£27,000 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 £27,000, no student loan is deducted.

Take-home (no loan)
£22,960
Take-home with Plan 2
£22,960
Monthly loan repayment
£0
Effective tax rate
14.96%

£27,000 — without vs with Plan 2 student loan

Item Without student loan With Plan 2
Gross salary £27,000 £27,000
Income Tax −£2,886 −£2,886
National Insurance −£1,154 −£1,154
Student Loan (Plan 2) −£0
Annual take-home £22,960 £22,960
Monthly take-home £1,913 £1,913

Plan 2 student loan breakdown

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

Frequently asked questions

When do I start repaying my student loan on £27,000?

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 £27,000?

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

Does student loan affect my take-home pay on £27,000?

No — your salary is below the £27,295 threshold, so no student loan is deducted. Your take-home is £22,960/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 £27,000 after tax Income Tax Rates