the Open Government Licence v3.0 from legislation.gov.uk.",
      "Contains public sector information licensed under the Open Government Licence v3.0."
    ],
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  "figure_id": "employment.student_loan.postgraduate.rate",
  "name": "Postgraduate loan deductions: employer rate (plan 3)",
  "unit": "percent",
  "value_type": "percentage",
  "source_type": "si",
  "jurisdiction": "GB",
  "scope_note": "6% of earnings ABOVE the postgraduate threshold (`employment.student_loan.postgraduate.threshold`), not of all earnings. It is ADDITIONAL to and concurrent with any deduction under regulation 44(1)(a) (reg 44(2A)): a borrower with a plan 2 loan and a plan 3 loan has 9% and 6% deducted at the same time, each on the excess over its own threshold. The words \"plan 3 loan\" date from 6 April 2023 (SI 2022/1335 reg 41(1)(b), which substituted them for \"postgraduate degree loan\"); SI 2017/831 had put \"a postgraduate master's degree loan\" there in 2017, and the archived host carries no note on this limb for the rewording in between, so the record witnesses the two ends of that wording and not the step. Plan 3 now also covers postgraduate doctoral loans (reg 3C tables 3 and 4). The 6% has not moved.",
  "current": {
    "value": "6%",
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        "citation": "https://www.legislation.gov.uk/uksi/2017/831/made (SI 2017/831 reg 26(2): \"For paragraph (1), substitute-\" a new regulation 44(1) reading \"The repayment deducted must be- (a) in relation to a student loan, 9%, and (b) in relation to a postgraduate master's degree loan, 6%, of any earnings paid to, or provided to or for the benefit of, the borrower in respect of the employment, which exceed the threshold specified in paragraph (2)\"; in force 5 September 2017, reg 1(1))",
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      {
        "role": "guidance",
        "citation": "https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2026-to-2027 (under \"Student loan and postgraduate loan recovery\": \"Postgraduate loan deductions 6%\")",
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  "value_numeric": 6.0,
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        "citation": "https://www.legislation.gov.uk/uksi/2017/831/made (SI 2017/831 reg 26(2): \"For paragraph (1), substitute-\" a new regulation 44(1) reading \"The repayment deducted must be- (a) in relation to a student loan, 9%, and (b) in relation to a postgraduate master's degree loan, 6%, of any earnings paid to, or provided to or for the benefit of, the borrower in respect of the employment, which exceed the threshold specified in paragraph (2)\"; in force 5 September 2017, reg 1(1))",
        "uri": "https://www.legislation.gov.uk/uksi/2017/831/made",
        "retrieved": "2026-09-15T00:15:04Z",
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        "content_hash_of": "https://www.legislation.gov.uk/uksi/2017/831/made/data.xml"
      },
      {
        "role": "guidance",
        "citation": "https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2026-to-2027 (under \"Student loan and postgraduate loan recovery\": \"Postgraduate loan deductions 6%\")",
        "uri": "https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2026-to-2027",
        "retrieved": "2026-07-29T08:16:12Z",
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