Moving Abroad & Student Loans

Everything you need to know about repaying your UK student loan while living overseas, from notification requirements to country-specific thresholds.

⚡ Key Points

  • ✓ You must tell the Student Loans Company (SLC) when you move abroad
  • ✓ Repayment thresholds are adjusted for each country's cost of living
  • ✓ You'll make fixed monthly payments directly to SLC (not via employer)
  • ✓ Failing to inform SLC can result in penalties and fixed repayment amounts

Notification Deadline

3 months

after leaving the UK

Proof Required

Annual

income evidence each year

Fixed Rate Penalty

Up to £580/month

if you don't report income

What Happens When You Move Abroad?

When you leave the UK, you exit the PAYE system, your new employer (if overseas) won't deduct student loan repayments automatically. Instead, you enter a different arrangement with the Student Loans Company:

1. You notify SLC

Complete an "Overseas Income Assessment" form with your destination country and expected income.

2. SLC sets your threshold

Your repayment threshold is adjusted based on the cost of living in your new country (often higher than UK thresholds).

3. You make direct payments

You pay SLC directly via bank transfer or Direct Debit, usually monthly.

4. Annual income verification

Each year you provide evidence of income (payslips, tax returns) to recalculate payments.

Country-Specific Repayment Thresholds

ℹ️How Thresholds Are Set

SLC uses World Bank data to set thresholds for each country. Countries with a higher cost of living than the UK have higher thresholds, meaning you may pay less. Countries with a lower cost of living have lower thresholds.

Here are examples of 2025/26 annual thresholds for popular destinations (Plan 2):

CountryThresholdvs UK (£28,470)
🇺🇸 USA£32,490+19% higher
🇦🇺 Australia£33,035+21% higher
🇨🇭 Switzerland£44,880+64% higher
🇩🇪 Germany£28,385+4% higher
🇫🇷 France£27,295Same
🇪🇸 Spain£22,610-17% lower
🇵🇹 Portugal£20,425-25% lower
🇦🇪 UAE£29,475+8% higher
🇸🇬 Singapore£35,490+30% higher

Full threshold tables are published by SLC annually. These figures are approximate, always check the official SLC documentation for your destination.

How Overseas Payments Work

💳 Payment Methods

  • • Direct Debit (if UK bank account)
  • • Bank transfer (international)
  • • Online via SLC portal

Payments are made in GBP, exchange rates are your responsibility.

💰 Currency & Exchange Rates

Your income is converted to GBP for threshold calculations. SLC uses published exchange rates, not the rate on the day you're paid.

📝 Example: Moving to Australia

James earns AUD 90,000 (approx £47,000) in Sydney. Plan 2 borrower.

Australian threshold (Plan 2)
£33,035/year
Income above threshold
£47,000 - £33,035
£13,965
Annual repayment
£13,965 × 9%
£1,257/year
Monthly payment to SLC
£1,257 ÷ 12
£105/month

James pays £105/month directly to SLC. If he earned the same amount in the UK, he'd pay £148/month, moving to Australia saves him £43/month due to the higher threshold.

Documentation Required

SLC needs proof of your income to calculate repayments. You'll need to provide:

Required Documents

Completed Overseas Income Assessment form (from SLC website)

Proof of employment (contract, offer letter)

Payslips or salary statements (translated if not in English)

P60/tax returns from your destination country

Proof of address in your new country

Evidence of any allowances or benefits included in pay

💡Self-Employed Abroad?

If you're self-employed overseas, you'll need to provide tax returns, business accounts, or a statement from a local accountant confirming your income. This can be more complex, allow extra time for processing.

What Happens If You Don't Report?

⚠️ Serious Consequences

Failing to inform SLC when you move abroad is treated seriously. Consequences include:

  • Fixed repayment rate: SLC will assume you earn enough to pay the maximum (up to £580/month)
  • Arrears accumulation: Unpaid amounts plus interest add up
  • Credit agency notification: Can affect UK credit file
  • Debt collection: SLC may use international debt recovery
  • Legal action: In extreme cases, court proceedings are possible

If you've already moved and haven't notified SLC, contact them immediately. Coming forward voluntarily is better than waiting to be caught, they may be more lenient about backdated amounts.

Special Situations

🛫 Short-Term Contracts / Secondments

If you're abroad for less than 3 months, you may not need to complete the overseas assessment. Check with SLC, rules depend on whether UK PAYE continues.

🌍 Remote Working (Digital Nomads)

If you're paid by a UK employer but working abroad, you might still be in PAYE. However, if you become tax resident elsewhere, you'll likely need to switch to overseas income assessment. Get professional advice.

🔄 Returning to the UK

When you return, notify SLC within 3 months. Once you're back in UK employment and PAYE, automatic deductions resume. You'll stop making direct payments.

🏖️ Not Working / Gap Year

If you're moving abroad but not working (e.g., travelling, studying, or retired), you still need to inform SLC. With no income, you won't make repayments, but you must provide evidence.

Moving Abroad Checklist

Before You Leave

Download the Overseas Income Assessment form from SLC

Note down your SLC customer reference number

Set up online access to your SLC account

Keep your UK bank account open (easier for payments)

Gather income documentation from your new employer

⚠️Sign in to check your interest rate

If you are on Plan 2 and you earn above the higher threshold the interest rate can increase to RPI plus up to 3 percent depending on income. Sign in to your SLC account to see the exact interest rate on your loan and to view the annual statements which show the real interest rate and the total interest accrued per year.

After You Arrive

Submit your Overseas Income Assessment within 3 months

Set up your payment method with SLC

Save all payslips and tax documents for annual reviews

Set a calendar reminder for annual income verification

Update SLC if your income changes significantly mid-year

Good News: Write-Off Still Applies

Your Loan Will Still Be Written Off

The write-off rules apply regardless of where you live. Plan 2 loans are written off 30 years after the April following graduation, whether you're in the UK, Australia, or anywhere else. Moving abroad doesn't extend this period.

For many borrowers, especially those moving to high-cost countries with higher thresholds, living abroad can actually mean lower total repayments over your lifetime.

Plan Your Move

Calculate how your repayments will change when moving abroad using our tools.

Official Resources

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