You might need to grips along with your education loan repayments when you look at the UK, but what occurs in the event that you move abroad? Do not bury your mind into the sand, get clued up with this complete guide.
It is the most commonly expected questions about figuratively speaking in britain – must you repay your loan in the event that you move abroad?
In summary, yes you do – however your repayments will no longer be automatic, and you should need to place in the legwork and that means you do not get stung with fees (or even worse) later.
It may be a little bit of a frustration to work through therefore we have slice the jargon and collected the facts for your needs.
What’s on these pages?
What are the results to your Student Loan once you move abroad?
If you’re moving offshore for extended than 3 months you will need to make contact with the Student Loans Company (SLC) to sort down your education loan repayments.
While you are residing in the UK, you never really should consider carefully your education loan repayments, as HMRC takes the amount of money immediately from your own paycheck every month it- and gives it straight to the SLC before you even see. Continue reading