£26,000 Graduate Salary After Tax 2025-26

Take-home pay with and without Plan 2 student loan repayments.

You earn below the repayment threshold — £0 student loan repayment

Plan 2 repayments only begin on earnings above £27,295. At £26,000, no student loan is deducted.

Take-home (no loan)
£22,240
Take-home with Plan 2
£22,240
Monthly loan repayment
£0
Effective tax rate
14.46%

£26,000 — without vs with Plan 2 student loan

Item Without student loan With Plan 2
Gross salary £26,000 £26,000
Income Tax −£2,686 −£2,686
National Insurance −£1,074 −£1,074
Student Loan (Plan 2) −£0
Annual take-home £22,240 £22,240
Monthly take-home £1,853 £1,853

Plan 2 student loan breakdown

Your salary
£26,000
Repayment threshold
£27,295
Rate
9%
Monthly repayment
£0

Frequently asked questions

When do I start repaying my student loan on £26,000?

You earn below the £27,295 Plan 2 repayment threshold, so no repayments are taken. Repayments only begin once your salary exceeds £27,295.

How much student loan do I repay per month on £26,000?

Nothing — you earn below the £27,295 Plan 2 threshold. Your monthly repayment is £0.

Does student loan affect my take-home pay on £26,000?

No — your salary is below the £27,295 threshold, so no student loan is deducted. Your take-home is £22,240/year.

What happens if I earn below the repayment threshold?

If your income is at or below £27,295 (Plan 2 threshold for 2025-26), no student loan repayments are deducted — even if you have an outstanding loan balance. Repayments automatically start and stop based on your earnings each pay period.

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Related pages:

All graduate salaries Student part-time after tax Student Loan Calculator £26,000 after tax Income Tax Rates