Graduate Salary After Tax 2025-26
Compare your take-home pay with and without Plan 2 student loan repayments across typical graduate salaries.
Plan 2 Student Loan — how repayments work
Repayment threshold
£27,295/yr
Repayment rate
9% above threshold
Below threshold
£0 repayment
Write-off after
40 years
Plan 2 applies to most English and Welsh graduates who started their course on or after 1 September 2012. Repayments are collected automatically through PAYE — you only repay 9% of earnings above the £27,295 threshold. Salaries at or below £27,295 attract zero repayment.
Graduate salaries — take-home comparison
| Gross salary | Take-home (no loan) | Monthly Plan 2 repayment | Take-home with Plan 2 | |
|---|---|---|---|---|
| £22,000 | £19,360 | £0 | £19,360 | Details → |
| £23,000 | £20,080 | £0 | £20,080 | Details → |
| £24,000 | £20,800 | £0 | £20,800 | Details → |
| £25,000 | £21,520 | £0 | £21,520 | Details → |
| £26,000 | £22,240 | £0 | £22,240 | Details → |
| £27,000 | £22,960 | £0 | £22,960 | Details → |
| £28,000 | £23,680 | −£5/mo | £23,617 | Details → |
| £30,000 | £25,120 | −£20/mo | £24,877 | Details → |
| £32,000 | £26,560 | −£35/mo | £26,137 | Details → |
| £35,000 | £28,720 | −£58/mo | £28,027 | Details → |
| £38,000 | £30,880 | −£80/mo | £29,917 | Details → |
| £40,000 | £32,320 | −£95/mo | £31,177 | Details → |
| £45,000 | £35,920 | −£133/mo | £34,327 | Details → |
| £50,000 | £39,520 | −£170/mo | £37,477 | Details → |
Still studying? Working part-time?
See after-tax take-home pay for part-time student jobs at the National Minimum Wage.
Student part-time after-tax calculator →Related calculators: