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Part-Time Earnings Calculator

Understand how additional part-time income affects your student loan repayments

Combined Income Impact

Student loan repayments are based on your total income from all sources. Part-time work adds to your repayment obligations.

£

Your main employment income

£/year

≈ £417/month

Threshold: £27,295 | Rate: 9.0%

Repayment Impact

Combined Annual Income

£33,000

Full-time:£28,000
Part-time:£5,000

Total Monthly Repayment

£43

£513 per year

Additional Repayment from Part-Time Work

+£37/month

+£450 per year

Without Part-Time Work

£5/month

£63 per year

Effective Rate on Part-Time Earnings

9.0%

You keep 91.0% of part-time earnings (after loan repayments)

Income Breakdown

Total income:£33,000
Threshold (Plan 2):£27,295
Amount above threshold:£5,705
Repayment rate:9.0%

Part-Time Earnings Scenarios

Part-Time EarningsTotal IncomeMonthly RepaymentAnnual RepaymentTake-Home Rate
£0£28,000£5£63-
£2,500£30,500£24£28891.0%
£5,000(Current)£33,000£43£51391.0%
£7,500£35,500£62£73891.0%
£10,000£38,000£80£96391.0%
£15,000£43,000£118£1,41391.0%

Take-Home Rate: The percentage of part-time earnings you keep after student loan repayments (not including tax or National Insurance).

Important Considerations

Combined Income

HMRC considers all your income from all sources. Part-time work, freelancing, and side hustles all count toward repayments.

Tax & NI Too

Remember: you'll also pay tax and National Insurance on part-time earnings. The actual take-home will be lower than shown here.

Automatic Deductions

If you're employed, student loan repayments are automatically deducted through PAYE. Self-employed? You'll pay through Self Assessment.

How Part-Time Work Affects Student Loan Repayments

Many graduates take on part-time work, freelance projects, or side hustles to supplement their income. It's important to understand that all your income is combined when calculating student loan repayments.

Common Scenarios

🏪

Weekend Retail Job

Sarah works full-time earning £26,000 and does weekend shifts at a shop earning £4,000/year.

Total income:£30,000
Plan 2 repayment:£243.45/year (£20/month)
Extra from part-time:£360/year
💻

Freelance Designer

James has a full-time job at £32,000 and takes freelance design projects earning £8,000/year.

Total income:£40,000
Plan 2 repayment:£1,143.45/year (£95/month)
Extra from freelancing:£720/year
🍽️

Evening Hospitality Work

Emma works full-time at £24,000 and does evening restaurant shifts earning £6,000/year.

Total income:£30,000
Plan 5 repayment:£450/year (£37.50/month)
Extra from part-time:£540/year

Frequently Asked Questions

Do I have to tell anyone about my part-time job?

Yes. If you're employed, your employer will report your earnings to HMRC. If you're self-employed, you must declare the income through Self Assessment. HMRC will automatically calculate your combined student loan repayments.

Will both my employers deduct student loan repayments?

Each PAYE employer deducts based only on what they pay you. However, if neither job alone crosses the threshold but combined they do, you may need to pay extra through Self Assessment or an adjusted tax code.

What if I'm paid in cash for part-time work?

You're still legally required to declare this income to HMRC, even if paid in cash. Failure to declare can result in penalties and back-payments with interest.

Does seasonal work count?

Yes. Even temporary or seasonal work counts toward your total annual income. Your student loan repayments are based on your total annual earnings from all sources.

Should I avoid part-time work to reduce repayments?

Generally no. While you'll pay more in student loan repayments, you'll still keep 60-70% of your earnings after all deductions. Plus, you're reducing your loan balance and paying less interest long-term. The financial benefit usually outweighs the extra repayments.

Explore More Calculators

Understand your complete financial picture with our other student loan calculators

Important: This calculator shows student loan repayments only. Your actual take-home pay will be lower after income tax and National Insurance. Always consult with HMRC or a financial advisor for personalized advice.